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    OFF-MARKET
    Land

    0 University Ave, Waukee, IA 50263

    1.22 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.22-acre commercial land parcel presents a remarkable investment opportunity in Waukee, Iowa. Situated at the intersection of Alices Road and SE University Ave, this property boasts a strategic location within the thriving Autumn Ridge Outlots, directly adjacent to a substantial multi-family development. The asking price is $797,145, translating to a land value of $653,398 per acre. This prime development site offers significant potential for a variety of uses, including retail, office, and flex spaces. All necessary infrastructure is already in place, simplifying the development process and minimizing upfront costs. The property's convenient location within the Autumn Ridge Outlots ensures high visibility and accessibility, attracting a large customer base. The proximity to a well-established residential community further enhances its appeal and potential for strong returns. This is an exceptional opportunity to acquire a highly desirable commercial land parcel in a rapidly growing area of Waukee, Iowa, with the potential for significant future appreciation. The property is zoned for commercial and industrial uses, providing flexibility for a range of development projects. Dallas County's robust economy and strong population growth make this a particularly attractive investment. The zip code is 50263. The coordinates are 41.6004737 latitude and -93.8528806 longitude.

    Property profile
    Verified
    Property type Land
    Lot 1.22 ac (53,143 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
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    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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