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    Property profile & analytics

    427 Ml St Peterson, MN 55962

    • Manufacturing properties
    • 10,656 SF
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 06, 2023
    Location Intelligence
    Property ID
    US46-2031512
    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

    • Manufacturing properties

    Property Details for 427 Ml St

    Year built
    1940
    Property size
    10,656 SF
    Property type
    Manufacturing properties
    APN
    07.0085.040
    APU
    70085040

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Peterson
    County
    Fillmore
    State
    Minnesota
    Longitude
    -91.8344
    Latitude
    43.786
    CBSA code
    40340
    CBSA name
    ROCHESTER, MN 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
    2020
    $1,469
    $20,600
    $41,600
    $62,200
    -
    $20,600
    $41,600
    $62,200

    Comparable in this City

    • Value Estimation by Request
      1,008 SF

      319 Ml St

      MANUFACTURING (LIGHT) • 1,008 SF
      319 Ml St, Peterson, MN 55962
      View Details
    • Value Estimation
      $250,000
      4,000 SF

      28981 County 25th S

      MINI-WAREHOUSE, STORAGE • 4,000 SF
      28981 County 25th S, Peterson, MN 55962-4565
      View Details
    • Value Estimation
      $390,000
      2.23 Acres

      Peterson, MN 55962

      INDUSTRIAL (GENERAL) • 2.23 Acres
      Peterson, MN 55962
      View Details
    • Value Estimation
      $185,000
      5,000 SF

      40996 State Hwy 16

      LIGHT INDUSTRIAL • 5,000 SF
      40996 State Hwy 16, Peterson, MN 55962
      View Details
    • Value Estimation by Request
      2.00 Acres

      Peterson, MN 55962

      COMMERCIAL (GENERAL) • 2.00 Acres
      Peterson, MN 55962
      View Details
    • Value Estimation by Request
      10.98 Acres

      26332 County 107th S

      COMMERCIAL (GENERAL) • 10.98 Acres
      26332 County 107th S, Peterson, MN 55962
      View Details

    Similar Nearby for Sale

    • $134,000
      1,600 SF

      318 Mill St, Peterson, MN 55962

      Commercial real estate • 1,600 SF
      318 Mill St, Peterson, MN 55962
      View Details
    • $89,900
      0.07 Acres

      Commercial Property in Peterson, MN

      Commercial property in ideal location near Root River and bike trail.
      318 Mill St, Peterson, MN 55962
      View Details
    • $89,900
      800 SF

      Peterson Commercial Space - Mill Street

      Charming 800 sq ft commercial building.
      322 Mill St, Peterson, MN 55962
      View Details
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    427 Ml St
    Peterson, MN 55962
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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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