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Zoned Commercial Development Land
For Sale
$926,195

1175 Tower Terrace Road Lot 1, Hiawatha, IA 52233

Reconfigured land parcel with approved right in/right out access and utilities onsite, positioned near major interchange.

Property SizeContact for details
Days on Market739

Property Features for 1175 Tower Terrace Road Lot 1

General Information

Standard status Active
Property subtype Farm

Taxes and HOA fees

Annual Taxes $94

Amenities

Level
Public
3.15
3.15 Acre
Listing Agency: SKOGMAN REALTY COMMERCIAL
Listed By: Melissa Redinbaugh
Source: Pinnaclerealtyia
Added: Aug 8, 2024 Changed: Aug 16 Last Checked: Aug 16 at 3:27AM

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 SKOGMAN REALTY COMMERCIAL

Investment Insights

Based on property information with market context.

This property consists of a newly reconfigured preliminary plat for 3.15 acres at the southeast corner of N Center Point Rd and Tower Terrace Rd. Right in/right out access to Tower Terrace Rd has been approved by Hiawatha City through the preliminary plat process, and utilities are located at the site. The proposed driveways are set to be completed at the buyer’s expense, and the driveway from N Center Point Rd to the property is noted as a joint expense with CCB Packaging. Additional details and images are available for review, and reference is made to MLS #2405499 for a related 2.30-acre listing.

The site is about one block from the new I-380 and Tower Terrace exchange and is on a bus route (Route 30). Current zoning is described as AG, with the property also identified as zoned for C4. Surrounding demand drivers referenced include more than 400 multi-family housing units within a 2-mile range and over 300 single-family dwellings within 1.5 miles, along with the Robins Landing development to the east that includes single-family, commercial, and recreational components.

For buyers seeking a commercially oriented development parcel, the combination of City-approved access, onsite utilities, and C4 zoning supports a range of land-use planning options. Prospective users should review the driveway scope and all preliminary plat details provided, as driveway work is attributed to the buyer’s responsibility.

Key Highlights

  • 3.15‑acre land parcel at the SE corner of N Center Point Rd and Tower Terrace Rd
  • Right in/right out access to Tower Terrace Rd approved by Hiawatha City (preliminary plat)
  • Utilities are at the site; water source is public

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.

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Reconfigured land parcel with approved right in/right out access and utilities onsite, positioned near major interchange.
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‑acre land parcel at the SE corner of N Center Point Rd and Tower Terrace Rd; Right in/right out access to Tower Terrace Rd approved by Hiawatha City (preliminary plat); Utilities are at the site; water source is public
More about this property
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