0 Pavilion Park Waukee, IA 50263
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.
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.