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Financial
Distress signals
Property profile

615 Federal Ave Mason City, IA 50401

OFF-MARKET
Gas stations
Property ID
US25-0693005
1,680 SF 0.63 ac lot Built 1969
Last sale Jul 2025 · $200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 8,461-square-foot retail property, located at 615 N Federal Ave in Mason City, Iowa, presents a compelling investment opportunity. Currently configured as an auto shop, the building offers significant versatility and potential for various uses. Constructed in phases (1969 and 1976), the property sits on a 0.63-acre lot, providing ample parking and space for operations. The building features six overhead doors, ideal for vehicle access and storage, along with two restrooms and…

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?
$3k
Tax billed · 2022
Assessed value · 2024$175k
Assessed land$80k
Assessed improvement$96k
Effective rate1.68%

Value estimate

· Oct 2026
$220k
$198k – $242k
AI approach$220k

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?

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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office14.3
Realty agency10.8
Bakery10.4

Location

615 Federal Ave Mason City, IA 50401-7019
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

18 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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