Zoned C-4 Development
For Sale
$378,972
Tower Terrace Rd lot 5, Hiawatha, IA 52233
Land/Lot/Farm, Hiawatha, IA
Property SizeContact for details
Lot Size1.45 Acres
Days on Market201
Property Features for Tower Terrace Rd lot 5
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Ag
Lot features
Level
Directions
SE Corner of Tower Terrace & Anchor Dr
Subdivision
Hiawatha/Robins
Standard status
Active
APN
1129427004 - New Parcel
Lot size
1.45 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: Aug 19
Last Checked: Aug 22 at 8:06AM
MLS# 2600761
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 development-ready commercial land lot offers 1.45 +/- acres in Hiawatha, IA. The site is zoned C-4 and includes 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 via individual detention basins.
The location provides convenient access near the I-380/Tower Terrace interchange, approximately 0.5 miles away. Access is not provided from Tower Terrace; instead, access is at 150 south of Tower Terrace on Anchor Drive.
Sherman Square is described as offering multiple commercial lots designed to support development needs and future expansion while aligning with City standards.
The location provides convenient access near the I-380/Tower Terrace interchange, approximately 0.5 miles away. Access is not provided from Tower Terrace; instead, access is at 150 south of Tower Terrace on Anchor Drive.
Sherman Square is described as offering multiple commercial lots designed to support development needs and future expansion while aligning with City standards.
Key Highlights
- 1.45 +/- acre commercial land lot in Sherman Square
- Zoned C‑4
- Approximately 0.5 miles to the I‑380/Tower Terrace interchange
Property Analytics
Property Profile
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Development-ready lot zoned C-4 with city sewer and water, natural gas, electric service, and high-speed internet.
Where is this commercial land located?
The property is located at Tower Terrace Rd lot 5 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 commercial land lot in Sherman Square; Zoned C‑4; Approximately 0.5 miles to the I‑380/Tower Terrace interchange
