Zoned C-4 Development
For Sale
$378,972
Lot 5 Tower Terrace Rd, Hiawatha, IA 52233
Development-ready commercial lot with city sewer and water, natural gas, REC electric, high-speed internet, and required on-site stormwater detention.
Property SizeContact for details
Lot Size1.45 Acres
Days on Market33
Property Features for Lot 5 Tower Terrace Rd
General Information
Standard status
Active
Lot size
1.45 Acres
Property subtype
Farm/Ranch
Zoning
C-4
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Listing Agency:
Realty87
(319) 367-8760
Listed By:
Molly Iversen · License #S59657
Source:
Kwlegacyrealty
Added: Jul 21
Changed: Jul 22
Last Checked: Aug 21 at 9:44AM
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.
Lot 5 is a development-ready commercial land parcel totaling 1.45 +/- acres, offered without restrictive covenants. The property is zoned C-4 and is served by city sewer and water, natural gas, Linn County REC electric service, and high-speed internet via ImOn. Each lot must include on-site stormwater detention through individual detention basins.
The site is located near N Center Point Road and Tower Terrace Road, approximately 0.5 miles from the I-380/Tower Terrace interchange. Access is available at Anchor Drive, located 150 south of Tower Terrace, with no access from Tower Terrace.
This offering presents a flexible C-4 lot configuration with utility availability and clear stormwater requirements for planned development.
The site is located near N Center Point Road and Tower Terrace Road, approximately 0.5 miles from the I-380/Tower Terrace interchange. Access is available at Anchor Drive, located 150 south of Tower Terrace, with no access from Tower Terrace.
This offering presents a flexible C-4 lot configuration with utility availability and clear stormwater requirements for planned development.
Key Highlights
- 1.45 +/- acre development‑ready commercial site in Hiawatha (Sherman Square)
- Convenient access near the I‑380/Tower Terrace interchange, about 0.5 miles away
- Zoned C‑4 with no restrictive covenants reported for flexible development
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
212
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 - Development-ready commercial lot with city sewer and water, natural gas, REC electric, high-speed internet, and required on-site stormwater detention.
Where is this commercial land located?
The property is located at Lot 5 Tower Terrace Rd Hiawatha, IA.
What is the asking price?
The asking price for this property is $378,972.
What are key features of this property?
This property features: 1.45 +/- acre development‑ready commercial site in Hiawatha (Sherman Square); Convenient access near the I‑380/Tower Terrace interchange, about 0.5 miles away; Zoned C‑4 with no restrictive covenants reported for flexible development
