Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    103 Washington St Lake Mills, IA 50450-1310

    • Grocery and convenience stores
    • 11,808 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    $340,000
    Location Intelligence
    Property ID
    US25-0456304
    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

    • David's Foods / Grocery Store

    Property Details for 103 Washington St

    Year built
    1991
    Construction
    FRAME
    Lot size
    0.27 lot acres
    Property size
    11,808 SF
    Property type
    Grocery and convenience stores
    APN
    802309018
    APU
    802309018

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lake Mills
    County
    Winnebago
    State
    Iowa
    Longitude
    -93.5339
    Latitude
    43.4196

    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
    2023
    $10,656
    $19,210
    $383,960
    $403,170
    -
    $19,210
    $383,960
    $403,170

    Comparable in this City

    • Value Estimation
      $275,000
      1,276 SF

      102 Lk St

      CONVENIENCE STORE • 1,276 SF
      102 Lk St, Lake Mills, IA 50450-1302
      View Details
    • Value Estimation
      $850,000
      5,124 SF

      401 Main St

      CONVENIENCE STORE • 5,124 SF
      401 Main St, Lake Mills, IA 50450-1423
      View Details
    • Value Estimation
      $370,000
      2,376 SF

      101 Lk St

      CONVENIENCE STORE • 2,376 SF
      101 Lk St, Lake Mills, IA 50450-1301
      View Details
    • Value Estimation by Request
      5,429 SF

      203 1st W Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,429 SF
      203 1st W Ave, Lake Mills, IA 50450-1352
      View Details
    • Value Estimation by Request
      5,454 SF

      227 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,454 SF
      227 Main St, Lake Mills, IA 50450-1405
      View Details
    • Value Estimation by Request
      3,360 SF

      107 Ml St

      RETAIL STORES (PERSONAL SERVICES) • 3,360 SF
      107 Ml St, Lake Mills, IA 50450-1303
      View Details

    Similar Nearby for Sale

    • $60,000
      0.05 Acres

      Versatile Commercial Building in Lake Mills

      Adaptable brick building in downtown Lake Mills, Iowa.
      304 W Main St, Lake Mills, IA 50450
      View Details
    • Contact for pricing
      0.21 Acres

      Lake Mills Commercial Land

      Commercial land available near downtown Lake Mills, Iowa.
      202 N Western St, Lake Mills, IA 50450
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    103 Washington St
    Lake Mills, IA 50450-1310
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.