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    Property profile & analytics

    Tower, MN 55790

    • Commercial real estate
    • 7,500 SF
    • 3.60 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-1549612
    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

    • Commercial real estate

    Property Details

    Lot size
    3.60 lot acres
    Property size
    7,500 SF
    Property type
    Commercial real estate
    APN
    080-0020-00135
    APU
    80002000135

    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
    -92.2884
    Latitude
    47.804
    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
    $1,552
    $4,600
    $30,700
    $35,300
    -
    $4,600
    $30,700
    $35,300

    Comparable in this City

    • Value Estimation by Request

      Tower, MN 55790

      COMMERCIAL (GENERAL)
      Tower, MN 55790
      View Details
    • Value Estimation by Request
      192 SF

      Tower, MN 55790

      COMMERCIAL (GENERAL) • 192 SF
      Tower, MN 55790
      View Details
    • Value Estimation by Request
      1,200 SF

      305 3rd N St

      COMMERCIAL (GENERAL) • 1,200 SF
      305 3rd N St, Tower, MN 55790
      View Details
    • Value Estimation
      $315,000
      1,440 SF

      302 Main St

      COMMERCIAL (GENERAL) • 1,440 SF
      302 Main St, Tower, MN 55790-5106
      View Details
    • Value Estimation
      $370,000
      2,860 SF

      414 Main St

      COMMERCIAL (GENERAL) • 2,860 SF
      414 Main St, Tower, MN 55790-5105
      View Details
    • Value Estimation
      $390,000
      3,960 SF

      306 Main St

      COMMERCIAL (GENERAL) • 3,960 SF
      306 Main St, Tower, MN 55790-5106
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.91 Acres

      Land Near Lake Vermilion

      Land near Lake Vermilion, ideal for recreational storage building.
      2 Tbd Hwy 115, Tower, MN 55790
      View Details
    • $176,000
      1,512 SF

      Mixed-Use Property in Tower, MN

      Commercial property with residential living quarters in downtown Tower.
      507 Main St, Tower, MN 55790
      View Details
    • $249,900
      8.86 Acres

      Lake Vermilion Waterfront Acreage

      8.86 acres with 1,115 ft of shoreline on Lake Vermilion.
      95150 Bystrom Bay, Tower, MN 55790
      View Details
    • $164,500
      0.26 Acres

      Lake Vermilion Waterfront Lot

      0.26 acre lot on Lake Vermilion ready to build.
      80046 Alder Ln, Tower, MN 55790
      View Details
    • Contact for pricing
      1.20 Acres

      Land Near Lake Vermilion

      1.2 acre lot near Lake Vermilion, ideal for storage.
      2 Tbd Hwy 115, Tower, MN 55790
      View Details
    • $124,900
      2.63 Acres

      Lake Vermilion Peninsula Land Parcel

      Private boat access lot on Lake Vermilion's Pine Island.
      5829 Pine Is N, Tower, MN 55790
      View Details
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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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