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    OFF-MARKET
    Land

    0 156 & Hickman, Waukee, IA 50325

    1.27 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial land offering presents two prime pad sites totaling approximately 1.27 and 1.38 acres, respectively, situated at the highly visible intersection of 156th Street and Hickman Road in Clive, Iowa, within Dallas County. The property boasts a C-4 Planned Shopping Center Commercial District zoning designation, ideal for a variety of commercial developments. The western lot encompasses approximately 1.27 acres, while the eastern lot offers approximately 1.38 acres. This location benefits from exceptional visibility and high traffic counts, with Hickman Road reporting 31,100 vehicles per day (VPD) in 2022 according to Iowa DOT data, and 156th Street showing 10,765 VPD in 2016 (Iowa DOT). The land is strategically positioned adjacent to a new Iowa Trust & Savings Bank, and in close proximity to established businesses including Walgreens, Arby's, Kum & Go, and Nebraska Furniture Mart, ensuring strong consumer traffic and brand synergy. The land value is priced between $24 and $27 per square foot. This presents a unique opportunity for investors seeking high-impact commercial development in a thriving Iowa market. The zip code is 50325. The property's latitude and longitude coordinates are 41.6148672 and -93.8337128, respectively. One lot is currently available for purchase.

    Property profile
    Verified
    Property type Land
    Lot 1.27 ac (55,321 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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