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Financial
Distress signals
Property profile

497 Indian Head Dr Mason City, IA 50401

FOR LEASE
Strip malls
Property ID
US25-0722289
6,000 SF 0.77 ac lot Built 2003
Last sale Dec 2005 · $325,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
497 Indian Head Dr, Mason City, IA 50401 For Lease
Contact for pricing 2,380 SF available
497 Indian Head Dr, Mason City, IA 50401
View Listing

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?
$23k
Tax billed · 2022
Assessed value · 2024$843k
Assessed land$400k
Assessed improvement$443k
Effective rate2.72%

Value estimate

· Oct 2026
$630k
$567k – $693k
NOI build-up
Gross scheduled income$29k
Vacancy & credit loss−$2k
Operating expenses−$8k
NOI · 204,366.67% cap applied$18k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
204,366.67%
$18k 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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.3
Electrical Service8.8
Watch Repair Shop8.6

Location

497 Indian Head Dr Mason City, IA 50401
County assessor Recorded deeds · 2 transfers 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

3 recorded sales · 18 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
517 Federal, Mason City, IA 50401-3803 $380,000 Apr 2023 5,760 SF
1530 Federal, Mason City, IA 50401-5749 $400,000 Dec 2021 68,696 SF
4109 4th SW, Mason City, IA 50401-7359 $1,128,000 Mar 2021 6,000 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?”
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