T Avenue & Douglas Parkway

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T Avenue & Douglas Parkway

Waukee, IA 50263
Asking Price
$7.24M
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Available for sale in the growing Waukee submarket of Iowa.
  • Property is situated at the intersection of T Avenue and Douglas Parkway.
  • Asset represents a strategic development site with an asking price of 7242000.
  • Waukee remains a key hub for residential and commercial expansion.
  • The land is positioned for diverse development within the Des Moines metro.

What's Special

This land for sale at T Avenue and Douglas Parkway in Waukee, Iowa, presents a strategic acquisition for developers or investors seeking a position in one of the state's fastest-growing communities. Situated at the intersection of T Avenue and Douglas Parkway, this parcel offers significant potential for commercial or residential development within a dynamic suburban market. Waukee benefits from its proximity to the Des Moines metro area, characterized by steady population growth and an expanding economic base that draws businesses and residents alike. The site's location provides access to key regional infrastructure, supporting various development timelines and project scopes. Whether planning for retail, office, or mixed-use integration, this land provides the necessary footprint to capitalize on the region's increasing demand for space. Buyers looking to secure a foothold in a thriving Iowa corridor will find this site well-suited for long-term growth and high-value project execution.

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NOI
$80,000
Cap Rate
1.10%
DSCR
0.19
Underwater
Cash-on-Cash
-16.11%
Monthly Payment
$35,829.465
Annual Cash Flow
$-349,953.576

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