624 LkDetroit Lakes, MN 56501

  • Hospitality properties
  • 1,720 SF
Off market
$304,100 Estimated

Property Details for 624 Lk

Year built
1930
Construction
FRAME
Property size (Sq ft)
1,720 SF
Property type
Hospitality properties
Property subtype
Hotels
APN
491100000
APU
491100000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $359,186
    6.5%
    $331,556
    7%
    $307,873
  • Comparable approach

    Method
    Valuation
    Relative Method
    $206,304
    Geo Method
    $206,304
  • Alternative Use

    Use
    Valuation
    Residential
    $361,963
    Hospitality
    $331,556
    Educational
    $275,851
    Medical
    $285,338
    Retail
    $429,101
624 Lk, Detroit Lakes, Minnesota

Location Insight

City
Detroit Lakes
County
Becker
State
Minnesota
Latitude
46.8059
Longitude
-95.8544

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
$4,258
$304,100
-
$304,100
-
$304,100
-
$304,100

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