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Commercial Land Near Interchange
For Lease
$1,486,485

1175 Tower Terrace Rd, Hiawatha, IA 52233

Two-parcel development site with utilities available and access to a regional roadway network.

Space SizeContact for details
Days on Market51

Property Features for 1175 Tower Terrace Rd

General Information

Standard status Active
Property subtype Commercial
Listing Agency: Realty87
Listed By: Molly Iversen · License #S59657
Source: Q4realestate
Added: Jul 10 Changed: Aug 28 Last Checked: Aug 29 at 5:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty87

Investment Insights

Based on property information with market context.

This commercial land offering comprises two parcels totaling 5.46 acres at the southeast corner of N Center Point Road and Tower Terrace Road in Hiawatha, Iowa. Utilities are located at the site, and the property has an entrance and exit connection from Anchor Road.

The site is approximately one block from the open I380 and Tower Terrace interchange and sits at Hiawatha’s first roundabout. Route 30 bus service serves the area. Nearby residential and commercial development includes more than 400 multifamily housing units within 2 miles, over 300 single-family dwellings within 1.5 miles, and the 400-acre Robins Landing development east of the property. More than 100,000 SF of commercial buildings are located southwest of Tower Terrace and Robins Roads.

Potential access may include right-in/right-out from Tower Terrace Road and left-in/left-out from N Center Point Road, subject to City of Hiawatha approval.

Key Highlights

  • Two parcels totaling 5.46 acres
  • Utilities at the site
  • Approximately one block from the open I380 and Tower Terrace interchange

Property Analytics

Current Use

Commercial land

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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

191
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
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Frequently Asked Questions

What type of property is this?
Commercial land - Two-parcel development site with utilities available and access to a regional roadway network.
Where is this commercial land located?
The property is located at 1175 Tower Terrace Rd Hiawatha, IA.
What is the lease rate?
The lease rate is $1,486,485.
What are key features of this property?
This property features: Two parcels totaling 5.46 acres; Utilities at the site; Approximately one block from the open I380 and Tower Terrace interchange
More about this property
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