Technical
Financial
Distress signals
Property profile

1115 7th St Lake City, MN 55041

OFF-MARKET
Warehouses
Property ID
US46-2998937
5,000 SF 0.79 ac lot Built 2007
Individually Owned 13-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2007
Total area 5,000 SF
Lot 0.79 ac (34,350 SF)
APN R22.01856.00
UPID US46-2998937

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Powder Coating Service

Location

1115 7th St Lake City, MN 55041-1263
Lake City metro Census 490300 ROCHESTER, MN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
$560k
Comparable Approach Comparable
$576k
Blend (final) Blend
$345k

Owner & transaction history

since 2012
1 recorded transaction
2012
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $685,000 +145.4%
Commercial (general) $555,000 +99.1%
Restaurant $530,000 +90.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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