2505 S Federal Suite 4 Mason City, IA 50401
COMMERCIAL - MASON CITY, IA
Property Features for 2505 S Federal Suite 4
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Z4 - Multi-Use District
- Standard status
- Active
Taxes and HOA fees
- Tax Description
- Long
Building Details
- Building materials
- Metal
- Architectural style
- Other
Listing agent ZELDA ELWOOD (641) 424-3005
Listing office EXIT REALTY MASON CITY 2401 S FEDERAL, Mason City, IA (641) 424-3005
Listing date Jul 1, 2024
Copyright © 2026 Greater Mason City Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located at 2505 S Federal, Suite 4, in Mason City, Iowa (50401). It is listed under Z4 - Multi-Use District zoning, supporting a flexible approach to how the space may be operated.
With individual power distribution and direct vehicle access via the garage door, these suites are well suited for businesses or operators looking for self-contained storage or workspace that can be finished according to their specific needs. The standalone suite configuration can also be helpful for users who prefer dedicated electrical service within their unit rather than shared setups.
Key Highlights
- Customizable 30 X 50 "vanilla box" unit allowing for personalized design and use.
- Each unit has its own 200 amp electrical panel, 6 lights, and 6 outlets.
- Features a 14' garage door and a walk‑in door.
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 | $13.5k | $9.00 |
| − Vacancy | −$1.1k | −$0.72 |
| EGI | $12.4k | $8.28 |
| − OpEx | −$1.9k | −$1.24 |
| NOI | $10.6k | $7.04 |