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    Property profile & analytics

    54599 Hwy 42 Plainview, MN 55964-3192

    • Office buildings
    • 700 SF
    • 3.50 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Last Sale
    Jun 15, 2023
    Location Intelligence
    Property ID
    US46-2997781
    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

    • Office buildings

    Property Details for 54599 Hwy 42

    Year built
    1975
    Lot size
    3.50 lot acres
    Property size
    700 SF
    Property type
    Office buildings
    APN
    R14.00054.15
    APU
    R140005415

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Plainview
    County
    Wabasha
    State
    Minnesota
    Longitude
    -92.1667
    Latitude
    44.1731
    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
    2024
    $1,822
    $52,500
    $110,300
    $162,800
    -
    $52,500
    $110,300
    $162,800

    Comparable in this City

    • Value Estimation
      $185,000
      2,882 SF

      205 Broadway

      OFFICE BUILDING • 2,882 SF
      205 Broadway, Plainview, MN 55964-1253
      View Details
    • Value Estimation
      $210,000
      1,110 SF

      Plainview, MN 55964

      OFFICE BUILDING • 1,110 SF
      Plainview, MN 55964
      View Details
    • Value Estimation
      $310,000
      780 SF

      Plainview, MN 55964

      OFFICE BUILDING • 780 SF
      Plainview, MN 55964
      View Details
    • Value Estimation
      $265,000
      1,180 SF

      53374 255th Ave

      OFFICE BUILDING • 1,180 SF
      53374 255th Ave, Plainview, MN 55964
      View Details
    • Value Estimation by Request
      3,240 SF

      51547 220th Ave

      OFFICE BUILDING • 3,240 SF
      51547 220th Ave, Plainview, MN 55964-3042
      View Details
    • Value Estimation by Request
      800 SF

      55049 241st Ave

      OFFICE BUILDING • 800 SF
      55049 241st Ave, Plainview, MN 55964-3202
      View Details
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    Plainview, MN 55964-3192
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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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