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    Property profile & analytics

    124 Hickory St Royalton, MN 56373-9134

    • Manufacturing properties
    • 9,360 SF
    OFF-MARKET
    Value Estimation
    $340,000
    Location Intelligence
    Property ID
    US46-1917240
    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

    • Majaski's Machine Shop / Machine Shop

    Property Details for 124 Hickory St

    Year built
    1976
    Construction
    WOOD
    Property size
    9,360 SF
    Property type
    Manufacturing properties
    APN
    44.0511.000
    APU
    440511000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Royalton
    County
    Morrison
    State
    Minnesota
    Longitude
    -94.2843
    Latitude
    45.8319

    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
    $7,102
    $120,800
    $246,900
    $367,700
    -
    $120,800
    $246,900
    $367,700

    Comparable in this City

    • Value Estimation
      $450,000
      25,000 SF

      446 Birch S St

      MANUFACTURING (LIGHT) • 25,000 SF
      446 Birch S St, Royalton, MN 56373
      View Details
    • Value Estimation by Request
      75,120 SF

      207 Hwy 10th S

      MANUFACTURING (LIGHT) • 75,120 SF
      207 Hwy 10th S, Royalton, MN 56373-2700
      View Details
    • Value Estimation by Request

      Royalton, MN 56373

      INDUSTRIAL (GENERAL)
      Royalton, MN 56373
      View Details
    • Value Estimation by Request
      8,616 SF

      4851 State Hwy 25

      WAREHOUSE, STORAGE • 8,616 SF
      4851 State Hwy 25, Royalton, MN 56373
      View Details
    • Value Estimation
      $600,000
      21,052 SF

      Royalton, MN 56373

      WAREHOUSE, STORAGE • 21,052 SF
      Royalton, MN 56373
      View Details
    • Value Estimation
      $205,000
      4,400 SF

      16045 83rd St

      MINI-WAREHOUSE, STORAGE • 4,400 SF
      16045 83rd St, Royalton, MN 56373
      View Details

    Similar Nearby for Sale

    • $109,900
      2.01 Acres

      Royalton Buildable Lot Ready

      Clear 2.01 acre lot in Royalton, ready to build.
      S Hawthorn St, Royalton, MN 56373
      View Details
    • $210,000

      Royalton Commercial Land Opportunity

      Six parcels of commercial land available in Royalton, Minnesota.
      N Maple St, Royalton, MN 56373
      View Details
    • $44,000
      0.57 Acres

      Royalton Buildable Lot Ready

      Clear, buildable lot in Royalton with utilities available.
      S Hawthorn St, Royalton, MN 56373
      View Details
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    124 Hickory St
    Royalton, MN 56373-9134
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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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