Property profile

514 8th St Lake City, MN 55041

OFF-MARKET
Office buildings
Property ID
US46-2997626
960 SF 0.49 ac lot Built 1900
Entity Owned Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1900
Total area 960 SF
Lot 0.49 ac (21,500 SF)
APN R22.00008.00
UPID US46-2997626

Cap rate & NOI

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

Location

514 8th St Lake City, MN 55041-1717
Lake City metro Census 490300 ROCHESTER, MN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2025
3 recorded transactions
2025
Price N/A
2019
Price N/A
2017
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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