Property profile

1823 Monroe Ave Mason City, IA 50401

OFF-MARKET
Flex space
Property ID
US25-0667662
14,400 SF 3.11 ac lot Built 1976
Entity Owned 16-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1976
Total area 14,400 SF
Lot 3.11 ac (135,472 SF)
APN 71625104600
UPID US25-0667662

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
  • (Bike/Boat/Book/etc) Store Auto Parts Store

Location

1823 Monroe Ave Mason City, IA 50401-5620
Mason City metro Census 950300 MASON CITY, IA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.29M
Comparable Approach Comparable
$1.06M
Blend (final) Blend
$375k

Owner & transaction history

since 2010
1 recorded transaction
2010
$278,000

Zoning & alternative use

Top alternative use upside
Restaurant $1.3M +14.2%

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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