Technical
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Property profile

0 Pavilion Park Waukee, IA 50263

OFF-MARKET
Land
1 ac lot
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Property summary

AI-generated overview

This exceptional 260-acre land parcel presents a significant investment opportunity in Waukee, Iowa. Designated for commercial use, the property also allows for mixed-use development, high and medium-density residential, and single-family residential construction, offering unparalleled flexibility. Its strategic location provides direct visibility from Interstate 80 and convenient access via the new Grand Prairie Parkway interchange at mile marker 118. Furthermore, the site enjoys proximity to Jordan Creek Town Center, the fourth largest shopping complex in the Midwest, just 1.5 miles away. The surrounding area boasts strong demographics, including a 2024 projected population of 74,072 in West Des Moines, 32,614 households, and a median household income of $90,930. The median home value is $338,977, and the median rent is $1,515 (2023 data). The median age is 36, and the area falls within the highly-rated Waukee school district. This expansive tract offers developers a unique chance to create a thriving community in a rapidly growing area with exceptional access and strong market fundamentals. The property is zoned commercial, making it ideal for a variety of development projects. Dallas County location, zip code 50263.

Property profile

Verified
Property type Land
Lot 1 ac (43,560 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Pavilion Park Waukee, IA 50263
Waukee metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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