Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Kettlestone Waukee, IA 50263
    Back to Search
    Property profile & analytics

    Kettlestone Waukee, IA 50263

    View on Map
    • Land
    • 12.94 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Kettlestone

    Lot size
    12.94 lot acres
    Property type
    Land

    Description

    This exceptional 12.94-acre commercial land parcel presents a unique investment opportunity in Waukee, Iowa's thriving Kettlestone Development. Strategically located east of the new 40-acre Keetown Loop entertainment district, this property benefits from its proximity to planned amenities including a 3,500-seat concert venue by Live Nation, hotels, shopping, restaurants, and nightlife. The area also boasts Triumph Park, a premier sports and recreation complex featuring numerous athletic fields, a large pond, playgrounds, and a Miracle League field, attracting over 350,000 visitors annually. Kettlestone is designed as a walkable, sustainable community with diverse housing, public trails, and fishing ponds, reflecting Waukee's commitment to business growth, quality schools, and environmental preservation. Situated in one of the fastest-growing cities in Iowa and the fourth fastest-growing county nationally, this land offers significant potential for various commercial ventures, capitalizing on Waukee's robust economic expansion and its appeal to young professionals and families. The Kettlestone development's focus on creating an attractive, high-quality, and sustainable environment further enhances the long-term value and appeal of this exceptional property. The property is conveniently located in Dallas County, Iowa, with a Waukee zip code of 50263. The site's address is Kettlestone NE.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waukee
    County
    Dallas
    State
    Iowa
    Longitude
    -93.8539
    Latitude
    41.5746

    Comparable in this City

    • Value Estimation by Request
      1.25 Acres

      1014 Hickman Rd

      Neighborhood centers • 9,000 SF
      1014 Hickman Rd, Waukee, IA 50263
      View Details
    • Value Estimation by Request
      13.16 Acres

      & I80 Ute Ave

      Land • 13.16 Acres
      & I80 Ute Ave, Waukee, IA 50263
      View Details
    • Value Estimation by Request

      Grand Pr Pkwy

      Land
      0 Grand Pr Pkwy, Waukee, IA 50263
      View Details
    • Value Estimation by Request
      2,754 SF

      210 2Nd St

      Multifamily properties • 2,754 SF
      210 2Nd St, Waukee, IA 50263
      View Details
    • Value Estimation by Request
      18.50 Acres

      Kettlestone

      Land • 18.50 Acres
      0 Kettlestone, Waukee, IA 50263
      View Details
    • Value Estimation by Request
      1.32 Acres

      1625 Gettysburg Ln

      Land • 1.32 Acres
      1625 Gettysburg Ln, Waukee, IA 50263
      View Details

    Similar Nearby for Sale

    • New
      $7,242,000
      144.84 Acres

      Development Land in Growing Waukee

      144.84 acres of development-ready land in Waukee, Iowa.
      T Ave & Douglas Pkwy, Waukee, IA 50263
      View Details
    • Contact for pricing
      1.00 Acre

      Prime Waukee Commercial Land

      Hickman Road development opportunity.
      1250 Hickman Rd, Waukee, IA 50263
      View Details
    • Contact for pricing
      3.65 Acres

      Waukee Commercial Land - I-80 Access

      High-visibility land, ideal for development.
      0 Grand Prairie Pkwy, Waukee, IA 50263
      View Details
    • $1,795,662
      405,108 SF

      Waukee Mixed-Use Land Investment

      9.3 Acres, I-80 Access, High Growth
      33240 Ute Ave, Waukee, IA 50263
      View Details
    • Contact for pricing

      Waukee Development Land For Sale

      Development land available for purchase in Waukee, Iowa.
      1625 NW Gettysburg Ln, Waukee, IA 50263
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      47,916 SF

      Waukee Commercial Land: Prime Location

      High-traffic location, build-to-suit or ground lease.
      405 E Hickman Rd, Waukee, IA 50263
      View Details
    • Contact for pricing

      Waukee Outparcels for Lease

      1 to 3.5 acre outparcels for lease.
      Grand Prairie Pkwy, Waukee, IA 50263
      View Details
    • Contact for pricing

      Retail Development Land for Lease

      Land available for ground lease or build-to-suit in Waukee.
      Waukee Ia, Waukee, IA 50263
      View Details
    • Contact for pricing

      Prime Land Near I-80 Exit

      Located off I-80 in fast-growing Waukee, Iowa.
      1200 SE Kettlestone Blvd, Waukee, IA 50263
      View Details
    • Contact for pricing

      Land Available For Build-To-Suit

      Up to 1.99 acres available for Build-To-Suit in Waukee.
      970-1030 SE Olson Dr, Waukee, IA 50263
      View Details
    • Contact for pricing

      Waukee Pad Site For Lease

      1.1 acre pad site available for ground lease or build-to-suit.
      405 E Hickman Rd, Waukee, IA 50263
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Kettlestone
    Waukee, IA 50263
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Kettlestone, Waukee, IA, 50263
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!