Financial
Distress signals
Property profile

625 Village Green Dr SW Mason City, IA 50401

FOR LEASE
Office buildings
Property ID
US25-0694248
6,213 SF 2.05 ac lot Built 2006
Last sale Jun 2005 · $134,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is configured as approximately 1,000 square feet of office space suitable for leasing under a triple-net (NNN) structure. It is located near Menards and adjacent to a Social Security office, with the tenant improvement/buildout potentially supported by the owner.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$19k
Tax billed · 2022
Assessed value · 2024$768k
Assessed land$197k
Assessed improvement$572k
Effective rate2.53%

Value estimate

· Sep 2026
$785k
$707k – $864k
Submarket $/SF estimate$587k
NOI build-up
Gross scheduled income$21k
Vacancy & credit loss−$4k
Operating expenses−$4k
NOI · 1,289,200.00% cap applied$13k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$64/SF
ZIP average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$37 – $94

Cap rate analysis

How does the asset earn?
1,289,200.00%
$13k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.2
Parking Facility11.2
Storage Facility11.0

Location

625 Village Green Dr SW Mason City, IA 50401
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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
13 Federal, Mason City, IA 50401-3250 $200,000 Mar 2025 7,128 SF
1334 18th SW, Mason City, IA 50401-5602 $300,000 Oct 2024 5,377 SF
215 Adams, Mason City, IA 50401-3119 $405,000 Jul 2024 4,690 SF
2007 4th SW, Mason City, IA 50401-4602 $265,000 May 2024 5,296 SF
1002 State, Mason City, IA 50401-3600 $750,000 Apr 2024 7,944 SF
2300 15th SW, Mason City, IA 50401-5630 $400,000 Aug 2023 4,464 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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