You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Land

0 2Nd St Waukee, IA 50263

1 SF 2.53 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Total area 1 SF
Lot 2.53 ac (110,207 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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2Nd St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message