520 Pierce Ave Mason City, IA 50401-2749
Property Lookup
Property profile & analytics
520 Pierce Ave Mason City, IA 50401-2749
- Commercial real estate
- 0.30 lot acres
Property ID
US25-1057405
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Ozonics Hunting / Department Store
- United Way of North Central Iowa / Charitable Organization / Social Service Agency
- Mark Lassise / Physician
- Transamerica Life Insurance Co / Insurance Agency
- Schwarck Agency Lc / Insurance Agency
Property Details for 520 Pierce Ave
- Lot size
- 0.30 lot acres
- Property type
- Commercial real estate
- APN
- 70842601600
- APU
- 70842601600
Description
This exceptional value-add investment opportunity presents a 26,015 square foot, two-story office building situated on a 0.94-acre lot at 520 S Pierce Ave, Mason City, IA 50401. The property, built in 1973, is currently undergoing a revitalization phase following the departure of a long-term tenant. This presents a unique chance for an investor to capitalize on the existing infrastructure and strong tenant base. The building features a multi-tenant occupancy with thirteen current tenants, many of whom have established long-term leases. The property is zoned Z4 and offers significant potential for a new user to occupy approximately 5,000 square feet, creating a substantial investment property. The building itself is exceptionally well-maintained, reflecting a commitment to quality and longevity. This is a prime opportunity to acquire a strategically located office building in Mason City, Iowa, south of MercyOne, with the potential for significant returns on investment. The asking price for this traditional office building is $1,100,000. The lease type is modified, offering flexibility for the new owner. This is a rare chance to acquire a well-positioned asset in a growing market.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Mason City
- County
- Cerro Gordo
- State
- Iowa
- Longitude
- -93.2216
- Latitude
- 43.1471
- CBSA code
- 32380
- CBSA name
- MASON CITY, IA MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$1,368
$42,070
$13,000
$55,070
-
$42,070
$13,000
$55,070
