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    Property profile & analytics

    6164 Hwy 115 Tower, MN 55790

    • Manufacturing properties
    • 1,200 SF
    OFF-MARKET
    Value Estimation
    Last Sale
    May 17, 2024
    Location Intelligence
    Property ID
    US46-1876744
    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

    • Manufacturing properties

    Property Details for 6164 Hwy 115

    Property size
    1,200 SF
    Property type
    Manufacturing properties
    APN
    387-0327-00010
    APU
    387032700010

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tower
    County
    St. Louis
    State
    Minnesota
    Longitude
    -92.4271
    Latitude
    47.8541
    CBSA code
    20260
    CBSA name
    DULUTH, MN-WI METROPOLITAN 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
    2024
    $1,846
    $106,300
    $16,700
    $123,000
    -
    $106,300
    $16,700
    $123,000

    Comparable in this City

    • Value Estimation
      $290,000
      4,680 SF

      5876 Hoodoo Pt Rd

      MANUFACTURING (LIGHT) • 4,680 SF
      5876 Hoodoo Pt Rd, Tower, MN 55790
      View Details
    • Value Estimation by Request
      308 SF

      9380 Hwy 135th N

      MANUFACTURING (LIGHT) • 308 SF
      9380 Hwy 135th N, Tower, MN 55790
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    • Value Estimation
      $240,000
      5,000 SF

      1736 County Rd 77

      MANUFACTURING (LIGHT) • 5,000 SF
      1736 County Rd 77, Tower, MN 55790-8123
      View Details
    • Value Estimation
      $365,000
      6,480 SF

      Tower, MN 55790

      MANUFACTURING (LIGHT) • 6,480 SF
      Tower, MN 55790
      View Details
    • Value Estimation
      $230,000
      4,312 SF

      5358 Hwy 169

      MANUFACTURING (LIGHT) • 4,312 SF
      5358 Hwy 169, Tower, MN 55790
      View Details
    • Value Estimation
      $380,000
      4,840 SF

      Tower, MN 55790

      MANUFACTURING (LIGHT) • 4,840 SF
      Tower, MN 55790
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      1.20 Acres

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      1.2 acre lot near Lake Vermilion, ideal for storage.
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    6164 Hwy 115
    Tower, MN 55790
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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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