Financial
Distress signals
Property profile

990 Hwy 10th Wus Detroit Lakes, MN 56501

OFF-MARKET
Turn key restaurants
Property ID
US46-2304131
5,180 SF 1.5 ac lot Built 1979
Last sale Dec 2024 · $835,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A Perkins-branded breakfast restaurant building is located on the southwest corner of U.S. Highways 10 and 59 in Detroit Lakes, Minnesota, positioned along the frontage road serving nearby retail uses including a Walmart Supercenter and Menards, with adjacent properties such as Americas Best Value Inn & Suites and the Detroit Lakes Exam Station. The site is in a commercial corridor with surrounding businesses including KFC, Taco John’s, Anytime Fitness, US Bank, JCPenney, Wells Fargo, Burger

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$18k
Tax billed · 2023
Assessed value$773k
Assessed land$382k
Assessed improvement$391k
Effective rate2.38%

Value estimate

· Sep 2026
$835k
$752k – $919k
AI approach$835k
Sales comparison$559k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBECKER

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office9.9
HVAC Service9.9
Wholesale Shop9.8

Location

990 Hwy 10th Wus Detroit Lakes, MN 56501-2210
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1743 Long Brg, Detroit Lakes, MN 56501-4628 $600,000 Apr 2025 5,064 SF
Detroit Lakes, MN 56501 $16,666,667 Nov 2024 3,240 SF
18550 Us Hwy 59, Detroit Lakes, MN 56501-7920 $6,200,000 Sep 2022 3,264 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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