Property profile

1809 Federal Ave Mason City, IA 50401

OFF-MARKET
Turn key restaurants
Property ID
US25-0641537
2,992 SF 0.59 ac lot Built 1960
Entity Owned 20-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1960
Construction FRAME
Total area 2,992 SF
Lot 0.59 ac (25,788 SF)
APN 71515400100
UPID US25-0641537

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Rehabilitation Center

Location

1809 Federal Ave Mason City, IA 50401-5754
Mason City metro Census 950402 MASON CITY, IA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2006
2 recorded transactions
2006
$140,000
2006
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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