Technical
Financial
Distress signals
Property profile

80 W Hickman Rd Waukee, IA 50263

FOR SALE
Commercial land
Property ID
US25-0544758
0.9 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 0.9-acre commercial land parcel presents a unique investment opportunity in the thriving Waukee, Iowa market. Strategically located on West Hickman Road, this property boasts exceptional visibility and high traffic counts, estimated at approximately 13,710 vehicles in 2021. The site is zoned C-1 Community and Highway Service Commercial District, offering a wide range of development possibilities. The asking price is $300,000, translating to a land value of $8.93 per square foot. Situated in Dallas County, Iowa, with the address 80 W Hickman Rd, Waukee, IA 50263, this property benefits from its location within a high-growth area, promising significant future appreciation. The property's prime location and zoning make it ideal for a variety of commercial ventures, capitalizing on the substantial traffic flow along Hickman Road. This is an exceptional opportunity to acquire a well-positioned commercial lot in a dynamic and expanding community. Don't miss this chance to secure a piece of Waukee's vibrant commercial landscape.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.9 ac (39,331 SF)
APN 1233231001
UPID US25-0544758

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician

Location

80 W Hickman Rd Waukee, IA 50263
Waukee metro Census 50901 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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