C-4 Commercial
For Lease
$378,972
Lot 5 Tower Terrace Rd, Hiawatha, IA 52233
Development-ready acreage with full utility service and flexible commercial use under C-4 zoning.
Space SizeContact for details
Days on Market53
Property Features for Lot 5 Tower Terrace Rd
General Information
Standard status
Active
Property subtype
Commercial
Listing Agency:
Realty87
(319) 367-8760
Listed By:
Molly Iversen · License #S59657
Source:
Q4realestate
Added: Jul 10
Changed: Aug 30
Last Checked: Aug 31 at 12:39PM
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 approximately 1.45-acre commercial land parcel is designated C-4 and positioned for commercial development. The site is served by city water and sewer, natural gas, Linn County REC electric service, and ImOn high-speed internet. Individual on-site stormwater detention basins are required.
The property is in Hiawatha near N Center Point Road and Tower Terrace Road, approximately 0.5 miles from the I-380/Tower Terrace interchange. Direct access from Tower Terrace is not available; ingress is provided from Anchor Drive, 150 feet south of Tower Terrace. The parcel is part of Sherman Square, where development must align with applicable City standards.
The property is in Hiawatha near N Center Point Road and Tower Terrace Road, approximately 0.5 miles from the I-380/Tower Terrace interchange. Direct access from Tower Terrace is not available; ingress is provided from Anchor Drive, 150 feet south of Tower Terrace. The parcel is part of Sherman Square, where development must align with applicable City standards.
Key Highlights
- Approximately 1.45 acres of C‑4 commercial land
- 0.5 miles from the I‑380/Tower Terrace interchange
- Utilities include city sewer and water, natural gas, Linn County REC electric service, and ImOn high‑speed internet
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
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 acreage with full utility service and flexible commercial use under C-4 zoning.
Where is this commercial land located?
The property is located at Lot 5 Tower Terrace Rd Hiawatha, IA.
What is the lease rate?
The lease rate is $378,972.
What are key features of this property?
This property features: Approximately 1.45 acres of C‑4 commercial land; 0.5 miles from the I‑380/Tower Terrace interchange; Utilities include city sewer and water, natural gas, Linn County REC electric service, and ImOn high‑speed internet
