0 University Ave, Waukee, IA 50263
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.
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.