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Financial
Distress signals
Property profile

500 Taft Ave Mason City, IA 50401

OFF-MARKET
Turn key restaurants
Property ID
US25-0520030
11,598 SF 1.22 ac lot Built 1968
Last sale Nov 2011 · $380,000
Individually Owned Owner of record is an individual. 14-yr Hold Held for 14 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$16k
Tax billed · 2022
Assessed value · 2024$628k
Assessed land$144k
Assessed improvement$484k
Effective rate2.58%

Value estimate

· Oct 2026
$320k
$288k – $352k
AI approach$320k
Submarket $/SF estimate$496k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$89/SF
County average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$23 – $149

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm14.1
Realty agency13.2
Parking Facility11.2

Location

500 Taft Ave Mason City, IA 50401-1510
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
3377 4th SW, Mason City, IA 50401-1585 $2,964,500 Mar 2025 19,240 SF
152 5th SW, Mason City, IA 50401-3844 $250,000 Feb 2025 12,038 SF
2960 4th SW, Mason City, IA 50401-1531 $600,000 Oct 2024 5,858 SF
207 6th SW, Mason City, IA 50401-5003 $150,000 Jul 2024 3,366 SF
1617 Federal, Mason City, IA 50401-5750 $45,000 Jun 2024 6,514 SF
1303 4th SW, Mason City, IA 50401-2735 $28,500 Apr 2024 3,600 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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