3 Westgate Business Park, Mason City, IA 50401
This exceptional 1.24-acre agricultural land parcel presents a compelling investment opportunity in the desirable Westgate Business Park, located on the southwest side of Mason City, Iowa. Situated at Lot 3, Westgate Business Park, Mason City, IA 50401 (43.1535728, -93.2010367), this property offers significant potential for various development projects. The asking price is $110,000. The land's prime location on the southwest side of town provides excellent accessibility and visibility. Its agricultural classification opens doors to a range of uses, subject to local zoning regulations. The expansive 1.24 acres provide ample space for creative development plans. This is a rare chance to acquire a strategically positioned parcel in a growing area, making it an attractive prospect for both seasoned investors and those seeking a promising land investment. The property's address is clearly defined as Lot 3 within the Westgate Business Park, ensuring easy identification and access. Prospective buyers are encouraged to conduct their own due diligence regarding zoning and permitted uses. This property is being offered at $110,000 and presents a unique opportunity for development. The zip code is 50401.
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.