Detroit Lakes, MN 56501

  • Office buildings
  • 768 SF
Off market

Property Details

Year built
1973
Lot size
37.00 AC
Property size (Sq ft)
768 SF
Zone code
AGRICULTURAL
Property type
Office buildings
APN
240092000
APU
240092000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $160,028
    6.5%
    $147,718
    7%
    $137,166
  • Comparable approach

    Method
    Valuation
    Relative Method
    $39,198.70
    Geo Method
    $39,198.70
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $291,707
    Retail / Commercial
    $149,413
    Mixed-Use / Specialty
    $148,744
    Hospitality / Lodging
    $108,951
    Institutional / Educational
    $154,585
    Residential Income
    $180,864
    Multifamily
    $217,675
    Automotive / Energy
    $132,501
    Parking / Income-Based Land
    $45,859.40
    Restaurant / Food Service
    $77,071.40
    Healthcare / Senior Housing
    $152,674

Location Insight

City
Detroit Lakes
County
Becker
State
Minnesota
Latitude
46.8087
Longitude
-95.8906

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
2023
$9,258
$133,800
$384,000
$517,800
-
$133,800
$384,000
$517,800

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
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Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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