551 MarengoTiffin, IA 52340

  • Office properties
  • 5,672 SF
Off market
$43,132,991 Estimated

Property Details for 551 Marengo

Year built
2019
Construction
FRAME
Lot size
57.42 AC
Property size (Sq ft)
5,672 SF
Property type
Office properties
Property subtype
Office buildings
APN
628327004
APU
628327004

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,517,495
    6.5%
    $1,400,765
    7%
    $1,300,710
  • Comparable approach

    Method
    Valuation
    Relative Method
    $442,189
    Geo Method
    $442,189
  • Alternative Use

    Use
    Valuation
    Residential
    $1,736,948
    Hospitality
    $1,591,035
    Educational
    $1,323,723
    Medical
    $1,369,248
    Retail
    $2,059,124
551 Marengo, Tiffin, Iowa

Location Insight

City
Tiffin
County
Johnson
State
Iowa
Latitude
41.7055
Longitude
-91.6735
CBSA code
26980
CBSA name
IOWA CITY, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $35,647,100
  • Tax year
    2023

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