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    OFF-MARKET
    Commercial land

    1828 Taft Ave, Mason City, IA 50401-5540

    0.44 ac lot
    Individually Owned 2-yr Hold Absentee Owner Free & Clear
    Property ID
    US25-0353924
    Property summary
    AI-generated overview

    This exceptional 0.44-acre commercial lot presents a remarkable investment opportunity in Mason City, Iowa. Located at 1828 S Taft Ave, this property boasts a highly desirable west side location at the corner of 19th St SW & S Taft Ave, offering unparalleled visibility and accessibility. The lot is zoned Z3, providing a wide range of potential uses for the discerning buyer. Imagine establishing a corner office or store, a comfortable residential home, a practical duplex, a thriving restaurant, a convenient clinic, a nurturing daycare center, or a reliable repair shop – the possibilities are virtually limitless. This expansive lot provides ample space for a variety of commercial or residential ventures, making it an ideal canvas for your next project. The asking price is $38,900, representing exceptional value in this sought-after area of Cerro Gordo County. The property's address is 1828 S Taft Ave, Mason City, IA 50401. Don't miss this chance to acquire a prime piece of real estate with significant development potential. Act quickly, as opportunities like this are rare.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.44 ac (19,123 SF)
    APN 71828702200
    UPID US25-0353924
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Dennis A Firsching · 2 yrs held
    Dennis A Firsching
    since 2024
    Last sale
    $35,000
    3 recorded transactions
    2024
    $30,000
    2023
    $18,000
    2018
    $35,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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