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Property profile & analytics
FOR SALE
Retail space

568 Indian Head Dr Mason City, IA 50401

13,658 SF 1.93 ac lot Built 2005
Entity Owned Absentee Owner Free & Clear
Property ID
US25-0490476
Property summary
AI-generated overview

This exceptional commercial land parcel, located at 568 Indianhead Dr, Mason City, IA 50401, presents a unique investment opportunity. Situated in Cerro Gordo County, this property offers convenient access to major transportation arteries, including Interstate 35 and Highways 18 and 122. Mason City's central Iowa location ensures high visibility and accessibility for businesses, attracting both local residents and regional visitors. The site benefits from attractive financial incentives, making it an even more compelling proposition for developers. The land is fully serviced, simplifying the development process and minimizing upfront costs. Furthermore, the property enjoys a strategic location near existing amenities, including restaurants, hotels, and other retail establishments, creating a synergistic environment for new businesses. This prime location, coupled with the available incentives and infrastructure, makes this parcel ideal for a variety of commercial developments, promising significant return on investment. The property's coordinates are 43.14446 latitude and -93.265283 longitude.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2005
Total area 13,658 SF
Lot 1.93 ac (84,071 SF)
APN 61240200200
UPID US25-0490476
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
  • Petco (Bike/Boat/Book/etc) Store Pet Store
  • fi.d.o (Bike/Boat/Book/etc) Store Pet Store & Service
  • Petco Dog Training Animal Training
  • Petco Grooming Pet Grooming Service
  • Petco Vaccination Clinic Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.63M
Comparable Approach Comparable
$1.52M
Blend (final) Blend
$1.40M
Owner & transaction history
Willow Creek Shopping Center LLC
Willow Creek Shopping Center LLC
since 2025
2 recorded transactions
2025
Price N/A
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.2M +37.2%
Industrial (general) $1.1M +20.1%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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