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    Property profile & analytics

    1321 Main St Lake City, IA 51449-1585

    • Retail space
    • 1,196 SF
    OFF-MARKET
    Value Estimation
    $345,000
    Location Intelligence
    Property ID
    US25-1291479
    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

    • Community Pharmacy / Pharmacy

    Property Details for 1321 Main St

    Year built
    1995
    Property size
    1,196 SF
    Property type
    Retail space
    APN
    863413228902
    APU
    863413228902

    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
    Calhoun
    State
    Iowa
    Longitude
    -94.7493
    Latitude
    42.2657

    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
    2018
    $2,964
    $0.00
    $127,430
    $127,430
    -
    $0.00
    $127,430
    $127,430

    Comparable in this City

    • Value Estimation by Request
      2,904 SF

      101 Ctr St

      RETAIL STORES (PERSONAL SERVICES) • 2,904 SF
      101 Ctr St, Lake City, IA 51449-1705
      View Details
    • Value Estimation by Request
      1,452 SF

      103 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,452 SF
      103 Main St, Lake City, IA 51449-1712
      View Details
    • Value Estimation by Request
      6,780 SF

      119 Ctr St

      RETAIL STORES (PERSONAL SERVICES) • 6,780 SF
      119 Ctr St, Lake City, IA 51449-1701
      View Details
    • Value Estimation by Request
      2,508 SF

      107 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,508 SF
      107 Main St, Lake City, IA 51449-1712
      View Details
    • Value Estimation by Request
      2,640 SF

      114 Ctr St

      RETAIL STORES (PERSONAL SERVICES) • 2,640 SF
      114 Ctr St, Lake City, IA 51449-1706
      View Details
    • Value Estimation by Request
      3,150 SF

      110112 Ctr St

      RETAIL STORES (PERSONAL SERVICES) • 3,150 SF
      110112 Ctr St, Lake City, IA 51449
      View Details

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    1321 Main St
    Lake City, IA 51449-1585
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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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