31965 250Th St Waukee, IA 50263
For Sale
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This exceptional 154.5-acre agricultural property presents a remarkable investment opportunity in the thriving western metro area of Iowa. Strategically located north of Hickman, off Alice's Road, between the rapidly growing communities of Waukee and Grimes, this expansive land parcel offers unparalleled potential for future development. Currently zoned for agricultural use, the property boasts a land value of $48,543.69 per square foot, reflecting its prime location and significant development potential. The address is 31965 250th St, Waukee, IA 50263, within Dallas County. Its proximity to established infrastructure and burgeoning residential and commercial areas makes it an attractive proposition for developers seeking to capitalize on the region's robust growth trajectory. The expansive acreage provides ample space for a variety of development projects, catering to the increasing demand for residential and commercial properties in this highly sought-after area. This owner-owned land presents a unique chance to acquire a substantial holding in a dynamic and rapidly developing market. The asking price for this exceptional property is $7,500,000.
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.