132 Greenfield Drive Unit B Tiffin, IA 52340
New flex/industrial condo unit with a 12' x 14' garage door, 16' sidewalls, and one restroom.
Property Features for 132 Greenfield Drive Unit B
General Information
- Standard status
- Active
- Size
- 1,560 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2023
Listing office DRH Realty Of Iowa, LLC (319) 333-2886
Listing date Apr 2, 2026
Source Pinnaclerealtyia
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All listing content including descriptions, pricing, images are the copyrighted material of DRH Realty Of Iowa, LLC
Investment Insights
Based on property information with market context.
The property is located off I-80 and Ireland Drive/Roberts Ferry Road. The listing notes CAM of $102 per month.
Unit B is offered for sale as part of the new condo development, providing a streamlined, warehouse-ready layout for appropriate industrial users.
Key Highlights
- New 2023 flex/industrial commercial condo unit with 1,560 sq. ft.
- 12' x 14' garage door opening with 16' sidewalls for clear interior height access.
- One restroom per unit.
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 |
