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1175 Tower Terrace

2.22 - 3.15 Acre Commercial Land Lots Offered at $651,222 - $1,427,026 Per Lot in Hiawatha, IA 52233

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Investment Highlights

High Traffic Corner

Executive Summary

South East corner of N Center Point & Tower Terrace Roads – 2 parcels = 5.46 acres with utilities at the site. Currently zoned AG, future use is C4. Just a block from the new I380 and Tower Terrace interchange that will be completed in the spring of 2023 with the diverging diamond interchange. Hiawatha first Round About at the intersection of N Center Point & Tower Terrace Roads. Entrance/exit off Anchor Rd. Potential for right in/right out off of Tower Terrace with approval from the City of Hiawatha and left in/left out off of N Center Point Rd. On bus route (Route 30), current zoned AG, but is zoned for C4. West side of I380 off Edgewood Rd, massive development of 165 single family homes along with 22 fourplex (140 homes). Robins Landing just east on Tower Terrace & Robins Roads with 400 acre development of single family homes, commercial and recreational components.

Tower Terrance.Center Point Rd Round About 11.20.2020

Future land use map 2036- Rev 11 2019.Hiawatha.IA

Hiawatha Housing Plats.2022

Route 30 - Map - September 8, 2020

Property Facts

Price	$651,222 - $2,970,139	Property Type	Land
Sale Type	Investment or Owner User	Property Subtype	Commercial
No. Lots	3	Total Lot Size	7.67 AC

Price	$651,222 - $2,970,139
Sale Type	Investment or Owner User
No. Lots	3
Property Type	Land
Property Subtype	Commercial
Total Lot Size	7.67 AC

3 Lots Available

Lot

Price	$1,427,026	Lot Size	2.22 AC
Price Per AC	$642,805

Price	$1,427,026
Price Per AC	$642,805
Lot Size	2.22 AC

South East corner of N Center Point & Tower Terrace Roads – 2.22 acres with utilities at the site. Just a block from the new I380 and Tower Terrace interchange that is in full progress on the diverging diamond interchange.

Lot 1

Price	$891,891	Lot Size	3.15 AC
Price Per AC	$283,140

Price	$891,891
Price Per AC	$283,140
Lot Size	3.15 AC

Newly reconfigured preliminary plat at the SE corner of N Center Point and Tower Terrace Rds: 3.15 acres, right in/right out access to Tower Terrace Rd approved by Hiawatha City, preliminary plat. Please see attached or refer to images.

Lot 2

Price	$651,222	Lot Size	2.30 AC
Price Per AC	$283,140

Price	$651,222
Price Per AC	$283,140
Lot Size	2.30 AC

Newly reconfigured preliminary plat at the SW corner of Anchor and Tower Terrace Rds: 2.3 acres, right in/right out access to Tower Terrace Rd approved by Hiawatha City, preliminary plat. Please see attached or refer to images for right in/out access

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