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Commercial Land with Approved Access
For Lease
$926,195

1175 Tower Terrace Road Lot 1, Hiawatha, IA 52233

Preliminary-platted commercial land with utilities at the site and approved right-in/right-out access.

Space SizeContact for details
Days on Market53

Property Features for 1175 Tower Terrace Road Lot 1

General Information

Standard status Active
Property subtype Commercial
Listing Agency: Realty87
Listed By: Molly Iversen · License #S59657
Source: Q4realestate
Added: Jul 10 Changed: Aug 30 Last Checked: Aug 30 at 12:54PM

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 3.15-acre commercial land parcel occupies the southeast corner of N Center Point Road and Tower Terrace Road in Hiawatha. A preliminary plat has been reconfigured, and the Hiawatha City-approved access plan provides right-in/right-out movement from Tower Terrace Road. Utilities are located at the site.

The property is approximately one block from the I-380 and Tower Terrace interchange and is served by Route 30 bus service. Proposed driveways would be constructed at the buyer’s expense, while the driveway connection from N Center Point Road is planned as a shared expense with CCB Packaging.

Residential and commercial development surrounds the site, including more than 400 multifamily housing units within 2 miles, over 300 single-family dwellings within 1.5 miles in Hiawatha, the 400-acre Robins Landing development east of the property, and over 100,000 SF of commercial buildings southwest of Tower Terrace and Robins Roads.

Key Highlights

  • 3.15‑acre commercial land parcel at the southeast corner of N Center Point and Tower Terrace Roads
  • Hiawatha City‑approved right‑in/right‑out access from Tower Terrace Road
  • Preliminary plat has been reconfigured for the site

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 - Preliminary-platted commercial land with utilities at the site and approved right-in/right-out access.
Where is this commercial land located?
The property is located at 1175 Tower Terrace Road Lot 1 Hiawatha, IA.
What is the lease rate?
The lease rate is $926,195.
What are key features of this property?
This property features: 3.15‑acre commercial land parcel at the southeast corner of N Center Point and Tower Terrace Roads; Hiawatha City‑approved right‑in/right‑out access from Tower Terrace Road; Preliminary plat has been reconfigured for the site
More about this property
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