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Investment Highlights

  • Beautiful 7 acre pond
  • Lays out perfect for future development of an RV Park or Residential housing.
  • Located in the Heart of Mason City-Restaurants, gas station/conveinance stores, Hospital, big box stores.
  • Additional recreational activities within minutes, available at Big Blue Lake.

Executive Summary

This 31+ acre development parcel in Mason City presents a rare opportunity to acquire a large-scale site anchored by a 7-acre stocked pond reaching depths of approximately 48 feet. Located within city limits and adjacent to Big Blue Lake, the property offers a distinctive combination of waterfront character, development flexibility, and access to established retail, healthcare, educational, and recreational amenities. The site is positioned for a variety of development concepts, including a master-planned residential community, RV resort, or other mixed-use vision supported by existing city infrastructure and convenient access throughout the region.
The property's natural water features create a unique setting that is difficult to replicate within an urban environment. Planned development concepts include waterfront residential lots, recreational amenities, trails, green space, and utility-served development areas. For RV park development, conceptual plans contemplate a phased rollout with extensive campsite capacity and supporting amenities.
Adding to the investment appeal, the seller is willing to consider seller financing for qualified buyers, with financing available for up to 50%. This flexibility may help reduce initial capital requirements while supporting the execution of a long-term development strategy. Combined with its scale, location, waterfront setting, and development optionality, the property represents a compelling opportunity for developers and investors seeking a distinctive project within Mason City.

Financial Summary (Pro Forma - 2025) Click Here to Access

Annual (CAD) Annual Per AC (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per AC $9.99
Other Income (CAD)
Annual $99,999
Annual Per AC $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per AC $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per AC $9.99
Taxes (CAD)
Annual $99,999
Annual Per AC $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per AC $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per AC $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per AC $9.99

Property Facts

Price $3,873,347 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 31.00 AC
Opportunity Zone Yes
Zoning Commercial - Currently commercial with preliminary approval for a "conditional use" permit for Z-3 General Urban District to develop a recreational vehicle park.

1 Lot Available

Lot 7093830030

Price $3,873,347 CAD
Price Per AC $124,946.69 CAD
Lot Size 31.00 AC

Lot parcels: 71612600900 & 71612600100 are included in the sale. Total Number of Acres: 31.

Description

This 31+ acre parcel, anchored by a 7-acre stocked pond reaching 45 feet deep, represents a one-of-a-kind opportunity in the center of Mason City. Serving as the natural centerpiece, the water feature creates a unique foundation for a signature master-planned residential community or a modern, full-service RV park. In-town lakefront living and recreation are minimal, positioning this property as both highly desirable and exceptionally valuable. Beyond its natural beauty, the site offers unmatched development potential whether envisioned as a vibrant residential neighborhood or a full service RV Park thanks to its rare waterfront access, central location, and strategic positioning in a high-demand market. This exceptional opportunity also offers flexible, creative financing options, including seller financing. The seller is willing to finance up to 50% of the purchase price, providing added accessibility and potential for a smoother transaction.

Fairly walkable
40/100
Very drivable
80/100
Minimal public transit
10/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
07-09-380-01-600
Land Assessment
$7,000 CAD
Improvements Assessment
$0 CAD
Total Assessment
$7,000 CAD
Annual Taxes
-$1 CAD
Tax Year
2025
  • Listing ID: 37692282

  • Date on Market: 2025-09-16

  • Last Updated:

  • Address: 1100 S Harrison, Mason City, IA 50401

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