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    Property profile & analytics

    651 NE Venture Dr Waukee, IA 50263

    • Strip malls
    • 10,199 SF
    • 1.49 lot acres
    For Lease
    View listing
    $29 SF/Yr
    Value Estimation
    $4,050,000
    Last Sale
    Oct 08, 2021
    $4,200,000
    Location Intelligence
    Property ID
    US25-0132921
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The Rob Ellerman Team at RE/MAX Concepts - Des Moines / Real Estate Agent
    • The Rob Ellerman Team RE/MAX Concepts - Des Moines / Real Estate Agent

    Property Details for 651 NE Venture Dr

    Year built
    2019
    Lot size
    1.49 lot acres
    Property size
    10,199 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    1227451002
    APU
    1227451002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,805,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,160,000
      6.5%
      $3,915,000
      7%
      $4,095,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,565,000
      Geo Method
      $4,800,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,160,000
      Retail
      $4,505,000
      Mixed-Use
      $3,950,000
      Hospitality
      $4,675,000
      Educational
      $4,375,000
      Residential Income
      $4,705,000
      Energy
      $4,590,000
      Income-Based Land
      $4,910,000
      Food Service
      $4,605,000

    Location Insight

    • Map
    • Local Demand
    City
    Waukee
    County
    Dallas
    State
    Iowa
    Longitude
    -93.8582
    Latitude
    41.6163
    CBSA code
    19780
    CBSA name
    DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $73,704
    $778,850
    $1,861,730
    $2,640,580
    -
    $778,850
    $1,861,730
    $2,640,580

    Comparable in this City

    • Value Estimation by Request
      18,280 SF

      1358 Hickman Rd

      SHOPPING CENTER, STRIP CENTER • 18,280 SF
      1358 Hickman Rd, Waukee, IA 50263-8137
      View Details
    • Value Estimation by Request
      27,171 SF

      264 Hickman Rd

      SHOPPING CENTER, STRIP CENTER • 27,171 SF
      264 Hickman Rd, Waukee, IA 50263-5004
      View Details
    • Value Estimation
      $10,435,000
      33,431 SF

      85 Carefree Ln

      SHOPPING CENTER, STRIP CENTER • 33,431 SF
      85 Carefree Ln, Waukee, IA 50263
      View Details
    • Value Estimation
      $4,140,000
      15,775 SF

      400 Hickman Rd

      SHOPPING CENTER, STRIP CENTER • 15,775 SF
      400 Hickman Rd, Waukee, IA 50263-5060
      View Details
    • Value Estimation by Request
      8,800 SF

      500 Hickman Rd

      SHOPPING CENTER, STRIP CENTER • 8,800 SF
      500 Hickman Rd, Waukee, IA 50263-7737
      View Details
    • Value Estimation by Request
      11,971 SF

      755 Alices Rd

      SHOPPING CENTER, STRIP CENTER • 11,971 SF
      755 Alices Rd, Waukee, IA 50263
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $25 SF/Yr
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      Retail Space in Growing Waukee

      Retail space with high visibility in a fast-growing community.
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      View Details
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      Retail Space in Growing Waukee

      New retail space with high visibility in fast-growing Waukee.
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      View Details
    • $30 SF/Yr
      3,977 SF

      Waukee Retail Space - Grand Prairie

      New Retail Center in Des Moines Metro Area.
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    • $29 SF/Yr
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      Waukee Retail Center - 15,000 SF

      New Retail/Storage Space Available in Waukee, IA
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    • Contact for pricing
      9,000 SF

      Waukee Marketplace Retail Opportunity

      High-visibility retail space available in Waukee, IA.
      1014 Hickman Rd, Waukee, IA 50263
      View Details
    • $35 SF/Yr
      22,900 SF

      Waukee Retail Space For Lease

      Retail spaces available in Waukee Towne Center, 1,800-170,000 SF.
      405 SE Crabapple Dr, Waukee, IA 50263
      View Details
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    651 NE Venture Dr
    Waukee, IA 50263
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    Realmo Value Estimation

    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.

    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.

    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
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