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Property profile & analytics
OFF-MARKET
Land

0 Taft Ave Mason City, IA 50401

20 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 20 ac (871,200 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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