Financial
Distress signals
Property profile

1186 Illinois Ave Mason City, IA 50401

OFF-MARKET
Warehouses
Property ID
US25-1057843
7,200 SF 1.13 ac lot Built 2013
Last sale Dec 2022 · $900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$10k
Tax billed · 2022
Assessed value · 2024$436k
Assessed land$64k
Assessed improvement$372k
Effective rate2.35%

Value estimate

· Sep 2026
$915k
$824k – $1.01M
AI approach$915k
CAP approach$1.10M
Submarket $/SF estimate$641k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$58/SF
ZIP average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$25 – $104

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCERRO GORDO

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant22.0
Realty agency20.9
Building Supply20.1

Location

1186 Illinois Ave Mason City, IA 50401
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
20797 Osprey, Mason City, IA 50401-9315 $225,000 Jan 2026 7,300 SF
687 Taft, Mason City, IA 50401-1532 $1,500,000 Jan 2025 5,616 SF
1514 Pierce, Mason City, IA 50401-5622 $125,000 Feb 2024 5,820 SF
830 15th SW, Mason City, IA 50401-5609 $200,000 Dec 2023 8,880 SF
221 5th SW, Mason City, IA 50401-3819 $380,000 Jul 2023 6,000 SF
945 15th SW, Mason City, IA 50401-5621 $300,000 Jun 2023 5,120 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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