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    OFF-MARKET
    Land

    2508 Adaline Ln, Detroit Lakes, MN 56501

    0.51 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.51-acre build-ready lot is situated in the desirable Three Lakes development in Detroit Lakes, Minnesota. Nestled between Long Lake, Munson Lake, and St. Clair Lake, this prime location offers a tranquil setting just minutes from downtown Detroit Lakes, Long Lake Park, and Munson Lake public access. The lot is part of a new residential development featuring paved streets, city water hookups, and sanitary sewer and storm sewer connections—eliminating the expense of a well and septic system. Lot construction was overseen by the City of Detroit Lakes, ensuring high standards. The Three Lakes development is planned to include 70 to 100 homes and will eventually feature a pocket park. This more than half-acre lot provides ample space for a custom home and a three-car garage or shed. The property's APN is 492471566, and its address is 2508 Adaline Lane, Detroit Lakes, MN 56501. The asking price is $43,000. The lot is zoned for single-family residential use. Custom home building services are available for those interested in building their dream home in this picturesque setting.

    Property profile
    Verified
    Property type Land
    Lot 0.51 ac (22,216 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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