132 Greenfield Dr, Tiffin, IA 52340
- Added:
- Apr 2, 2026
- Days on Market:
- 92
- Last Refresh:
- Jul 2 at 10:06 am
Property Features for 132 Greenfield Dr
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- M2
- Standard status
- Active
- APN
- 0633458002
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 5772
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
- New 2023 construction commercial condos in Tiffin, located off I‑80 and Ireland Drive/Roberts Ferry Road
- Each unit offers 1,560 sq. ft. with 1 restroom per unit
- 12' x 14' garage door openings with 16' sidewalls per unit
- Metal roof; frame construction and concrete flooring
- Natural gas heating with gas heaters
- CAM is $102 per month
Overview
The property is zoned M2. A single unit footprint is listed as 0.0358 acres for the overall site information provided, with CAM noted at $102 per month. Some photos shown are of a similar property.
These units are well suited for buyers looking for standalone industrial space in a condo format, with direct drive-in access via the garage door and basic interior buildout that includes a restroom. The combination of warehouse clear height, gas heat, and limited shared expense (CAM as provided) supports a practical range of small-to-mid sized industrial and flex users, subject to M2 zoning requirements and lease or operating needs at the time of purchase.
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
- -91.663375
- Latitude
- 41.689899
