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    1175 Tower Terrace Rd Hiawatha, IA 52233

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    Claim this Listing
    For Sale
    $1,486,485

    LAND - Hiawatha, IA

    Lot size:
    5.46 Acres
    Added:
    Mar 17, 2025
    Days on Market:
    416
    Last Refresh:
    May 6 at 12:06 pm

    Property Features for 1175 Tower Terrace Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    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

    We can help!

    Listing Contact
    Molly Iversen
    Molly Iversen

    Listing agent Molly Iversen License #S59657

    Listing office Realty87 5408 BLAIRS FOREST WAY NE, Cedar Rapids, IA

    Listing date Mar 17, 2025

    MLS# 2501826 Listing URL

    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.

    HighLights

    • Prime location at the southeast corner of N Center Point & Tower Terrace Roads.
    • 5.46 acres comprised of 2 parcels with utilities available on site.
    • Zoned for C4 commercial use, currently AG.
    • Close proximity to the new I‑380 and Tower Terrace interchange.
    • High‑traffic area with potential for right‑in/right‑out access from Tower Terrace and left‑in/left‑out access from N Center Point Rd (subject to city approval).
    • Located on bus route 30.

    Overview

    Hiawatha Land Opportunity

    This property features 5.46 acres situated at the southeast corner of N Center Point and Tower Terrace Roads. Utilities are available at the site. The location is one block from the newly opened I380 and Tower Terrace interchange and includes Hiawatha's first roundabout at the intersection of N Center Point and Tower Terrace Roads. The site is on bus route 30. Currently zoned AG, the property is zoned for C4. The surrounding area includes over 400 multi-family housing units within a 2-mile radius and over 300 single-family dwellings within a 1.5-mile radius in Hiawatha. Robins Landing, a 400-acre development of single-family homes, commercial spaces, and recreational facilities, is located just east on Tower Terrace and Robins Roads. Over 100,000 square feet of commercial buildings are situated on the southwest side of Tower Terrace and Robins Roads, with an entrance/exit off Anchor Road. There is potential for right-in/right-out access off Tower Terrace and left-in/left-out access off N Center Point Road, subject to approval from the City of Hiawatha.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Hair Salon Big Box & Wholesale Store Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hiawatha
    County
    Linn
    State
    Iowa
    Longitude
    -91.690994
    Latitude
    42.05835

    FAQs

    What type of property is this?
    Commercial land - 5.46 acres at a prominent intersection with development potential.
    Where is this commercial land 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: Prime location at the southeast corner of N Center Point & Tower Terrace Roads.; 5.46 acres comprised of 2 parcels with utilities available on site.; Zoned for C4 commercial use, currently AG.
    More about this property
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