1861 Croell Ave Tiffin, IA 52340
This exceptional 24.78-acre parcel in Tiffin, Iowa, presents a remarkable opportunity for multi-family development. Located at 1861 Croell Ave, in Johnson County (zip code 52340), this fully entitled land boasts approved OPD zoning and comprehensive development plans, streamlining the construction process. Its strategic location offers unparalleled accessibility, situated near the intersection of Interstates 380 and 80, ensuring convenient access for residents. The property is advantageously positioned north of Park Place, a thriving 450+ acre mixed-use development within one of Iowa's fastest-growing regions. The surrounding area is rich with recreational amenities, including the recently opened PinSeekers and the soon-to-open Palms Theater & IMAX. Furthermore, the property benefits from its proximity to the Clear Creek Amana School District, serving over 2,975 students, making it an attractive location for families. Offered at $10,900,000, this land presents a compelling investment opportunity with significant potential for substantial returns. The property's prime location, combined with its existing entitlements and the area's robust growth trajectory, makes it an ideal site for a high-demand residential development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.