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Industrial Storage Condo Pad Sites
For Sale
$50,000

51021 Fish Lake Rd, Detroit Lakes, MN 56501

Professionally structured storage condo pad sites with an approved shed size of 32’ x 60’.

Property SizeContact for details
Days on Market107

Property Features for 51021 Fish Lake Rd

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $194
Listing Agency: Counselor Realty Detroit Lakes
Listed By: Stacy Scott
Source: Exprealty
Added: May 23 Changed: Sep 5 Last Checked: Sep 6 at 12:51PM

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 Counselor Realty Detroit Lakes

Investment Insights

Based on property information with market context.

This offering consists of professionally structured storage condo pad sites designed to support the construction of sheds. Pad size is 34’ x 66’ and the approved shed size is 32’ x 60’, with similar color, design, and builder restrictions applying. The properties are governed by a CIC (Common Interest Community) HOA with a monthly fee of $126, which covers lawn mowing, snow removal, and weed trimming around the sheds. Electric is available to the pump house for the shared well, and a shared well option is available with separate costs. Ownership responsibilities include connecting to gas, well, and electrical components, including providing an electric meter and electric service; MN Natural Gas service is available to the area.

The site is located on the corner of Fish Lake Road and City, near Hwy. #31, on the SE side of Pelican Lake.

This is a land-only opportunity with utilities and site rules managed through the HOA, providing a consistent, uniform setup for each storage pad site.

Key Highlights

  • Storage condo pad site in the Pelican Lakes area with pad size of 34' x 66' (land only) for $50,000.
  • Approved shed size: 32' x 60' on the condo pad site (builder and color/design restrictions apply).
  • CIC HOA is $126/month, covering lawn mowing, snow removal, and weed trimming around the sheds.

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Bakery Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

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

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Professionally structured storage condo pad sites with an approved shed size of 32’ x 60’.
Where is this industrial land located?
The property is located at 51021 Fish Lake Rd Detroit Lakes, MN.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Storage condo pad site in the Pelican Lakes area with pad size of 34' x 66' (land only) for $50,000.; Approved shed size: 32' x 60' on the condo pad site (builder and color/design restrictions apply).; CIC HOA is $126/month, covering lawn mowing, snow removal, and weed trimming around the sheds.
More about this property
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