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    Property profile & analytics

    40 Highland Park NE Dr Hutchinson, MN 55350-9783

    • Industrial properties
    • 150,336 SF
    • 22.80 lot acres
    OFF-MARKET
    Value Estimation
    $135,000
    Last Sale
    Nov 09, 2023
    $111,500
    Location Intelligence
    Property ID
    US46-2786494
    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

    • Industrial properties

    Property Details for 40 Highland Park NE Dr

    Lot size
    22.80 lot acres
    Property size
    150,336 SF
    Property type
    Industrial properties
    APN
    23.246.0015
    APU
    232460015

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hutchinson
    County
    Mcleod
    State
    Minnesota
    Longitude
    -94.3548
    Latitude
    44.9004
    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
    2019
    $15,880
    $368,100
    $0.00
    $368,100
    -
    $368,100
    $0.00
    $368,100

    Comparable in this City

    • Value Estimation by Request
      0.39 Acres

      311 Hwy 7th E

      INDUSTRIAL (GENERAL) • 0.39 Acres
      311 Hwy 7th E, Hutchinson, MN 55350-1786
      View Details
    • Value Estimation by Request
      1,144 SF

      526 Ontario SE St

      INDUSTRIAL (GENERAL) • 1,144 SF
      526 Ontario SE St, Hutchinson, MN 55350
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    • Value Estimation by Request
      88,500 SF

      720 Hwy 7th W

      INDUSTRIAL (GENERAL) • 88,500 SF
      720 Hwy 7th W, Hutchinson, MN 55350-1581
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    • Value Estimation by Request

      Hutchinson, MN 55350

      INDUSTRIAL (GENERAL)
      Hutchinson, MN 55350
      View Details
    • Value Estimation by Request

      400 Fair SE Ave

      INDUSTRIAL (GENERAL)
      400 Fair SE Ave, Hutchinson, MN 55350
      View Details
    • Value Estimation by Request
      40,000 SF

      21559 Hwy 7th W

      INDUSTRIAL (GENERAL) • 40,000 SF
      21559 Hwy 7th W, Hutchinson, MN 55350-4340
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      526,000 SF

      Industrial Property in Hutchinson, MN

      526,000 SF industrial property available for sale.
      40 W Highland Park Dr NE, Hutchinson, MN 55350
      View Details
    • $900,000
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      32,000 square foot warehouse property in Hutchinson, Minnesota.
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      Industrial Property with Shop and Office

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      Hutchinson Commercial Property with Sheds

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    • $535,000
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      Downtown Hutchinson Mixed-Use Gem

      Main Street retail, 3 apartments, high visibility
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    • New
      $76,000

      Residential Lots in Hutchinson, MN

      Two residential lots for sale in Hutchinson, Minnesota.
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    Similar Nearby for Lease

    • Contact for pricing
      6,040 SF

      Prime Hutchinson Retail Space

      6,040 SF Free-Standing Building Available
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      View Details
    • $8 SF/Yr
      910 SF

      Remodeled Office Space Available

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      View Details
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    Hutchinson, MN 55350-9783
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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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