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    Property profile & analytics

    103 Elmwood E St Lanesboro, MN 55949-2609

    • Bars
    • 1,264 SF
    OFF-MARKET
    Value Estimation
    $390,000
    Location Intelligence
    Property ID
    US46-2512005
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Bars

    Property Details for 103 Elmwood E St

    Year built
    1870
    Property size
    1,264 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    19.0209.000
    APU
    190209000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lanesboro
    County
    Fillmore
    State
    Minnesota
    Longitude
    -91.9767
    Latitude
    43.7207
    CBSA code
    40340
    CBSA name
    ROCHESTER, MN METROPOLITAN 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
    2020
    $3,400
    $37,900
    $98,200
    $136,100
    -
    $37,900
    $98,200
    $136,100

    Comparable in this City

    • Value Estimation
      $440,000
      1,320 SF

      109 Pkwy N Ave

      BAR, TAVERN • 1,320 SF
      109 Pkwy N Ave, Lanesboro, MN 55949-9796
      View Details
    • Value Estimation
      $275,000
      2,100 SF

      112 Coffee St

      BAR, TAVERN • 2,100 SF
      112 Coffee St, Lanesboro, MN 55949-2607
      View Details
    • Value Estimation
      $220,000
      408 SF

      100 Pkwy N Ave

      RESTAURANT • 408 SF
      100 Pkwy N Ave, Lanesboro, MN 55949
      View Details
    • Value Estimation
      $345,000
      1,250 SF

      202 Pkwy N Ave

      RESTAURANT • 1,250 SF
      202 Pkwy N Ave, Lanesboro, MN 55949-9795
      View Details
    • Value Estimation
      $180,000
      1,096 SF

      111 Pkwy N Ave

      RESTAURANT • 1,096 SF
      111 Pkwy N Ave, Lanesboro, MN 55949
      View Details
    • Value Estimation
      $360,000
      1,920 SF

      208 Pkwy N Ave

      RESTAURANT • 1,920 SF
      208 Pkwy N Ave, Lanesboro, MN 55949-9795
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,000 SF

      Lanesboro Wine Bar & Restaurant

      Turnkey Business, Scenic Location
      102 Coffee St, Lanesboro, MN 55949
      View Details
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      Scenic Building Acreage Near Root River

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      Lanesboro Commercial Building - High Traffic

      Prime Lanesboro location, versatile space, high traffic area.
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      Lanesboro Commercial Building - High Traffic Area

      Downtown Lanesboro, MN - Investment Opportunity
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    Lanesboro, MN 55949-2609
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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