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    Property profile & analytics

    221 Main E St Plato, MN 55370

    • Industrial properties
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 26, 2024
    Location Intelligence
    Property ID
    US46-2171339
    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

    • Pinske Stor-Edge / Storage Facility

    Property Details for 221 Main E St

    Property type
    Industrial properties
    APN
    18.014.1750
    APU
    180141750

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Plato
    County
    Mcleod
    State
    Minnesota
    Longitude
    -94.0365
    Latitude
    44.7724
    CBSA code
    26780
    CBSA name
    HUTCHINSON, MN MICROPOLITAN 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
    $8,860
    $39,200
    $239,500
    $278,700
    -
    $39,200
    $239,500
    $278,700

    Comparable in this City

    • Value Estimation
      $530,000
      12,323 SF

      Plato, MN 55370

      INDUSTRIAL (GENERAL) • 12,323 SF
      Plato, MN 55370
      View Details
    • Value Estimation
      $760,000
      17,839 SF

      121 1st NE Ave

      INDUSTRIAL (GENERAL) • 17,839 SF
      121 1st NE Ave, Plato, MN 55370-5402
      View Details
    • Value Estimation
      $480,000
      24,861 SF

      135 Mcleod S Ave

      INDUSTRIAL (GENERAL) • 24,861 SF
      135 Mcleod S Ave, Plato, MN 55370-5409
      View Details
    • Value Estimation
      $460,000
      10,007 SF

      121 1st NE Ave

      INDUSTRIAL (GENERAL) • 10,007 SF
      121 1st NE Ave, Plato, MN 55370-5402
      View Details
    • Value Estimation by Request
      114,395 SF

      200 3rd SW St

      INDUSTRIAL (GENERAL) • 114,395 SF
      200 3rd SW St, Plato, MN 55370-5469
      View Details
    • Value Estimation
      $380,000
      7,500 SF

      Plato, MN 55370

      INDUSTRIAL (GENERAL) • 7,500 SF
      Plato, MN 55370
      View Details
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    221 Main E St
    Plato, MN 55370
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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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