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Commercial Land with Approved Access
For Lease
$676,269

1175 Tower Terrace Road Lot 2, Hiawatha, IA 52233

Preliminary plat includes 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 2

General Information

Standard status Active
Property subtype Commercial
Listing Agency: Realty87
Listed By: Molly Iversen · License #S59657
Source: Q4realestate
Added: Jul 10 Changed: Aug 31 Last Checked: Aug 31 at 12:43PM

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 2.3-acre commercial land parcel is part of a newly reconfigured preliminary plat at the southwest corner of Anchor Road and Tower Terrace Road. The site includes utilities and approved right-in/right-out access from Tower Terrace Road, with proposed driveway construction at the buyer’s expense. Current zoning is AG, with C4 zoning identified for the property.

The parcel is approximately one block from the I380 and Tower Terrace interchange and is served by bus Route 30. Surrounding residential and commercial development includes more than 400 multifamily housing units within 2 miles, over 300 single-family dwellings within 1.5 miles, and the 400-acre Robins Landing development east of Tower Terrace and Robins Roads. More than 100,000 SF of commercial buildings are located southwest of Tower Terrace and Robins Roads.

Key Highlights

  • 2.3‑acre commercial land parcel at the southwest corner of Anchor Road and Tower Terrace Road
  • Approved right‑in/right‑out access to Tower Terrace Road
  • Utilities are at 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 plat includes 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 2 Hiawatha, IA.
What is the lease rate?
The lease rate is $676,269.
What are key features of this property?
This property features: 2.3‑acre commercial land parcel at the southwest corner of Anchor Road and Tower Terrace Road; Approved right‑in/right‑out access to Tower Terrace Road; Utilities are at the site
More about this property
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