401 MainLake Mills, IA 50450

  • Grocery and convenience stores
  • 5,124 SF
Off market
$15,028,200 Estimated

Property Details for 401 Main

Year built
2001
Construction
FRAME
Lot size
1.50 AC
Property size (Sq ft)
5,124 SF
Property type
Grocery and convenience stores
APN
802352029
APU
802352029

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,239,896
    6.5%
    $1,144,520
    7%
    $1,062,768
  • Comparable approach

    Method
    Valuation
    Relative Method
    $659,053
    Geo Method
    $659,053
  • Alternative Use

    Use
    Valuation
    Residential
    $965,445
    Hospitality
    $884,343
    Educational
    $735,763
    Medical
    $761,067
    Retail
    $1,144,520

Location Insight

City
Lake Mills
County
Winnebago
State
Iowa
Latitude
43.4189
Longitude
-93.5364

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
$13,464
$50,000
$474,850
$524,850
-
$50,000
$474,850
$524,850

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