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Investment Highlights

  • 18.79-acre mixed-use development site at a prominent Waukee intersection.
  • Full water and sewer services available adjacent to the property line.
  • Surrounded by residential neighborhoods, retail, and growing business districts.
  • Direct access from University Avenue with a dedicated turn lane for improved traffic flow.
  • Located near Interstate 80, providing connectivity throughout the Des Moines metro.
  • Opportunity for flexible development uses in a high-growth community.

Executive Summary

This 18.79-acre property offers a substantial development opportunity in the fast-growing Waukee market. Positioned at the intersection of University Avenue and Grand Prairie Parkway, the site benefits from excellent accessibility and visibility just minutes from Interstate 80. Zoned for mixed-use development, the land accommodates a variety of potential uses, making it an attractive option for retail, office, or commercial developers. The property is served by adjacent sewer and water infrastructure and includes a dedicated turn lane from University Avenue for convenient ingress and egress. With strong regional demographics and continued population growth in the metro area, this location provides exceptional potential for long-term value and demand.

Attachments

GrandPrairie

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Mixed Use
  • Multifamily
Total Lot Size 18.79 AC
Cross Streets Grand Prairie Parkway
Zoning Commercial - Commercial

1 Lot Available

Lot

Lot Size 18.79 AC

18.79-acre parcel at University Avenue and Grand Prairie Parkway in Waukee, IA, with sewer and water access, zoned for mixed-use development.

Description

The property is 18.79 acres located at the intersection of University Avenue and Grand Prairie Parkway in Waukee, IA. It is zoned Mixed Use and has adjacent sewer and water access with a designated turn lane on University Avenue. The site is positioned near Interstate 80 within a developing area that includes residential housing and commercial growth.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
  • Listing ID: 40512414

  • Date on Market: 5/13/2026

  • Last Updated:

  • Address: University Ave, Waukee, IA 50263

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