Property profile

20966 Monroe St Mason City, IA 50401

FOR SALE
Office buildings
Saved · see the list in your Dashboard
Property ID
US25-0670394
1,024 SF 8.54 ac Built 1978
Last sale May 2019·$65,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$6k
Tax billed · 2022
Assessed value · 2024$303k
Assessed land$78k
Assessed improvement$225k
Effective rate2.04%

Value estimate

· Nov 2026
$305k
$275k – $336k
NOI build-up
Gross scheduled income$190k
Vacancy & credit loss−$15k
Operating expenses−$26k
NOI · 25.90% cap applied$149k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$64/SF
ZIP average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$37 – $94

Cap rate analysis

How does the asset earn?
25.90%
$149k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCERRO GORDO

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop8.5
Storage Facility8.3
Building Supply7.6

Location

20966 Monroe St Mason City, IA 50401
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12 Delaware, Mason City, IA 50401-3304 $225,000 Dec 2025 1,764 SF
2021 4th SW, Mason City, IA 50401-4602 $350,000 May 2025 2,491 SF
209 5th SW, Mason City, IA 50401-3819 $112,500 Jan 2025 1,620 SF
33 1st NE, Mason City, IA 50401-3330 $47,000 Jul 2024 1,080 SF
2401 Taft, Mason City, IA 50401-6231 $2,750,000 Sep 2023 1,141 SF
408 Monroe, Mason City, IA 50401-3829 $385,000 Jan 2023 1,936 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved