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

    106 Washington St Lake City, MN 55041-1034

    • Office buildings
    • 1,000 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    $260,000
    Last Sale
    Dec 30, 2020
    Location Intelligence
    Property ID
    US46-3001957
    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

    • Eagle Valley Chiropractic - Lake City / Acupuncture Clinic / Massage Therapist
    • Jessin Skoug / Chiropractor
    • Jessin Lynn Skoug / Chiropractor
    • Dr. Elizabeth Olson / Chiropractor / Practitioner Service Location

    Property Details for 106 Washington St

    Year built
    1890
    Lot size
    0.04 lot acres
    Property size
    1,000 SF
    Property type
    Office buildings
    APN
    R22.00282.00
    APU
    R220028200

    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 City
    County
    Wabasha
    State
    Minnesota
    Longitude
    -92.266
    Latitude
    44.4496
    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
    2024
    $2,416
    $15,600
    $115,800
    $131,400
    -
    $15,600
    $115,800
    $131,400

    Comparable in this City

    • Value Estimation
      $2,825,000
      1,500 SF

      Lake

      OFFICE BUILDING • 1,500 SF
      Lake, City, MN 55041
      View Details
    • Value Estimation
      $345,000
      14,300 SF

      1215 7th St

      OFFICE BUILDING • 14,300 SF
      1215 7th St, Lake City, MN 55041-1267
      View Details
    • Value Estimation
      $615,000
      14,300 SF

      1215 7th St

      OFFICE BUILDING • 14,300 SF
      1215 7th St, Lake City, MN 55041-1267
      View Details
    • Value Estimation by Request
      1,877 SF

      1005 Marion St

      OFFICE BUILDING • 1,877 SF
      1005 Marion St, Lake City, MN 55041-2051
      View Details
    • Value Estimation by Request
      960 SF

      514 8th St

      OFFICE BUILDING • 960 SF
      514 8th St, Lake City, MN 55041-1717
      View Details
    • Value Estimation
      $200,000
      780 SF

      1105 7th St

      OFFICE BUILDING • 780 SF
      1105 7th St, Lake City, MN 55041-1263
      View Details

    Similar Nearby for Sale

    • $1,500,000
      18,000 SF

      Well-Built Commercial Property For Sale

      Commercial property with income potential in Lake City, Minnesota.
      1215 N 7Th St, Lake City, MN 55041
      View Details
    • New
      $395,000
      0.07 Acres

      Lake City Landmark For Sale

      Well-maintained commercial building in downtown Lake City, Minnesota.
      100 S Washington St, Lake City, MN 55041
      View Details
    • New
      $44,000
      0.36 Acres

      Wooded Building Site Near Golf

      Residential land in a golf-friendly community, near Lake Pepin.
      2720 Oakhurst Dr, Lake City, MN 55041
      View Details
    • $285,000
      2,010 SF

      Income-Producing Duplex with Recent Updates

      Updated duplex with short-term rental history and flexible living options.
      311 N Prairie St, Lake City, MN 55041
      View Details
    • Contact for pricing
      0.34 Acres

      Residential Lot in Jewel Golf

      Building site in Jewel Golf Course with bluff views.
      524 Clover Ct, Lake City, MN 55041
      View Details
    • $79,000
      2.08 Acres

      Land Lot in Lake City

      Residential land for building a dream home near Lake City.
      3 708Th St, Lake City, MN 55041
      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.
    106 Washington St
    Lake City, MN 55041-1034
    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.