33073 V Ct Waukee, IA 50263

This exceptional 41-acre property in Waukee, Iowa, presents a remarkable investment opportunity. Located in Dallas County, the 4th fastest-growing county in the US, this land boasts a prime location with Interstate-80 frontage, offering unparalleled visibility and accessibility. The property's Multi-Use Medium (MUM) zoning permits high-density residential and commercial development. 34 acres are zoned for attached living and/or commercial development, while 7 acres are designated for detached residential use within the desirable Van Meter school district. With I-80 traffic counts at 40,000 vehicles per day, this location offers significant exposure. The property's strategic position is further enhanced by its proximity to the 1,200-acre Kettlestone Development, and ongoing development projects to the west (34 acres) and south (188 acres). The asking price is $3,995,000, translating to $2.24 per square foot. The City of West Des Moines is actively exploring the creation of an Urban Renewal District in this area, potentially including the construction of EP True Pkwy through the property, along with a 20-year Tax Increment Financing (TIF) district and potential 5-year sales tax rebates for businesses. This presents a unique opportunity for significant long-term return and equity. The adjacent 8.5 acres recently sold for $154,000 per acre, further validating the property's value.