Booming Land Development Opportunity, Last Chance, Middle IOWA

80-100+ Acre Landmark Development Site For 150 Homesites
Waukee / West Des Moines, Iowa

We are proud to present one of the final and most spectacular large-acreage opportunities remaining along the entire Hickman Road (U.S. Highway 6) corridor between Waukee and Adel Iowa: an expansive 80+ acre assemblage of gently rolling, predominantly open farmland with panoramic 360-degree views, mature tree lines, and over 2,000 feet of direct frontage on a main road itself. Located less than two miles west of the booming Jordan Creek/Waukee growth axis, the property sits in the direct path of annexation into the City of Waukee and the nationally recognized Waukee Community School District, positioning it for immediate rezoning to low-density single-family residential and the creation of approximately 150 premium improved lots. The site’s elevated topography, natural drainage, and absence of flood plain deliver an ideal canvas for a signature neighborhood featuring walk-out and daylight homesites that command the highest price points in the submarket.

This is a true legacy-scale investment: upon full build-out and sell-out by our fully integrated in-house building team at current market velocities and pricing ($550,000–$900,000+ finished homes on $230,000–$300,000+ finished lots), we are conservatively projected to deliver $80–$100 million in total gross revenue all while we handle every aspect of acquisition, entitlement, development, construction, and sales with zero day-to-day involvement required from you. This is mailbox-money investing at its finest in one of the strongest, most supply-constrained residential markets in the Midwest. Detailed site imagery, preliminary plat concepts, financial model, and third-party market analysis are ready for immediate review under NDA.

Sellers are experienced developers and are well experienced in home design /build and particularly utility construction.

Acquisition of the entire project as it stands would be around +-40MM, we are open to partial ownership and partnership opportunities. Thanks for looking.