132 Greenfield Dr Tiffin, IA 52340
Compact industrial condos offering dedicated garage access, gas heat, and in-unit restroom facilities.
Property Features for 132 Greenfield Dr
General Information
- Standard status
- Active
- Size
- 1,560 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2023
Listing office GLD COMMERCIAL (319) 538-7671
Listing date Apr 2, 2026
Source Pinnaclerealtyia
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All listing content including descriptions, pricing, images are the copyrighted material of GLD COMMERCIAL
Investment Insights
Based on property information with market context.
The property is located off I-80 and Ireland Drive/Roberts Ferry Road, providing straightforward regional access for crews, deliveries, and service traffic. While the listing includes photos of a similar property, it describes the available condo features consistently across the units.
These units are a practical fit for small operators that want their own controlled industrial space without committing to a larger standalone facility. The combination of garage-door access, solid ceiling height, and on-site restroom supports day-to-day workflows for warehousing, light industrial use, and other back-of-house activities. Current CAM is noted as $102 per month.
Key Highlights
- New 2023 commercial condos in Tiffin located off I‑80 and Ireland Dr/Roberts Ferry Rd
- 1,560 SF per unit with dedicated garage access
- Each unit has a 12' x 14' garage door and 16' sidewalls
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 |
