Lot 5 Tower Terrace Rd Hiawatha, IA 52233

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Listed by Molly Iversen · License #S59657

Source Kwlegacyrealty

Added: Jul 21 Updated: Jul 22 at 5:08AM Checked: Jul 22 at 5:08AM

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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.

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

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FAQs

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