Commercial Development
For Sale
$493,970
Tower Terrace Rd lot 4, Hiawatha, IA 52233
Land/Lot/Farm, Hiawatha, IA
Property SizeContact for details
Lot Size1.89 Acres
Days on Market246
Property Features for Tower Terrace Rd lot 4
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Ag
Lot features
Level
Directions
SE Corner of Tower Terrace & Stamy
Subdivision
Hiawatha/Robins
Standard status
Active
APN
1129427004 - New Parcel
Lot size
1.89 Acres
Taxes and HOA fees
Tax Description
TBD - New parcel
Tax Annual Amount
400
Legal Description
TBD - New parcel
Listing Agency:
Realty87 · Coldwell Banker Real Estate
(319) 378-8760
Listed By:
Molly Iversen · License #S59657
(319) 731-2076
Added: Feb 2
Changed: Sep 21
Last Checked: Oct 6 at 5:06PM
MLS# 2600760
Copyright © 2026 Cedar Rapids Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1.89-acre commercial land parcel is zoned C-4 and is positioned for development within Sherman Square. Available infrastructure includes city sewer and water, natural gas, Linn County REC electric service, and high-speed internet from ImOn. Development plans must provide on-site stormwater detention through individual detention basins.
The property is near N Center Point Road and Tower Terrace Road, approximately 0.5 miles from the I-380/Tower Terrace interchange. Vehicle access is provided from Stamy Drive, 150 south of Tower Terrace; Tower Terrace itself does not provide access. The site has no restrictive covenants, and additional lot size options are available.
The property is near N Center Point Road and Tower Terrace Road, approximately 0.5 miles from the I-380/Tower Terrace interchange. Vehicle access is provided from Stamy Drive, 150 south of Tower Terrace; Tower Terrace itself does not provide access. The site has no restrictive covenants, and additional lot size options are available.
Key Highlights
- 1.89 acres of commercial land
- C‑4 zoning
- Approximately 0.5 miles from the I‑380/Tower Terrace interchange
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
135
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
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Frequently Asked Questions
What type of property is this?
Commercial land - C-4-zoned commercial land with city utilities and access from Stamy Drive.
Where is this commercial land located?
The property is located at Tower Terrace Rd lot 4 Hiawatha, IA.
What is the asking price?
The asking price for this property is $493,970.
What are key features of this property?
This property features: 1.89 acres of commercial land; C‑4 zoning; Approximately 0.5 miles from the I‑380/Tower Terrace interchange
