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Property profile & analytics
OFF-MARKET Estimated value $4,200,000
Warehouses

1755 15th SW St Mason City, IA 50401-5600

42,976 SF 5.19 ac lot Built 2002
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US25-0447009
Property summary
AI-generated overview

This exceptional 12,557 square foot retail space is part of the 76,842 square foot Home Center, a single-story, multi-tenant shopping center built in 1980 and located in Centerville, Ohio, within the Dayton MSA. The property boasts a highly visible and prominent location on Miamisburg-Centerville Road, a major thoroughfare with over 18,000 vehicles passing daily. Its strategic position offers convenient access to I-675, a key commuter route connecting major Dayton suburbs and the thriving downtown area. Benefit from excellent co-tenancy with national retailers including Big Lots, Sam's Club, Whole Foods, and many more. The modern design and high traffic volume create a prime opportunity for businesses seeking strong visibility and a robust customer base. This space offers significant advantages, including monument and pylon signage opportunities, ensuring maximum brand exposure. The property's location within a bustling retail corridor guarantees high foot traffic and easy accessibility for customers. This is a rare opportunity to establish a presence in a thriving retail environment with exceptional visibility and strong neighboring businesses.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2002
Total area 42,976 SF
Lot 5.19 ac (226,076 SF)
APN 71725100400
UPID US25-0447009
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • FedEx Ground Trucking Company
  • Tavo's Carpet & Flooring of Mason City Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.66M
Comparable Approach Comparable
$3.03M
Blend (final) Blend
$4.20M
Owner & transaction history
Hamilton Enterprises Central LLC
Hamilton Enterprises Central LLC
since 2025
Last sale
$5.0M
3 recorded transactions
2025
$5.0M
2017
$5.4M
2012
$210,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $3.8M +53.6%
Industrial (general) $3.4M +34.5%
Retail stores $2.8M +12.0%
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