625 Village Green DrMason City, IA 50401

Property Details for 625 Village Green Dr

Year built

2006

Lot size

2.05 AC

Property size (Sq ft)

6,213 SF

Property type

Office properties

Property subtype

Office buildings

APN

70740201000

APU

70740201000

Description

This exceptional 1,000-square-foot executive office suite is ideally situated at 625 Village Green Dr SW in Mason City, Iowa, zip code 50401. The property offers a single-tenant occupancy, providing privacy and control. The space is currently vacant and ready for immediate occupancy. The lease is a Net, Net, Net (NNN) agreement, with a monthly rate of $10 per square foot. This prime location offers excellent visibility and accessibility, boasting proximity to Menards and a convenient adjacency to the Social Security office. The property is well-suited for a variety of professional businesses seeking a modern and efficient workspace. The landlord is open to assisting with tenant improvements and build-out to customize the space to meet specific business needs. This presents a unique opportunity to secure a high-quality office space in a desirable location at a competitive rate. The property's latitude and longitude coordinates are 43.1457157 and -93.2465745 respectively. Don't miss this chance to establish your business in this thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,022,728

  6.5%

  $944,057

  7%

  $876,624

• Comparable approach

  Method

  Valuation

  Relative Method

  $317,112

  Geo Method

  $317,112

• Alternative Use

  Use

  Valuation

  Residential

  $1,170,630

  Hospitality

  $1,072,291

  Educational

  $892,134

  Medical

  $922,816

  Retail

  $1,387,764

Location Insight

City

Mason City

County

Cerro Gordo

State

Iowa

Latitude

43.1457

Longitude

-93.2464

CBSA code

32380

CBSA name

MASON CITY, IA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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