1960 Federal Ave Mason City, IA 50401
This exceptional 99,900 USD commercial land parcel presents a unique investment opportunity in Mason City, Iowa. Located at 1960 S Federal Ave, this vacant lot enjoys a high-visibility position between a McDonald's and a convenience store, ensuring significant foot traffic and brand recognition. The property is zoned Z4 - Multi-Use District, offering considerable flexibility for development. While any new construction will need to adhere to city design standards, this allows for a wide range of potential uses, from retail to light commercial ventures. The strategic location within a DOT Corridor Control area further enhances its appeal. Prospective buyers should be aware that deed restrictions are in place, and it's recommended to review these documents prior to purchase. This property's prime location and multi-use zoning make it an ideal investment for entrepreneurs and developers seeking a high-traffic, easily accessible site in a thriving community. The address is 1960 S Federal Ave, Mason City, IA 50401, within Cerro Gordo County. The coordinates are 43.1329588 latitude and -93.2011315 longitude. This is a rare opportunity to acquire a well-situated commercial lot with significant potential for growth and return on investment. Serious inquiries are encouraged.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.