132 Greenfield Drive Unit E, Tiffin, IA 52340
Modern industrial condo units featuring a 12' x 14' garage door and private restroom for practical storage or light industrial use.
- Added:
- Apr 2, 2026
- Days on Market:
- 92
- Last Refresh:
- Jul 1 at 2:29 am
Property Features for 132 Greenfield Drive Unit E
General Information
- Standard status
- Active
- Size
- 1,560 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2023
Listing office Structure Real Estate (319) 981-2889
Listing date Apr 2, 2026
Source Pinnaclerealtyia
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All listing content including descriptions, pricing, images are the copyrighted material of Structure Real Estate
HighLights
- New 1,560 SF commercial condo units for sale in Tiffin near I‑80 and Ireland Drive/Roberts Ferry Road
- Each unit features a 12' x 14' garage door with 16' sidewalls
- 1 restroom per unit
- Gas heater(s) and concrete flooring
- Public water source
- CAM is $102 per month
Overview
The property is located off I-80 and Ireland Drive/Roberts Ferry Road in Tiffin. Units are offered as individual commercial condos, allowing buyers to purchase a defined space within the overall development. Common area maintenance is noted at $102 per month.
These units are well suited for buyers seeking a small, self-contained industrial footprint with roll-up style access. The combination of garage door loading and defined condo configuration supports uses such as storage and light industrial operations that benefit from direct drive-in access. Restroom service and gas heat help make the space workable for day-to-day activity.
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
- -91.6682364
- Latitude
- 41.687626
