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Property profile & analytics
OFF-MARKET
Land

2502 Adaline Ln Detroit Lakes, MN 56501

0.66 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.66-acre build-ready lot is situated in the desirable Three Lakes development in Detroit Lakes, Minnesota. Located within city limits, this property offers unparalleled convenience and access to a wealth of amenities. Enjoy the scenic beauty of its location nestled between Long Lake, Munson Lake, and St. Clair Lake, all within a short five-minute drive of downtown Detroit Lakes, Long Lake Park, and Munson Lake public access. The lot boasts city water, sewer, and storm sewer connections, eliminating the need for costly well and septic system installations. Paved streets and future community amenities, including a planned pocket park, enhance the appeal of this prime location. The Three Lakes development is designed for approximately 70 to 100 homes, promising a thriving and welcoming neighborhood. This lot is part of a meticulously planned community, with lot construction managed by the City of Detroit Lakes, ensuring high standards and quality infrastructure. The generous lot size provides ample space for a custom-designed home and a three-car garage or shed. The property's APN is 492471564, and it's zoned for single-family residential use. The asking price for this exceptional opportunity is $43,000.

Property profile
Verified
Property type Land
Lot 0.66 ac (28,750 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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