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Property profile & analytics
FOR LEASE
Strip malls

2261 4Th St SW Mason City, IA 50401

5,184 SF 1.08 ac lot Built 2013
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-0610241
Property summary
AI-generated overview

This exceptional retail property, located at 2261 4th St SW in Mason City, Iowa, offers 2,975 square feet of versatile space ideal for a variety of restaurant concepts or similar businesses. Situated on a main corridor, this single-story building enjoys excellent visibility and accessibility, boasting direct access from the frontage road leading to 4th Street SW (US Highway 218) and Briarstone Drive. The property is located in Cerro Gordo County, zip code 50401, and benefits from high traffic counts due to its strategic location. The building consists of one structure with a total of 2,975 square feet currently available for lease. This presents a unique opportunity for businesses seeking a prominent location with high visibility and convenient access for customers. The space is suitable for multiple tenants, offering flexibility for businesses of varying sizes. This is a single-story building, making it easily navigable and accessible. The property's location on a major thoroughfare ensures significant exposure to potential customers. Serious inquiries are encouraged to explore this outstanding opportunity to establish or expand a business in a thriving Mason City location.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2013
Total area 5,184 SF
Lot 1.08 ac (47,045 SF)
APN 70832600200
UPID US25-0610241
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
  • All About Eyes - Mason City Physician
  • Augustin Eye Care, PLC Physician
  • Dr. Thomas Augustin Physician
  • Pancheros Mexican Grill - Mason City Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$580k
Owner & transaction history
Mmc Properties LLC · 8 yrs held
Mmc Properties LLC
since 2018
3 recorded transactions
2018
$350,000
2013
$266,750
2012
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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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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