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    Property profile & analytics

    555 Illinois Ave Mason City, IA 50401-4441

    • Banks
    • 1,353 SF
    • 0.36 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Last Sale
    Dec 20, 2022
    Location Intelligence
    Property ID
    US25-0494641
    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.

    Current Use by Public Records

    • Banks

    Property Details for 555 Illinois Ave

    Year built
    1984
    Lot size
    0.36 lot acres
    Property size
    1,353 SF
    Property type
    Banks
    APN
    71140100400
    APU
    71140100400

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mason City
    County
    Cerro Gordo
    State
    Iowa
    Longitude
    -93.1707
    Latitude
    43.1463
    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
    $5,720
    $61,430
    $112,920
    $174,350
    -
    $61,430
    $112,920
    $174,350

    Comparable in this City

    • Value Estimation by Request
      5,340 SF

      1 Delaware Ave

      FINANCIAL BUILDING • 5,340 SF
      1 Delaware Ave, Mason City, IA 50401
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    • Value Estimation by Request
      7,893 SF

      2650 4th SW St

      FINANCIAL BUILDING • 7,893 SF
      2650 4th SW St, Mason City, IA 50401-4651
      View Details
    • Value Estimation
      $350,000
      2,372 SF

      451 Illinois Ave

      FINANCIAL BUILDING • 2,372 SF
      451 Illinois Ave, Mason City, IA 50401-4439
      View Details
    • Value Estimation by Request
      3,068 SF

      2501 4th SW St

      FINANCIAL BUILDING • 3,068 SF
      2501 4th SW St, Mason City, IA 50401-4612
      View Details
    • Value Estimation by Request
      21,764 SF

      25 State St

      FINANCIAL BUILDING • 21,764 SF
      25 State St, Mason City, IA 50401-3219
      View Details
    • Value Estimation
      $205,000
      2,246 SF

      33 State St

      FINANCIAL BUILDING • 2,246 SF
      33 State St, Mason City, IA 50401-3333
      View Details

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    Similar Nearby for Lease

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      Prime Retail Space Available, High Visibility
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    555 Illinois Ave
    Mason City, IA 50401-4441
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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