Commercial Land with Approved
For Sale
$926,195
1175 Tower Terrace Road lot 1, Hiawatha, IA 52233
Land/Lot/Farm, Hiawatha, IA
Property SizeContact for details
Lot Size3.15 Acres
Days on Market754
Property Features for 1175 Tower Terrace Road lot 1
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Res
Lot features
Level
Directions
SE corner of N Center Point and Tower Terrace Roads
Subdivision
Hiawatha/Robins
Standard status
Active
APN
112930100200000
Lot size
3.15 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
94
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
(319) 378-8760
Listed By:
Molly Iversen · License #S59657
(319) 731-2076
Added: Aug 8, 2024
Changed: Aug 19
Last Checked: Aug 31 at 9:06AM
MLS# 2405500
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 3.15-acre commercial land parcel occupies the southeast corner of N Center Point Road and Tower Terrace Road in Hiawatha. A preliminary plat has been reconfigured for the site, and the City of Hiawatha has approved right-in/right-out access onto Tower Terrace Road. Utilities are located at the property. Proposed driveway construction would be handled at the buyer’s expense, while the connection from N Center Point Road would be a shared expense with CCB Packaging.
The parcel is approximately one block from the I-380 and Tower Terrace interchange and is served by Route 30 bus service. Surrounding residential context includes more than 400 multifamily units within 2 miles and over 300 single-family homes within 1.5 miles. Robins Landing, a 400-acre mixed residential, commercial, and recreational development, is located east along Tower Terrace and Robins Roads. More than 100,000 square feet of commercial buildings are positioned southwest of Tower Terrace and Robins Roads.
The parcel is approximately one block from the I-380 and Tower Terrace interchange and is served by Route 30 bus service. Surrounding residential context includes more than 400 multifamily units within 2 miles and over 300 single-family homes within 1.5 miles. Robins Landing, a 400-acre mixed residential, commercial, and recreational development, is located east along Tower Terrace and Robins Roads. More than 100,000 square feet of commercial buildings are positioned southwest of Tower Terrace and Robins Roads.
Key Highlights
- 3.15‑acre commercial land parcel at the southeast corner of N Center Point Road and Tower Terrace Road
- Right‑in/right‑out access to Tower Terrace Road approved by the City of Hiawatha
- Preliminary plat reconfigured for the property
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
135
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Preliminary plat and on-site utilities support a commercial land opportunity at a major Hiawatha roadway intersection.
Where is this commercial land located?
The property is located at 1175 Tower Terrace Road lot 1 Hiawatha, IA.
What is the asking price?
The asking price for this property is $926,195.
What are key features of this property?
This property features: 3.15‑acre commercial land parcel at the southeast corner of N Center Point Road and Tower Terrace Road; Right‑in/right‑out access to Tower Terrace Road approved by the City of Hiawatha; Preliminary plat reconfigured for the property
