Commercial Land with Approved
For Sale
$676,269
1175 Tower Terrace Road lot 2, Hiawatha, IA 52233
Land/Lot/Farm, Hiawatha, IA
Property SizeContact for details
Lot Size2.30 Acres
Days on Market756
Property Features for 1175 Tower Terrace Road lot 2
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Res
Lot features
Level
Directions
SW corner of Tower Terrace & Anchor Roads
Subdivision
Hiawatha/Robins
Standard status
Active
APN
112930101100000
Lot size
2.30 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
150
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: Sep 2 at 10:06PM
MLS# 2405499
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 2.3-acre commercial land parcel occupies the southwest corner of Anchor Road and Tower Terrace Road in Hiawatha. A preliminary plat has been prepared, and the City of Hiawatha has approved right-in/right-out access onto Tower Terrace Road. Proposed driveways remain the buyer’s responsibility, while utilities are located at the site.
The property is approximately one block from the I-380 and Tower Terrace interchange and is served by bus Route 30. Surrounding residential and commercial development includes more than 400 multifamily housing units within 2 miles, over 300 single-family dwellings within 1.5 miles, and more than 100,000 square feet of commercial buildings near Tower Terrace and Robins Roads.
The property is approximately one block from the I-380 and Tower Terrace interchange and is served by bus Route 30. Surrounding residential and commercial development includes more than 400 multifamily housing units within 2 miles, over 300 single-family dwellings within 1.5 miles, and more than 100,000 square feet of commercial buildings near Tower Terrace and Robins Roads.
Key Highlights
- 2.3‑acre commercial land parcel at the southwest corner of Anchor Road and Tower Terrace Road
- Right‑in/right‑out access to Tower Terrace Road approved by the City of Hiawatha
- Preliminary plat prepared for the site
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
163
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, on-site utilities, and planned driveway connections support commercial site planning.
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 commercial land parcel at the southwest corner of Anchor Road and Tower Terrace Road; Right‑in/right‑out access to Tower Terrace Road approved by the City of Hiawatha; Preliminary plat prepared for the site
