University Ave Waukee, IA 50263
- Retail properties
- 1 SF
- 1.22 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 University Ave
- Lot size
- 1.22 lot acres
- Property size
- 1 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional 1.22-acre commercial lot, located at the intersection of Alices Rd and SE University Ave in Waukee, Iowa, presents a unique investment opportunity. Priced at $797,145, this property offers significant potential for retail, office, or flex space development. Situated within the Autumn Ridge Outlots, this lot boasts excellent visibility and convenient access. The property backs up to a thriving multi-family development, ensuring a built-in customer base and high foot traffic. All necessary infrastructure is already in place, simplifying the development process and minimizing upfront costs. With a land value of $53,143 per square foot, this represents a compelling investment in a rapidly growing area of Waukee. The lot's size provides ample space for a variety of development options, catering to diverse business needs. The strategic location within the Autumn Ridge Outlots, combined with the existing infrastructure and proximity to residential areas, makes this a highly desirable property for developers and investors seeking a strong return on investment in a vibrant and expanding community. The zip code is 50263, and the property is located in Dallas County, Iowa. This is a rare opportunity to acquire a prime commercial lot in a high-demand location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waukee
- County
- Dallas
- State
- Iowa
- Longitude
- -93.8529
- Latitude
- 41.6005
