2.17 +/- aces. Flexibility meets opportunity. Sherman Square offers multiple development-ready commercial lots in Hiawatha, conveniently located near N Center Point Road and Tower Terrace Road. Just 0.5 miles from the I-380/Tower Terrace interchange, this site features no restrictive covenants, allowing developments to be tailored to current business needs and future expansion, while aligning with developer goals and City standards. Utilities include city sewer and water, natural gas, Linn County REC electric service, and high-speed internet via ImOn. Zoned C-4. Each lot must include on-site stormwater detention via individual detention basins. No access from Tower Terrace, access at 150 south of Tower Terrace on Stamy Drive. Additional lot size options available; contact listing agent to discuss flexibility.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
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Year renovated
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Finished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Ranch
County
Linn County
APN
1129427004 - New Parcel
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Last updated by owner on Feb 2, 2026.
C-4
General Highway Commercial District
The C-4 District is intended primarily to furnish areas served by a wide variety of services. The mix of uses is intended to be extremely broad and more intense than the C-2 or C-3 districts and provide the transition to I-1 and I-2 Districts
Permitted uses
Include but are not limited to:
Automotive repair garage
Bank
Laundromat
General retail
Restaurant
Housing-Group
Warehouse
Hotel / motel
Mixed use building
Office
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 103° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Hiawatha, IA • 52233
Average low and high temperatures (°F)
28
12
36
19
56
34
62
44
73
51
82
64
84
68
81
63
80
57
69
47
49
33
34
19
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
100/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.5 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for Lot 4 Tower Terrace Rd
There isn’t enough information to generate an accurate estimate at this time. Learn More