1045 Rd Waukee, IA 50263
This exceptional 1.38-acre commercial land parcel presents a remarkable retail investment opportunity in the thriving Waukee, Iowa market. Situated at 1045 SE Alice's Rd, Waukee, IA 50263, this property boasts a prime location along a major north-south thoroughfare, Alice's Road, which has recently been expanded to six lanes. This strategic location provides excellent visibility and accessibility, connecting Hickman Rd/IA Hwy 6 to Grand Prairie Pkwy and the new I-80 interchange. The site is adjacent to a new Kwik Star, ensuring high traffic volume and strong consumer presence. The property's high visibility is further supported by impressive traffic counts: 11,800 vehicles per day (VPD) on Alice's Road in 2022 and 10,600 VPD on University Avenue in 2016. The total land area is 59,941 square feet. Build-to-suit options are negotiable, allowing for flexibility in development plans to meet specific business needs. This property is situated in Dallas County within a rapidly growing and nationally recognized suburb, making it an exceptional opportunity for retail development and long-term investment.
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.