0 Taft Ave Mason City, IA 50401
This exceptional 20-acre (+/-) parcel presents a remarkable residential development opportunity in Mason City, Iowa. Located on S Taft Ave, in Cerro Gordo County, zip code 50401, this property boasts a highly desirable west side location, adjacent to the established Briarstone development. The land is ideally suited for the construction of either twin homes or single-family residences, offering significant potential for a lucrative project. Utilities are conveniently located in the street, simplifying infrastructure connections and reducing development costs. The asking price for this expansive tract is $225,000. With its prime location, readily available utilities, and approved plans for residential development, this property represents a compelling investment for builders and developers seeking a high-value opportunity in a thriving community. The property's coordinates are 43.1389536 latitude and -93.2405633 longitude. This is a rare chance to acquire a substantial land holding in a sought-after area of Mason City, poised for significant growth and return. The property is classified as residential land and is zoned accordingly. 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
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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.