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Agricultural Land with Utilities
For Sale
$1,486,485

1175 Tower Terrace Rd, Hiawatha, IA 52233

Land/Lot/Farm, Hiawatha, IA

Property SizeContact for details
Lot Size5.46 Acres
Days on Market524

Property Features for 1175 Tower Terrace Rd

General Information

Property type Land
Property subtype Other
Zoning description AG
Lot features Level
Directions SE Corner of N Center Point and Tower Terrace Roads
Subdivision Hiawatha/Robins
Standard status Active
APN 112930100200000, 112930101100000
Lot size 5.46 Acres

Taxes and HOA fees

Tax Description TH PT NE SW LYG NW'LY SHERMAN SQUARE 6TH & 10TH EX SHERMAN SQUARE 1ST & EX RDS
Tax Annual Amount 233
Legal Description TH PT NE SW LYG NW'LY SHERMAN SQUARE 6TH & 10TH EX SHERMAN SQUARE 1ST & EX RDS
Listing Agency: Realty87 · Coldwell Banker Real Estate
Listed By: Molly Iversen · License #S59657
Added: Mar 17, 2025 Changed: Aug 19 Last Checked: Aug 22 at 7:06PM
MLS# 2501826

Copyright © 2026 Cedar Rapids Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-parcel agricultural land site totals 5.46 acres and has utilities at the location. The property is currently zoned AG, but it is noted as zoned for C4, offering flexibility for prospective development planning.

The site sits on the south east corner of N Center Point and Tower Terrace Roads and is described as being just a block from the new I-380 and Tower Terrace interchange that is now open. It is also on a bus route (Route 30). The surrounding area includes over 400 multi-family housing units within a 2-mile range and over 300 single-family dwellings within a 1.5-mile range.

Access opportunities are noted, including potential right in/right out off of Tower Terrace with approval from the City of Hiawatha, plus potential left in/left out off of N Center Point Rd.

Key Highlights

  • Two parcels totaling 5.46 acres with utilities at the site
  • South east corner of N Center Point Rd and Tower Terrace Rd
  • Just a block from the new I‑380 and Tower Terrace interchange (now open)

Property Analytics

Current Use

Agricultural land / Farmland

Suggested Use

Top Pick HVAC Service Restaurant Nail Salon Law Firm Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

135
Businesses Nearby

Demographics for 52233, IA

7,091
Population
3,123
Households
2.3
Avg Household Size
39
Median Age
31%
College-Educated
97%
High-School Grad
3.9 sq mi
ZIP Area
1,818
Density / Sq Mi
$66,497
Median Household Income
$44,111
Median Earnings
$846
Median Rent
$200,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Two-parcel site with utilities at the location, current AG zoning and planned C4 zoning potential, near I-380 interchange.
Where is this agricultural land / farmland located?
The property is located at 1175 Tower Terrace Rd Hiawatha, IA.
What is the asking price?
The asking price for this property is $1,486,485.
What are key features of this property?
This property features: Two parcels totaling 5.46 acres with utilities at the site; South east corner of N Center Point Rd and Tower Terrace Rd; Just a block from the new I‑380 and Tower Terrace interchange (now open)
More about this property
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