128 Greenfield Dr, Tiffin, IA 52340
- Added:
- Apr 2, 2026
- Days on Market:
- 92
- Last Refresh:
- Jul 2 at 10:06 am
Property Features for 128 Greenfield Dr
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- M2
- Standard status
- Active
- APN
- 0633458019
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 944
Utilities
- Heating system
- Natural Gas
Building Details
- Year built
- 2023
- Flooring type
- Concrete
- Building materials
- Frame
- Roof type
- Metal
Listing agent Karla Davis (319) 981-0890
Listing office GATEWAY ACCESS REALTY 1295 JORDAN ST, SUITE #1 PO BOX 858, North Liberty, IA (319) 665-4300
Listing date Apr 2, 2026
Copyright © 2026 Iowa City Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Immediate possession available—new commercial condo in Tiffin
- 1,560 SF unit with drive‑through access and two 12' x 14' garage doors
- 16' sidewalls and metal roof
- Gas heating with 1 restroom per unit
- CAM is $102 per month
Overview
The condos are located off I-80 and Ireland Drive/Roberts Ferry Road in Tiffin, in Johnson County. The unit is 1,560 square feet, and CAM is listed at $102 per month.
This configuration is well suited for tenants or owner-operators needing convenient drive-through circulation and garage-door loading within an M2 industrial setting. Two overhead doors and the drive-through access can help support day-to-day receiving, service, or light industrial use, while the 16' sidewalls provide additional height for equipment and storage needs. One restroom and on-site heating are already in place for operational practicality.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.0k | $9.60 |
| − Vacancy | −$674 | −$0.43 |
| EGI | $14.3k | $9.17 |
| − OpEx | −$2.1k | −$1.38 |
| NOI | $12.2k | $7.79 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Tiffin
- County
- Johnson
- State
- Iowa
- Longitude
- -91.663858
- Latitude
- 41.689884
