Commercial Land with Right-In/Right-Out
For Sale
$676,269
1175 Tower Terrace Road lot 2, Hiawatha, IA 52233
COMMERCIAL - Hiawatha, IA
Property SizeContact for details
Lot Size2.30 Acres
Days on Market731
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 4
Last Checked: Aug 8 at 5:06PM
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.
Commercial land with a newly reconfigured preliminary plat at the SW corner of Anchor and Tower Terrace Rds. The parcel totals 2.3 acres and includes right in/right out access to Tower Terrace Rd that has been approved by Hiawatha City as part of the preliminary plat process. Proposed driveways would be at the buyer’s expense, and utilities are at the site.
The property is just a block from the new I-380 and the Tower Terrace exchange, and it is on bus Route 30. The land is currently zoned AG, with zoning for C4.
Area context includes over 400 multi-family housing units within a 2-mile range and over 300 single-family dwellings within a 1.5-mile range.
The property is just a block from the new I-380 and the Tower Terrace exchange, and it is on bus Route 30. The land is currently zoned AG, with zoning for C4.
Area context includes over 400 multi-family housing units within a 2-mile range and over 300 single-family dwellings within a 1.5-mile range.
Key Highlights
- 2.3 acres on a newly reconfigured preliminary plat at the SW corner of Anchor and Tower Terrace Rds
- Right in/right out access to Tower Terrace Rd approved by Hiawatha City
- Proposed driveways at buyer expense
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
191
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 - Commercial land with right-in/right-out access to Tower Terrace Rd and utilities on-site; zoned AG and for C4.
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 acres on a newly reconfigured preliminary plat at the SW corner of Anchor and Tower Terrace Rds; Right in/right out access to Tower Terrace Rd approved by Hiawatha City; Proposed driveways at buyer expense
