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    68.45 Acres Tower Terrace Rd Cedar Rapids, IA 52411

    For Sale
    $1,711,250

    68.45 acres of farmland, building site, or development opportunity.

    Lot size:
    68.45 Acres

    Property Features for 68.45 Acres Tower Terrace Rd

    General Information

    Lot size
    68.45 Acres

    Source: SKOGMAN REALTY Agent SKOGMAN REALTY

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    68.45 Acres of Farmland

    This property features 68.45 acres across two parcels of farmland in Linn County, within the 52411 zip code. The land is suitable for a single-family building site, recreational use, or future development. Currently zoned for agricultural use, it is approved for USR 1 Acre Single Family Residential with Outlots. The property is located on the south side of Tower Terrace Road and east of Feather Ridge Pass, conveniently situated minutes from the I380 and Tower Terrace Interchange. The setting offers natural scenery and is currently farmed. A farm lease, tillable acres details, and CSR rating are available. Linn County would allow one single-family residence on the west parcel. Utilities are available at Tower Terrace Road and adjacent parcels, though not stubbed into the land parcel. The parcels may be sold together or separately. The scenic land views include timber, a natural creek, and a rolling hill. Road access is available from Tower Terrace Road. A 2025 LESA report is attached.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.6733777
    Latitude
    42.0593658

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    FAQs

    What type of property is this?
    Agricultural land - 68.45 acres of farmland, building site, or development opportunity.
    Where is this agricultural land located?
    The property is located at 68.45 Acres Tower Terrace Rd Cedar Rapids, IA.
    What is the asking price?
    The asking price for this property is $1,711,250.
    What are key features of this property?
    This property features: - 68.45 acres suitable for farming, single-family building, recreation, or future development.; - Approved for USR 1 Acre Single Family Residential with Outlots.; - Convenient location minutes from I380 and Tower Terrace Interchange.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    68.45 Acres Tower Terrace Rd Cedar Rapids, IA 52411
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