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Property profile

707 1st SW St Mason City, IA 50401

OFF-MARKET
Retail space
Property ID
US25-0561523
2,292 SF 0.39 ac lot Built 1964
Last sale Oct 2026 · $74,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A one-story storefront commercial building in Mason City, Iowa, constructed in 1964, offering approximately 2,292 square feet of interior space on a corner parcel exceeding one-third of an acre. The layout includes three showroom areas, a sales counter zone, one office, and a substantial rear storage room, with a partial basement. Flooring consists of carpet and concrete, and exterior finishes include vinyl siding with a shingle roof; the building has forced-air heating and central air.…

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?
$2k
Tax billed · 2022
Assessed value · 2024$132k
Assessed land$45k
Assessed improvement$88k
Effective rate1.73%

Value estimate

· Oct 2026
$225k
$203k – $248k
AI approach$225k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$65/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$23 – $111
Qualifying comparables3

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.2
Dental Office11.7
Convenience Store10.9

Location

707 1st SW St Mason City, IA 50401-2950
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales 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
16 6th SW, Mason City, IA 50401-5002 $50,000 Jan 2025 2,484 SF
22 2nd NE, Mason City, IA 50401-3308 $232,000 Jun 2024 3,066 SF
26 2nd NE, Mason City, IA 50401 $232,000 Jun 2024 3,066 SF
1465 4th SE, Mason City, IA 50401-4437 $28,500 Apr 2024 2,173 SF
418 Federal, Mason City, IA 50401-3802 $28,500 Apr 2024 1,827 SF
610 Monroe, Mason City, IA 50401-5041 $326,025 Jan 2024 2,376 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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