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    Property profile & analytics

    119 Market St Lake Park, IA 51347

    • Bars
    • 2,634 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-1551485
    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 119 Market St

    Year built
    1914
    Lot size
    0.09 lot acres
    Property size
    2,634 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    127179011
    APU
    127179011

    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 Park
    County
    Dickinson
    State
    Iowa
    Longitude
    -95.3221
    Latitude
    43.4545
    CBSA code
    44020
    CBSA name
    SPIRIT LAKE, IA MICROPOLITAN 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
    2023
    $1,096
    $5,200
    $77,000
    $82,200
    -
    $5,200
    $77,000
    $82,200

    Comparable in this City

    • Value Estimation by Request
      1,890 SF

      114 Market St

      BAR, TAVERN • 1,890 SF
      114 Market St, Lake Park, IA 51347-7709
      View Details
    • Value Estimation by Request
      2,552 SF

      121 Market St

      BAR, TAVERN • 2,552 SF
      121 Market St, Lake Park, IA 51347-7708
      View Details
    • Value Estimation by Request
      6,352 SF

      106 Market St

      RESTAURANT • 6,352 SF
      106 Market St, Lake Park, IA 51347-7709
      View Details
    • Value Estimation
      $375,000
      3,176 SF

      112 Market St

      RESTAURANT • 3,176 SF
      112 Market St, Lake Park, IA 51347-7709
      View Details
    • Value Estimation by Request
      2,400 SF

      211 Market St

      RESTAURANT • 2,400 SF
      211 Market St, Lake Park, IA 51347-7706
      View Details
    • Value Estimation by Request
      3,408 SF

      1487 135th Ave

      FINANCIAL BUILDING • 3,408 SF
      1487 135th Ave, Lake Park, IA 51347-7880
      View Details
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    119 Market St
    Lake Park, IA 51347
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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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