2471 4th Street SW, Mason City, IA 50401
Freestanding retail building with great visibility and flexible zoning.
- Added:
- Nov 21, 2025
- Days on Market:
- 205
- Last Refresh:
- May 8 at 11:10 pm
Property Features for 2471 4th Street SW
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1988
Listing agent Nora Walsh License #IA #S66842000 (847) 431-6672
Listing office SVN Create (847) 431-6672
Listing date Nov 21, 2025
Source Svn
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HighLights
- Located on Highway 122, Mason City's main east/west thoroughfare.
- High visibility with pylon signage on the primary retail corridor.
- Close proximity to major retailers.
- Dual points of ingress/egress.
- Flexible Zoning.
- Drive‑in door for loading.
Overview
Local Financial Insights For Retail
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 | $48.0k | $12.00 |
| − Vacancy | −$3.8k | −$0.96 |
| EGI | $44.2k | $11.04 |
| − OpEx | −$13.2k | −$3.31 |
| NOI | $30.9k | $7.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Mason City
- County
- Cerro Gordo
- State
- Iowa
- Longitude
- -93.2382
- Latitude
- 43.1475