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    Property profile & analytics

    54601 Hwy 42 Plainview, MN 55964-3191

    • Auto shops
    • 4,800 SF
    • 3.65 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Location Intelligence
    Property ID
    US46-3006328
    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

    • Auto shops

    Property Details for 54601 Hwy 42

    Lot size
    3.65 lot acres
    Property size
    4,800 SF
    Property type
    Auto shops
    APN
    R14.00054.21
    APU
    R140005421

    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
    -92.1665
    Latitude
    44.1746
    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
    $5,638
    $53,300
    $243,700
    $297,000
    -
    $53,300
    $243,700
    $297,000

    Comparable in this City

    • Value Estimation
      $2,325,000
      25,242 SF

      55083 County Rd 4th 4

      AUTO REPAIR, GARAGE • 25,242 SF
      55083 County Rd 4th 4, Plainview, MN 55964-3088
      View Details
    • Value Estimation
      $210,000
      3,672 SF

      240 Broadway

      AUTO REPAIR, GARAGE • 3,672 SF
      240 Broadway, Plainview, MN 55964-1254
      View Details
    • Value Estimation
      $200,000
      3,984 SF

      Plainview, MN 55964

      AUTO REPAIR, GARAGE • 3,984 SF
      Plainview, MN 55964
      View Details
    • Value Estimation
      $215,000
      2,400 SF

      420 1st NE St

      AUTO REPAIR, GARAGE • 2,400 SF
      420 1st NE St, Plainview, MN 55964-1443
      View Details
    • Value Estimation by Request
      2,908 SF

      25 2nd SW St

      AUTO REPAIR, GARAGE • 2,908 SF
      25 2nd SW St, Plainview, MN 55964-1313
      View Details
    • Value Estimation
      $220,000
      1,200 SF

      50 4th NE Ave

      AUTO REPAIR, GARAGE • 1,200 SF
      50 4th NE Ave, Plainview, MN 55964-1480
      View Details
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    54601 Hwy 42
    Plainview, MN 55964-3191
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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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