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    OFF-MARKET
    Land

    2511 Adaline Ln, Detroit Lakes, MN 56501

    0.57 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 0.57 ac (24,829 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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