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LOT 2 TOWER TERRACE RoadMarion, IA 52302

Farm/Ranch · 6.70 Acres
$2,188,890 Active

LOT 2 TOWER TERRACE Road Overview

Time on Site:
820 days
Visits:
34

Shovel-ready site located on the Tower Terrace Rd extension near the Linn-Mar campus. This upscale professional park is home to ESCO Group, YMCA, UnityPoint, & other medical and retail users. Price includes a fully developed, level lot with utilities; fiber connectivity is available via IMON. Site size is flexible, with 2 to 6.7 acres available. Preliminary plat is complete; owner will final plat to buyer’s specific lot size. The City’s new comprehensive plan designates the area as “MU–Mixed Use.” This allows for higher-intensity residential development (over 14 units/ac), including stand-alone multifamily or upper-story residential. The commercial component is intended to complement the residential use with services such as medical/dental clinics, personal services, daycare, assisted living, grocery, retail, restaurants, cafes, & more. MU developments evaluated for mobility, layout, & public open space integration.

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LOT 2 TOWER TERRACE Road Facts & Features

  • Type Farm/Ranch
  • Lot 6.70 Acres

Details

General

Location/Region

  • County Or Parish: Linn
  • MLS Area Major: Marion
  • Postal City: Marion

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: LOT 2 TOWER TERRACE RD
  • Property Sub Type: Commercial
  • Property Type: Farm

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 6.7
  • Lot Size Area: 6.7
  • Lot Size Dimensions: 6.7 ACRES
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Public

General Information

  • Sewer: Public Sewer
  • Utilities: Electricity Available,Natural Gas Available

LOT 2 TOWER TERRACE Road Neighborhood

Community

52302 (Marion) Demographics

39
Median Age
562
Population Density (per sq. mile)
51%
College Educated
$74,630
Estimated Median Income
12,712
Estimated Total Home Owners
3,710
Estimated Total Renters
77% / 23%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

LOT 2 TOWER TERRACE Road Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

LOT 2 TOWER TERRACE Road Market Data

Based on the last 30 days in this zip code

$390,295
Average List Price
$173
Average Price per Square Foot
81
Properties Sold
72
Average Days on Market
257
Properties for Sale
Calculations provided by Reliance Network

LOT 2 TOWER TERRACE Road History

Date Event Value Agent
4/28/2026Source: Iowa City MLS Status Change
Active
4/22/2026Source: Iowa City MLS Added to Database
April 22, 2026
4/1/2024Source: Cedar Rapids Area MLS Added to Database
April 01, 2024
Listing provided courtesy of GLD COMMERCIAL- MLS# 2402120MLS Provider