1105 Douglas Pkwy Waukee, IA 50263
This exceptional 3.45-acre commercial land parcel presents a unique investment opportunity in the thriving city of Waukee, Iowa. Located at 1105 NE Douglas Parkway, this property boasts a highly desirable location within Dallas County, zip code 50263, positioned for significant future growth. The asking price is $1,500,000. This expansive lot offers the potential for subdivision into parcels as small as 1.2 acres, providing flexibility for various development projects. The property benefits from excellent visibility and accessibility, with a high daily traffic volume of 5,184 vehicles per day on nearby NE Alice's Road. Its strategic location places it directly in the path of Waukee's anticipated future expansion, promising substantial long-term value appreciation. This is an exceptional opportunity for developers seeking a prime location to capitalize on Waukee's robust economic growth and burgeoning commercial sector. The property is classified as commercial land and is ready for immediate development. Detailed site plans and further information are available upon request. Don't miss this chance to secure a piece of Waukee's promising future.
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.