2Nd St Waukee, IA 50263

Property Details for 0 2Nd St

Lot size

2.53 lot acres

Property size

1 SF

Property type

Land

Property subtype

Apartment buildings

Description

This exceptional 2.53-acre lot presents a prime opportunity for a multifamily development in the thriving city of Waukee, Iowa. Zoned for multifamily townhomes, this property offers significant potential for a lucrative investment. The site boasts a highly desirable location, situated directly across from the recently completed Fireside at Waukee luxury apartment complex, ensuring high visibility and strong market demand. Conveniently located within minutes of the I-80/I-235 interchange, this location provides easy access to major transportation routes. Furthermore, the property's proximity to Waukee's Triumph Park, the new high school, and the Raccoon River Valley Trail enhances its appeal to potential residents seeking an active lifestyle. Waukee's impressive 5.39% annual growth rate and its designation as Iowa's fastest-growing large city underscore the exceptional long-term investment potential of this property. The current zoning allows for the construction of a multifamily development, with the potential for approximately 22 units, although the exact number is subject to final planning and approval. This presents a unique chance to capitalize on Waukee's robust growth and create a thriving residential community. The site's size and location make it an ideal candidate for a high-quality, in-demand multifamily project. This is a rare opportunity to acquire a significant parcel of land in one of Iowa's most dynamic and rapidly expanding cities.