225 Rd Waukee, IA 50263
This exceptional commercial land offering presents a unique investment opportunity in the thriving Waukee, Iowa submarket. Located at 225 NE Alice's Rd, at the northeast corner of Hickman & Alice's Road, this single-tenant property boasts a substantial 33.5-acre lot size (APN: 1226300005) within Dallas County. The property is zoned C - Commercial, allowing for a wide range of development possibilities. The existing building encompasses a significant 187,000 square feet of space, ideal for a variety of commercial or retail uses. Its strategic location in Waukee, IA, zip code 50263, provides excellent access to major transportation routes and a robust local economy. This is a new development, presenting a blank canvas for a discerning investor seeking to capitalize on the growth potential of this dynamic area. The property's size and zoning make it suitable for a large-scale commercial project, offering significant returns on investment. Detailed site plans and further information are available upon request. Don't miss this chance to acquire a premier commercial property in one of Iowa's fastest-growing communities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.