316 FederalMason City, IA 50401

  • Office buildings
  • 10,582 SF
Off market
$5,009,400 Estimated

Property Details for 316 Federal

Year built
1929
Lot size
0.50 AC
Property size (Sq ft)
10,582 SF
Property type
Office buildings
APN
70922800700
APU
70922800700

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,741,914
    6.5%
    $1,607,920
    7%
    $1,493,069
  • Comparable approach

    Method
    Valuation
    Relative Method
    $540,105
    Geo Method
    $540,105
  • Alternative Use

    Use
    Valuation
    Residential
    $1,993,821
    Hospitality
    $1,826,330
    Educational
    $1,519,485
    Medical
    $1,571,742
    Retail
    $2,363,643

Location Insight

City
Mason City
County
Cerro Gordo
State
Iowa
Latitude
43.1551
Longitude
-93.2015
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
$3,792
$99,100
$270,840
$369,940
-
$99,100
$270,840
$369,940

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