Commercial

Detroit Lakes, MN Commercial Land for Sale

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Frazee, MN Audubon, MN Vergas, MN Lake Park, MN Pelican Rapids, MN Dent, MN Perham, MN Osage, MN
Subdividable Commercial Land Parcel
Updated: Mar 11
Subdividable Commercial Land Parcel

Randolph Road, Detroit Lakes, MN 56501

$489,900
4.00 AC lot
Year built 1985.
City water, sewer, and natural gas available on site.
Seller is open to subdividing approximately 4 acres from the existing parcel (negotiated and surveyed prior to closing).
Location just off Highway 10 in Detroit Lakes.
Utilities reported: water available.
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Commercial Development Land Opportunity
Updated: Mar 11
Commercial Development Land Opportunity

Highland Drive, Detroit Lakes, MN 56501

$369,900
2.00 AC lot
Built in 1985.
City water, sewer, and natural gas available on site.
Utilities include water available.
Seller is open to subdividing approximately 2 acres from the existing parcel (to be negotiated and surveyed prior to closing).
Location described as just off Highway 10 in Detroit Lakes (coordinates provided).
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High-Visibility Commercial Land Lot
High-Visibility Commercial Land Lot

11284 County Highway 17, Detroit Lakes, MN 56501

$219,000

High-visibility lot off US Highway 59 S with survey, fencing, well, and a completed approach.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Detroit Lakes, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

High-Traffic Commercial Development Lot
High-Traffic Commercial Development Lot

Lakeside Drive N, Perham, MN 56437

$249,900
0.65 AC lot

A high-visibility Perham lot suited for office, retail, convenience, or service uses with convenient customer access.

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High-Visibility Commercial Lot
High-Visibility Commercial Lot

145 1st Avenue S, Perham, MN 56573

$235,000

Commercial lot measuring 25' by 150' in a high-visibility setting with strong daily traffic exposure.

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Commercial Storage Development Lot
Commercial Storage Development Lot

37577 470th St #21, Frazee, MN 56544

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0.13 AC lot

68x85 parcel within a planned common interest community for a 48x60 storage unit with pole-barn exterior.

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Storage-Oriented Development Land Parcel
Storage-Oriented Development Land Parcel

37577 470th St #22, Frazee, MN 56544

Contact for pricing

Commercial land within a common interest community, sized to support construction of a 48x60 storage unit.

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Detroit Lakes, MN Commercial Land Market Trends and Statistics

Explore 3 commercial land for sale in Detroit Lakes, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 261,360 square feet of properties for sale, with an estimated market value of $1,078,800.

Sale prices for commercial lots in Detroit Lakes, MN start at $219,000, averaging $359,600, and reaching up to $489,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Industrial land 9
Commercial land 3
Waterfront Land 2
Residential land & home lots 2
Agricultural land / Farmland 1

Demographics Overview

Population 18K
Population Growth (5Y) +5.4%
Median Household Income $68,980
College Educated 21.1%

High-Yield Neighborhoods for Investment

Identify Detroit Lakes submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
56501 $429.9K

Taxes & Financing

Tax Rate (average for all types) 1.50%
Property Tax per SF $34.24 per SF
Tax Rate vs County Average 0.03 pp above county avg
Average Loan-to-Value 65.0%

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