2515 Adaline Ln, Detroit Lakes, MN 56501
This 0.6-acre build-ready lot is situated in the Three Lakes development, a scenic residential area nestled between Long Lake, Munson Lake, and St. Clair Lake within Detroit Lakes city limits. The lot features city water, sewer, and storm sewer connections, eliminating the need for a well or septic system. Paved streets with curb and gutter are already in place. Enjoy the convenience of proximity to downtown Detroit Lakes, Long Lake Park, and Munson Lake public access. This new development boasts over half-acre lots, providing ample space for a custom home and potentially a three-car garage or shed. Future amenities planned for the community include a pocket park. The development is projected to include 70 to 100 homes. The lot is zoned for single-family residential use and has an APN of 492471584. The asking price is $43,000.
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
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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.