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For Sale

Tower Terrace Rd Lots

Tower Terrace Rd,
Marion, IA 52302

Asset Snapshot

11.60 Acres
Land Area

Offering Summary

Investment Overview

Shovel-ready site in an upscale professional park that is home to ESCO Group, YMCA, UnityPoint, and 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 a 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/acre), including stand-alone multifamily or upper-story residential. The commercial component is intended to complement the residential use with services such as medical or dental clinics, personal services, daycare, assisted living, grocery, retail, restaurants, cafes, and more. Mixed-use developments will be evaluated for mobility, layout, and public open space integration.


Investment Highlights

  • Shovel ready site with flexible lot sizes
  • MU - Mixed Use zoning on the future land use map

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