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Property profile & analytics

745 Tower Terrace Rd Hiawatha, IA 52233

  • Commercial real estate
  • 1.63 lot acres
Value Estimation
Location Intelligence
Property ID
US25-0544687
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 745 Tower Terrace Rd

Lot size
1.63 lot acres
Property type
Commercial real estate
APN
11-29-4-02-005-0-0000
APU
112940200500000

Description

This exceptional 42,000-square-foot industrial property in Hiawatha, Iowa, offers flexible warehouse and flex space options, perfect for a variety of businesses. Built in 2022, this single-story building sits on a 3.31-acre lot and is zoned C-4. The entire 42,000 square feet is currently vacant and available for lease, with a minimum divisible space of 10,000 square feet. The property boasts a 25-foot clear ceiling height, making it ideal for high-volume storage or manufacturing. Each tenant space includes at least one overhead door and one dock door, ensuring efficient loading and unloading. The building is equipped with an ESFR sprinkler system and ample power. Its prime location is less than one mile from the newly opened Tower Terrace Road/I-380 interchange, providing excellent access to major transportation routes. For tenants requiring office space, the landlord is willing to provide a build-out; the office lease rate is $14.95 per square foot, NNN. The property's APN is 112940200500000, located in Linn County. This is a rare opportunity to secure modern, efficient industrial space in a highly desirable location.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Hiawatha
County
Linn
State
Iowa
Longitude
-91.6808
Latitude
42.0582
CBSA code
16300
CBSA name
CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$662
$32,600
$0.00
$32,600
-
$32,600
$0.00
$32,600
More about this property
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