Commercial Land at Signalized
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 Market569
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
(319) 378-8760
Listed By:
Molly Iversen · License #S59657
(319) 731-2076
Added: Mar 17, 2025
Changed: Sep 12
Last Checked: Oct 6 at 5:06PM
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 5.46-acre commercial land offering comprises two parcels at the southeast corner of N Center Point Road and Tower Terrace Road in Hiawatha. Utilities are available at the site, and the property is positioned at the city’s first roundabout. The land is currently zoned AG, with C4 zoning also identified in the property information; prospective users should verify applicable zoning and approvals.
The site is one block from the I-380 and Tower Terrace interchange and is served by Route 30. Nearby residential and commercial development includes more than 400 multifamily units within 2 miles, over 300 single-family dwellings within 1.5 miles, and a 400-acre development east of the property. Access is available from Anchor Road, with potential right-in/right-out access from Tower Terrace Road and left-in/left-out access from N Center Point Road subject to City of Hiawatha approval.
The site is one block from the I-380 and Tower Terrace interchange and is served by Route 30. Nearby residential and commercial development includes more than 400 multifamily units within 2 miles, over 300 single-family dwellings within 1.5 miles, and a 400-acre development east of the property. Access is available from Anchor Road, with potential right-in/right-out access from Tower Terrace Road and left-in/left-out access from N Center Point Road subject to City of Hiawatha approval.
Key Highlights
- Two‑parcel commercial land offering totaling 5.46 acres
- Utilities located at the site
- Southeast corner of N Center Point Road and Tower Terrace Road
Property Analytics
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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
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land with on-site utilities and access to a prominent Hiawatha intersection near the I-380 interchange.
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: Two‑parcel commercial land offering totaling 5.46 acres; Utilities located at the site; Southeast corner of N Center Point Road and Tower Terrace Road
