2511 Adaline Ln, Detroit Lakes, MN 56501
This 0.57-acre residential lot in Detroit Lakes, Minnesota, is part of the new Three Lakes development. Located within city limits, this build-ready lot offers convenient access to Long Lake, Munson Lake, and St. Clair Lake, as well as downtown Detroit Lakes, Long Lake Park, and Munson Lake public access—all within five minutes. The lot boasts paved streets, city water hookups, and sanitary sewer and storm sewer connections, eliminating the need for well and septic system expenses. The development features mature oak trees and a scenic landscape. Future amenities include a pocket park. The city managed lot construction, and the development is planned to include 70 to 100 homes. The lot's size allows ample space for a custom home and a three-car garage or shed. The APN is 492471582. Asking price is $43,000. Zoned for single-family residential use.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.