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Commercial Land with Approved Access
For Sale
$676,269

1175 Tower Terrace Road Lot 2, Hiawatha, IA 52233

A preliminary-platted parcel offers utilities at the site and approved right-in/right-out access from Tower Terrace Road.

Property SizeContact for details
Days on Market15

Property Features for 1175 Tower Terrace Road Lot 2

General Information

Standard status Active
Property subtype Farm
Zoning Res

Taxes and HOA fees

Annual Taxes $150

Amenities

Level
Public
2.3
2.3 Acres
Listing Agency: Teri Graf Real Estate Team
Listed By: Teri Graf
Source: Terigraf
Added: Oct 16 Changed: Oct 29 Last Checked: Oct 29 at 2:35PM

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 Teri Graf Real Estate Team

Rey
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Investment Insights

Based on property information with market context.

This 2.3-acre commercial land parcel is at the southwest corner of Anchor Road and Tower Terrace Road. Its preliminary plat includes city-approved right-in/right-out access from Tower Terrace Road. Utilities are at the site; proposed driveways would be installed at the buyer’s expense.

The property is one block from the I-380 and Tower Terrace interchange and is served by bus Route 30. Nearby residential and commercial development includes more than 400 multifamily units within two miles, over 300 single-family homes within 1.5 miles, and over 100,000 SF of commercial buildings southwest of Tower Terrace and Robins Roads. Robins Landing, a 400-acre mixed-use residential, commercial, and recreational development, is east of the site.

Key Highlights

  • 2.3‑acre parcel at the southwest corner of Anchor Road and Tower Terrace Road
  • City‑approved right‑in/right‑out access from Tower Terrace Road in the preliminary plat
  • Utilities are at the site; proposed driveways are at the buyer’s expense

Property Analytics

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Open Analytics

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nail Salon Carpet & Flooring Store HVAC Service Electrical Service Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - A preliminary-platted parcel offers utilities at the site and approved right-in/right-out access from Tower Terrace Road.
Where is this commercial land located?
The property is located at 1175 Tower Terrace Road Lot 2 Hiawatha, IA.
What is the asking price?
The asking price for this property is $676,269.
What are key features of this property?
This property features: 2.3‑acre parcel at the southwest corner of Anchor Road and Tower Terrace Road; City‑approved right‑in/right‑out access from Tower Terrace Road in the preliminary plat; Utilities are at the site; proposed driveways are at the buyer’s expense
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