Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    19 9th NE St Mason City, IA 50401-7035
    Back to Search
    Property profile & analytics

    19 9th NE St, Mason City, IA 50401-7035

    View on Map
    • Warehouses
    • 1,500 SF
    • 0.02 lot acres
    Off-Market
    Last Sale Apr 15, 2021
    Property ID
    US25-0734023
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 19 9th NE St

    Year built
    1924
    Lot size
    0.02 lot acres
    Property type
    Warehouses
    APN
    70335101900
    APU
    70335101900

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 21, 2022 $15,000 Tirrell M Hopkins Iat 79 LLC Warranty Deed —
    Apr 15, 2021 — Iat 79 LLC Hull Holdings LLC Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Mason City
    County
    Cerro Gordo
    State
    Iowa
    Longitude
    -93.2001
    Latitude
    43.1597
    CBSA code
    32380
    CBSA name
    MASON CITY, IA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $214
    $2,600
    $10,760
    $13,360
    -
    $2,600
    $10,760
    $13,360

    Comparable in this City

    • Value Estimation by Request
      1,800 SF

      100 1st NE St

      WAREHOUSE, STORAGE
      100 1st NE St, Mason City, IA 50401-3302
      View Details
    • Value Estimation
      $1,635,000
      15,600 SF

      16682 245th St

      WAREHOUSE, STORAGE
      16682 245th St, Mason City, IA 50401-8937
      View Details
    • Value Estimation by Request
      192 SF

      14300 300th Ct

      WAREHOUSE, STORAGE
      14300 300th Ct, Mason City, IA 50401-9409
      View Details
    • Value Estimation
      $870,000
      8,320 SF

      2101 15th SW St

      WAREHOUSE, STORAGE
      2101 15th SW St, Mason City, IA 50401-5676
      View Details
    • Value Estimation by Request
      1,020 SF

      17th NE St

      WAREHOUSE, STORAGE
      17th NE St, Mason City, IA 50401
      View Details
    • Value Estimation
      $1,510,000
      14,400 SF

      1600 12th NE St

      WAREHOUSE, STORAGE
      1600 12th NE St, Mason City, IA 50401-2543
      View Details

    Similar Nearby for Sale

    • $650,000
      1.41 Acres

      Mason City Warehouse - $650K

      Prime IA Warehouse, 2964 SF, 1.41 Acres
      510 Village Green Dr, Mason City, IA 50401
      View Details
    • Contact for pricing

      Mixed-Use Shop and Storage

      Mixed-use property featuring heated shop/office and cold storage.
      20 N Kentucky Ave, Mason City, IA 50401
      View Details
    • Contact for pricing
      6,000 SF

      Retail and Warehouse Space Available

      6000 sq ft retail and warehouse space for sale.
      21-23 5Th St SW, Mason City, IA 50401
      View Details
    • Contact for pricing
      8,000 SF

      Industrial Site with Rail Access

      10-acre site with 8,000 SF flex/warehouse building.
      2302 S Pierce Ave, Mason City, IA 50401
      View Details
    • $298,000
      6,000 SF

      Retail and Warehouse Space Available

      6000 sq ft retail and warehouse space for sale.
      21-23 5Th St SW, Mason City, IA 50401
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      High Bulk Warehouse For Rent

      Warehouse with conveyor sortation and ample parking, near I-35.
      2400 19Th St Southwest, Mason City, IA 50401
      View Details
    • Contact for pricing

      Modern Office Space Available

      Updated office space with wellness center and ample parking.
      111 W State St, Mason City, IA 50401
      View Details
    • $1,500 /Mo

      Downtown Mason City Office Space

      Prime office space in downtown Mason City with excellent visibility.
      202 1St St SE, Mason City, IA 50401
      View Details
    • Contact for pricing

      Professional Office Space For Rent

      Office space in Mason City's town square, near amenities.
      10 N Washington Ave, Mason City, IA 50401
      View Details
    • $9 SF/Yr
      2,786 SF

      Retail Space in Mason City

      Retail space for lease on Wal-Mart Supercenter outlot.
      451- Indian Head Dr, Mason City, IA 50401
      View Details
    • Contact for pricing
      2,380 SF

      Retail Space in Mason City

      Retail spaces available for lease near Wal-Mart Supercenter.
      497 Indian Head Dr, Mason City, IA 50401
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    19 9th NE St
    Mason City, IA 50401-7035
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    19 9th NE St, Mason City, IA, 50401
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!