Financial
Distress signals
Property profile

123 1st SE St Mason City, IA 50401

OFF-MARKET
Office buildings
Property ID
US25-0498154
9,256 SF 0.32 ac lot Built 1945
Last sale Feb 2020 · $175,000
Individually Owned Owner of record is an individual. 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This remodeled office suite contains 5,720 square feet and includes three private offices, a large open work area suitable for cubicles or shared workstations, and dedicated amenities comprising a kitchen/break area plus three restrooms. The interior is configured to support both private, focused work and collaborative desk-based operations. The building provides off-street parking and the suite is located near downtown shopping for access by employees and visitors. Tenant improvements may be…

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?
$6k
Tax billed · 2022
Assessed value · 2024$348k
Assessed land$63k
Assessed improvement$284k
Effective rate1.77%

Value estimate

· Sep 2026
$180k
$162k – $198k
AI approach$155k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$64/SF
ZIP average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$37 – $94

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency28.1
Dental Office21.3
Restaurant19.8

Location

123 1st SE St Mason City, IA 50401-3901
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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
300 15th NE, Mason City, IA 50401-1222 $110,000 May 2025 12,860 SF
3782 9th SW, Mason City, IA 50401-7351 $573,500 Apr 2025 9,801 SF
13 Federal, Mason City, IA 50401-3250 $200,000 Mar 2025 7,128 SF
825 Taft, Mason City, IA 50401-7345 $387,500 May 2024 10,776 SF
1002 State, Mason City, IA 50401-3600 $750,000 Apr 2024 7,944 SF
122 Federal, Mason City, IA 50401-3227 $200,000 Dec 2022 11,880 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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