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Property profile & analytics

1004 Federal Ave Mason City, IA 50401

  • Commercial real estate
  • 2,688 SF
  • 0.16 lot acres
OFF-MARKET
Last Sale
Nov 03, 2022
$399,110
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US25-0587852
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 1004 Federal Ave

Year built
1957
Lot size
0.16 lot acres
Property size
2,688 SF
Property type
Commercial real estate
APN
70442901500
APU
70442901500

Description

This 7,872 square foot freestanding retail building, located at 1004 S Federal Ave in Mason City, Iowa, presents a unique investment opportunity. Built in 1965, the property offers excellent visibility from a major north/south artery in the city, ensuring high traffic exposure for a single tenant. The building's single-tenant occupancy provides a streamlined management experience. Situated in Cerro Gordo County, this property is ideal for a variety of retail uses, particularly given its former life as an auto parts store. The building's substantial size provides ample space for a wide range of retail operations. The address is 1004 S Federal Ave, Mason City, IA 50401. This property is available for both sale and lease, offering flexibility to potential buyers and tenants. The building's location within Mason City provides access to a well-established customer base and strong local economy. Interested parties are encouraged to explore the potential this prime retail space offers. The property's age provides an opportunity for renovation and customization to suit a specific tenant's needs. This is a rare opportunity to acquire a substantial freestanding retail building in a desirable location. The property's size and visibility make it an attractive option for businesses seeking to establish a strong presence in the Mason City market.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Mason City
County
Cerro Gordo
State
Iowa
Longitude
-93.2014
Latitude
43.1615
CBSA code
32380
CBSA name
MASON CITY, IA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$1,022
$22,520
$37,480
$60,000
-
$22,520
$37,480
$60,000
More about this property
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