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Property profile & analytics
OFF-MARKET Estimated value $865,000
Retail space

1905 4th SW St Mason City, IA 50401-4601

26,736 SF 2.44 ac lot Built 1968
Entity Owned Absentee Owner Free & Clear
Property ID
US25-0529422
Property summary
AI-generated overview

This exceptional retail storefront opportunity presents a 26,736-square-foot building situated on a 2.44-acre lot in Mason City, Iowa. The property, located at 1905 4th St SW, boasts a prominent location offering excellent visibility and accessibility. Constructed in 1968, the single-story, Class B building is currently occupied by Tractor Supply, INC, and is being offered for sale as a pre-engineered steel structure. The property's zoning is designated as Z4, providing flexibility for potential redevelopment or continued use as a retail space. The large lot size presents an opportunity for expansion, with the possibility of acquiring additional land adjacent to the building. This turnkey investment offers a substantial footprint for a variety of retail or commercial uses, benefiting from its high-traffic location and ample space. The property features one unit and is listed at $1,100,000. The APN is 070840100100. The seller is TSC Industries, INC. This is a rare opportunity to acquire a well-located, established retail property with significant potential.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1968
Total area 26,736 SF
Lot 2.44 ac (106,417 SF)
APN 70840100100
UPID US25-0529422
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
  • Tractor Supply Co. Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$575k
CAP Approach CAP
by Request
Comparable Approach Comparable
$997k
Blend (final) Blend
$865k
Owner & transaction history
Lg Properties LLC
Lg Properties LLC
since 2025
Last sale
$700,000
1 recorded transaction
2025
$700,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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