Financial
Distress signals
Property profile

22 10Th St SW Mason City, IA 50401

FOR SALE
Other warehouses
Property ID
US25-0695914
26,690 SF 0.62 ac lot Built 1915
Last sale Jul 2022 · $439,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a warehouse building configured for logistics use, featuring a large open warehouse area along with a raised dock storage area and an additional basement area. It includes dedicated office space consisting of two offices and an office lobby with a bathroom. Loading access is provided via docks on both the front and back of the building, supporting semi and railroad-side access and enabling loading from multiple directions.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$3k
Tax billed · 2022
Assessed value · 2024$164k
Assessed land$44k
Assessed improvement$120k
Effective rate1.74%

Value estimate

· Sep 2026
$450k
$405k – $495k
AI approach$745k
Submarket $/SF estimate$675k
NOI build-up
Gross scheduled income$266k
Vacancy & credit loss−$32k
Operating expenses−$82k
NOI · 15,205,600.00% cap applied$152k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$58/SF
ZIP average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$25 – $104

Cap rate analysis

How does the asset earn?
15,205,600.00%
$152k 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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office15.7
Realty agency14.1
HVAC Service11.8

Location

22 10Th St SW 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
20797 Osprey, Mason City, IA 50401-9315 $225,000 Jan 2026 7,300 SF
16478 34th SE, Mason City, IA 50401 $265,000 Jan 2026 10,206 SF
900 15th SW, Mason City, IA 50401-5665 $420,000 Apr 2025 10,800 SF
2510 19th SW, Mason City, IA 50401-6237 $325,000 May 2024 112,320 SF
Mason City, IA 50401 $700,000 Jan 2024 17,056 SF
830 15th SW, Mason City, IA 50401-5609 $200,000 Dec 2023 8,880 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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