612 LkDetroit Lakes, MN 56501

  • Hospitality properties
  • 1,600 SF
Off market
$370,600 Estimated

Property Details for 612 Lk

Year built
1960
Construction
FRAME
Property size (Sq ft)
1,600 SF
Property type
Hospitality properties
Property subtype
Hotels
APN
491098000
APU
491098000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $334,126
    6.5%
    $308,424
    7%
    $286,394
  • Comparable approach

    Method
    Valuation
    Relative Method
    $191,910
    Geo Method
    $191,910
  • Alternative Use

    Use
    Valuation
    Residential
    $336,710
    Hospitality
    $308,424
    Educational
    $256,605
    Medical
    $265,430
    Retail
    $399,164
612 Lk, Detroit Lakes, Minnesota

Location Insight

City
Detroit Lakes
County
Becker
State
Minnesota
Latitude
46.8064
Longitude
-95.8537

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
$5,296
$258,200
$112,400
$370,600
-
$258,200
$112,400
$370,600

FAQs

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