Waukee, IA
Commercial Real Estate Market Trends & Data

$227 Avg asking sale price
$20 Avg asking lease rate
18,172 SF Avg unit lease size
24,972 SF Avg building size for sale
7.20% Average cap rate

Waukee's Demographic Profile

Waukee has 11,280 households and a median income of $93,882, providing context for rent absorption and tenant demand across retail and multifamily assets. A +20% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 29,592
# Households 11,280
Median age 36
Median household income $93,882
Avg household size 3.0
Renter-occupied housing units 3,337
5-year population change +20%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Waukee, IA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Waukee $305 29,159 SF 7.50%
Clive $170 30,507 SF 11.80%
Urbandale $189 22,981 SF 7.50%
West Des Moines $155 34,274 SF 11.80%
Grimes $245 19,097 SF 7.50%
Nearby Retail Markets Avg Cost/SF Typical Size
Waukee $341 24,093 SF
Clive $637 8,916 SF
Urbandale $389 20,345 SF
West Des Moines $535 9,480 SF
Grimes $405 12,809 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Clive $105 8,806 SF 7.57%
Urbandale $145 5,016 SF 9.08%
West Des Moines $111 34,504 SF 7.57%
Van Meter $423 13,207 SF 6.21%

Commercial Properties For Sale in Waukee

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

831 NE Venture Dr

Waukee, IA 50263

  • 12,836 SF Retail Building
  • 7.00% Cap Rate
  • $5,486,400
For Sale

965 SE Alices Rd

Waukee, IA 50263

  • 4,425 SF Retail Building
  • 6.00% Cap Rate
  • $3,831,020
For Sale

2680 Berkshire Pky

Des Moines, IA 50325

  • 18,823 SF Office Building
  • 7.50% Cap Rate
  • $3,757,600
For Sale

Warrior Station

Waukee, IA 50263

  • 18,854 SF Office Building
  • 6.50% Cap Rate
  • $7,749,000
For Sale

Timberline RV Campground | Waukee, Iowa

Waukee, IA 50263

  • 92,000 SF Multifamily
  • 8.00% Cap Rate
  • $10,325,000
For Sale

Shadow Creek Heights Land

Clive, IA 50325

  • 26.86 AC Lot
  • 1 Residential Income Lot
  • $2,700,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Waukee pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Waukee $227 24,972 SF
Clive $234 27,018 SF
Urbandale $219 24,197 SF
West Des Moines $224 30,924 SF

Regional Demographic Comparison

This comparison places Waukee alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Waukee or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Waukee 29,592 11,280 36 $93,882 3 3,337 20%
Clive 19,730 7,346 40 $114,739 3 1,833 10%
Urbandale 45,168 17,548 41 $100,011 3 3,860 7%
West Des Moines 73,091 32,113 37 $76,123 2 13,627 9%
Dallas Center 2,212 851 43 $73,749 3 125 18%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Waukee, IA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Waukee

View All Commercial Real Estate For Sale in Waukee
Is Waukee a good market for a first-time commercial real estate investor?

Waukee offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Waukee?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Waukee. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Waukee?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Waukee. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Waukee compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Waukee. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Waukee acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Waukee, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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