Property profile

321 Main St Tiffin, IA 52340

OFF-MARKET
Self service car washes
Property ID
US25-2440746
2,370 SF 0.19 ac lot Built 2006
Individually Owned 21-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity encompasses a thriving 3-bay car wash and a separately leased 2200 square foot commercial space, currently operating as a restaurant, situated on a 0.59-acre lot at 321 & 331 Main Street, Tiffin, IA. The car wash boasts two manual bays and one fully automated bay, complemented by a dedicated pet wash area. The attached restaurant space offers significant rental income potential, and includes full access to an unfinished basement providing ample storage. This turnkey operation presents a unique blend of established income streams and future growth opportunities. The sale includes the land, buildings, and the car wash business itself

Property profile

Verified
Property type Self service car washes
Use group CAR WASH - SELF-SERVE
Year built 2006
Total area 2,370 SF
Lot 0.19 ac (8,400 SF)
APN 628430004
UPID US25-2440746

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

321 Main St Tiffin, IA 52340-4709
Tiffin metro Census 10303 IOWA CITY, IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2005
1 recorded transaction
2005
$80,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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