Financial
Distress signals
Property profile

125 1St St SE Mason City, IA 50401

FOR SALE
Turn key restaurants
Property ID
US25-0433404
7,532 SF 0.1 ac lot Built 1910
Last sale Apr 2019 · $135,000
Individually Owned Owner of record is an individual. 7-yr Hold Held for 7 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

The property is a two-story restaurant building located in Mason City, Iowa, within the Central Business District. It contains a commercial kitchen area and related supporting amenities, including kitchen equipment, wash stations, a walk-in freezer, ice machines, and multiple bathrooms. The dining and service areas include tables and chairs, two large bars, and large banquet rooms configured to host events.

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?
$3k
Tax billed · 2022
Assessed value · 2024$188k
Assessed land$19k
Assessed improvement$169k
Effective rate1.57%

Value estimate

· Sep 2026
$230k
$207k – $253k
AI approach$230k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$89/SF
County average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$23 – $149

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

125 1St St SE Mason City, IA 50401
County assessor Recorded deeds · 3 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
152 5th SW, Mason City, IA 50401-3844 $250,000 Feb 2025 12,038 SF
2960 4th SW, Mason City, IA 50401-1531 $600,000 Oct 2024 5,858 SF
207 6th SW, Mason City, IA 50401-5003 $150,000 Jul 2024 3,366 SF
1617 Federal, Mason City, IA 50401-5750 $45,000 Jun 2024 6,514 SF
22 2nd NE, Mason City, IA 50401-3308 $232,000 Jun 2024 3,066 SF
1303 4th SW, Mason City, IA 50401-2735 $28,500 Apr 2024 3,600 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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