Commercial Land with Existing
For Sale
$6,000,000
1240 Randolph Road, Detroit Lakes, MN 56501
Business/Commercial-zoned tract includes ten buildings and access to city water, sewer, and natural gas.
Property SizeContact for details
Days on Market49
Property Features for 1240 Randolph Road
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$23,500
Building Details
Year Built
1976
Listing Agency:
(507) 832-8100
Listed By:
Kathy Hanson
(507) 832-8100
Source:
Fivestarrealtypros.idxbroker
Added: Jul 14
Changed: Aug 30
Last Checked: Aug 31 at 12:40PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kathy Hanson
Investment Insights
Based on property information with market context.
This three-parcel commercial land offering includes a developed center parcel with 10 buildings containing approximately 47,000 sq ft of space. The improvements date to 1976 and are part of a larger property classified for Business/Commercial use. The site also includes a northern parcel identified as development property within city limits.
Access is provided from Randolph Road and Highland Drive, with proximity to Highway 10. City water, sewer, and natural gas are available on site, supporting the property’s existing improvements and future commercial planning. The combination of assembled land, established buildings, municipal utility availability, and roadway access creates a substantial commercial property with multiple physical components.
Access is provided from Randolph Road and Highland Drive, with proximity to Highway 10. City water, sewer, and natural gas are available on site, supporting the property’s existing improvements and future commercial planning. The combination of assembled land, established buildings, municipal utility availability, and roadway access creates a substantial commercial property with multiple physical components.
Key Highlights
- Three parcels included in the commercial land offering
- 10 buildings with a total of approx 47,000 sq ft of space
- Business/Commercial zoning
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
140
Businesses Nearby
Explore this area
Business Placement
Demographics for 56501, MN
17,784
Population
10,271
Households
1.7
Avg Household Size
44
Median Age
32%
College-Educated
94%
High-School Grad
186.9 sq mi
ZIP Area
95
Density / Sq Mi
$68,980
Median Household Income
$40,068
Median Earnings
$942
Median Rent
$286,900
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Business/Commercial-zoned tract includes ten buildings and access to city water, sewer, and natural gas.
Where is this commercial land located?
The property is located at 1240 Randolph Road Detroit Lakes, MN.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Three parcels included in the commercial land offering; 10 buildings with a total of approx 47,000 sq ft of space; Business/Commercial zoning
