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Property profile & analytics
OFF-MARKET
Estimated value
$19,800,000
Retail space
4151 4th SW St, Mason City, IA 50401-7346
Entity Owned
Free & Clear
Property ID
US25-0493664
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2002
Total area
214,003 SF
Lot
20.89 ac (909,968 SF)
APN
61242800100
UPID
US25-0493664
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
-
SmartStyle Hair Salon Hair Salon
-
Walmart Home Theater Installation Electrical Service General Contractor
-
Walmart Auto Care Centers Auto Repair Shop
-
Coinstar Bank Credit Union
-
Jake's Fireworks Discount Store Party Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$25.45M
Comparable Approach
Comparable
$19.57M
Blend (final)
Blend
$19.80M
Owner & transaction history
WAL-MART REAL EST BUSINESS TRUST
WAL-MART REAL EST BUSINESS TRUST
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$19.1M
+37.2%
Industrial (general)
$16.7M
+20.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mason City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mason City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$27,565,000
6.5%
$25,445,000
7%
$23,625,000
Alternative Use
Use
Estimation
RETAIL STORES
$13,910,000
Current use
RESTAURANT
$19,085,000
Change: +37% · Conversion: Easy
INDUSTRIAL (GENERAL)
$16,710,000
Change: +20% · Conversion: Difficult
OFFICE BUILDING
$13,735,000
Change: -1% · Conversion: Easy
WAREHOUSE, STORAGE
$12,425,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$19.80M
Range $17.82M – $21.78M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$93 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$444,460
Tax year 2022
Assessed value
$14,889,380
Assessed 2024
Previous assessed
$14,889,380
+0.0% YoY
Effective rate
2.99%
On assessed value
Assessed land
$2,072,210
Assessed improvement
$12,817,170
Land market value
$2,072,210
Improvement market value
$12,817,170
Total market value
$14,889,380
Applied tax rate
1,001.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2002
Heating
NONE
Stories
1
Total area
214,003 SF
Lot
20.89 ac (909,968 SF)
APN
61242800100
UPID
US25-0493664
Jurisdiction
CERRO GORDO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$13.9M
RESTAURANT
Est. value
$19.1M
INDUSTRIAL (GENERAL)
Est. value
$16.7M
OFFICE BUILDING
Est. value
$13.7M
WAREHOUSE, STORAGE
Est. value
$12.4M
RETAIL STORES Current
RESTAURANT
INDUSTRIAL (GENERAL)
OFFICE BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Heating
NONE
Stories
1
Lot
20.89 ac
Current owner
From public records · entity-resolved
WAL-MART REAL EST BUSINESS TRUST
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 8050, BENTONVILLE, AR 72712-8055
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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