Financial
Distress signals
Property profile

1755 15th SW St Mason City, IA 50401

OFF-MARKET
Other warehouses
Property ID
US25-0447009
42,976 SF 5.19 ac lot Built 2002
Last sale Oct 2025 · $4,983,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 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 an industrial building of 43,039 square feet located in Mason City, Iowa, on a 5.1-acre lot. It has convenient access to US-18 and is positioned within the broader Mason City area. The building is leased to FedEx Ground under a net lease structure, with lease terms extending through August 2029 and includes two additional five-year option periods. The property is configured to support industrial logistics use, and its ownership obligations are limited under the net lease arrangement.

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?
$60k
Tax billed · 2022
Assessed value · 2024$2.06M
Assessed land$179k
Assessed improvement$1.88M
Effective rate2.90%

Value estimate

· Sep 2026
$4.20M
$3.78M – $4.62M
CAP approach$4.66M
Submarket $/SF estimate$3.03M

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm14.9
Realty agency13.6
HVAC Service11.5

Location

1755 15th SW St Mason City, IA 50401-5600
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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
16478 34th SE, Mason City, IA 50401 $265,000 Jan 2026 10,206 SF
900 15th SW, Mason City, IA 50401-5665 $420,000 Apr 2025 10,800 SF
2510 19th SW, Mason City, IA 50401-6237 $325,000 May 2024 112,320 SF
Mason City, IA 50401 $700,000 Jan 2024 17,056 SF
830 15th SW, Mason City, IA 50401-5609 $200,000 Dec 2023 8,880 SF
3277 9th SW, Mason City, IA 50401-7318 $9,112,000 Oct 2023 154,200 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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