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    Property profile & analytics

    201 Main St Lake Mills, IA 50450-1405

    • Turn key restaurants
    • 2,332 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-0503571
    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

    • Turn key restaurants

    Property Details for 201 Main St

    Year built
    1900
    Lot size
    0.07 lot acres
    Property size
    2,332 SF
    Property type
    Turn key restaurants
    APN
    802353010
    APU
    802353010

    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 Mills
    County
    Winnebago
    State
    Iowa
    Longitude
    -93.5338
    Latitude
    43.4191

    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
    $900
    $4,560
    $43,440
    $48,000
    -
    $4,560
    $43,440
    $48,000

    Comparable in this City

    • Value Estimation
      $150,000
      7,632 SF

      210 Main St

      RESTAURANT • 7,632 SF
      210 Main St, Lake Mills, IA 50450-1406
      View Details
    • Value Estimation by Request
      3,036 SF

      222 Main St

      RESTAURANT • 3,036 SF
      222 Main St, Lake Mills, IA 50450-1406
      View Details
    • Value Estimation by Request
      1,160 SF

      Lake

      RESTAURANT • 1,160 SF
      Lake, Mills, IA 50450
      View Details
    • Value Estimation
      $305,000
      3,560 SF

      224 Main St

      RESTAURANT • 3,560 SF
      224 Main St, Lake Mills, IA 50450-1406
      View Details
    • Value Estimation
      $335,000
      2,560 SF

      105 Western St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,560 SF
      105 Western St, Lake Mills, IA 50450-1331
      View Details
    • Value Estimation by Request
      3,600 SF

      Lake

      BAR, TAVERN • 3,600 SF
      Lake, Mills, IA 50450
      View Details

    Similar Nearby for Sale

    • $60,000
      0.05 Acres

      Versatile Commercial Building in Lake Mills

      Adaptable brick building in downtown Lake Mills, Iowa.
      304 W Main St, Lake Mills, IA 50450
      View Details
    • Contact for pricing
      0.21 Acres

      Lake Mills Commercial Land

      Commercial land available near downtown Lake Mills, Iowa.
      202 N Western St, Lake Mills, IA 50450
      View Details
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    Lake Mills, IA 50450-1405
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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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