Property profile

201 8th St Lake City, MN 55041

OFF-MARKET
Office buildings
Property ID
US46-3002243
3,232 SF 0.74 ac lot Built 1955
Individually Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1955
Total area 3,232 SF
Lot 0.74 ac (32,250 SF)
APN R22.00987.00
UPID US46-3002243

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
  • Credit Union
  • Loan Service Bank
  • Storage Facility

Location

201 8th St Lake City, MN 55041-1659
Lake City metro Census 490300 ROCHESTER, MN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$670k
CAP Approach CAP
$780k
Comparable Approach Comparable
$622k
Blend (final) Blend
$700k

Owner & transaction history

since 2020
Last sale
$550,000
4 recorded transactions
2024
Price N/A
2020
$360,000
2020
Price N/A
2006
Price N/A

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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