Commercial Land with Right-In/Right-Out
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 Market746
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 23 at 5:06AM
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.
Commercial land totaling 3.15 acres at the SE corner of N Center Point and Tower Terrace Rds, supported by a newly reconfigured preliminary plat. The site has right-in/right-out access to Tower Terrace Rd that has been approved by Hiawatha City, and utilities are at the site. Proposed driveways are identified as buyer expense, and the driveway from N Center Point Rd to the property is described as a joint expense with CCB Packaging.
The property is described as being just a block from the new I-380 and Tower Terrace exchange, and it is on bus route (Route 30). The land is currently zoned AG, with the information also stating it is zoned for C4.
The surrounding area is described as having substantial residential development nearby, including over 400 multi-family housing units within a 2-mile range and over 300 single-family dwellings within a 1.5-mile range. Robins Landing is noted just east on Tower Terrace & Robins Roads, and over 100,000 SF of commercial buildings is described to the southwest side of Tower Terrace and Robins Rds.
The property is described as being just a block from the new I-380 and Tower Terrace exchange, and it is on bus route (Route 30). The land is currently zoned AG, with the information also stating it is zoned for C4.
The surrounding area is described as having substantial residential development nearby, including over 400 multi-family housing units within a 2-mile range and over 300 single-family dwellings within a 1.5-mile range. Robins Landing is noted just east on Tower Terrace & Robins Roads, and over 100,000 SF of commercial buildings is described to the southwest side of Tower Terrace and Robins Rds.
Key Highlights
- 3.15 acres at the SE corner of N Center Point and Tower Terrace Rds
- Approved right‑in/right‑out access to Tower Terrace Rd by Hiawatha City
- Utilities are at the site
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 - 3.15-acre commercial land with utilities on site and approved right-in/right-out access, zoned for C4.
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 acres at the SE corner of N Center Point and Tower Terrace Rds; Approved right‑in/right‑out access to Tower Terrace Rd by Hiawatha City; Utilities are at the site
