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    Property profile & analytics

    18550 Us Hwy 59 Detroit Lakes, MN 56501-7920

    • Retail space
    • 3,264 SF
    • 2.00 lot acres
    OFF-MARKET
    Value Estimation
    $5,105,000
    Last Sale
    Sep 28, 2022
    $6,200,000
    Location Intelligence
    Property ID
    US46-2793662
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 18550 Us Hwy 59

    Year built
    1974
    Lot size
    2.00 lot acres
    Property size
    3,264 SF
    Zone code
    COMMERCIAL
    Property type
    Retail space
    APN
    80363000
    APU
    80363000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Detroit Lakes
    County
    Becker
    State
    Minnesota
    Longitude
    -95.8621
    Latitude
    46.8408

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,662
    $58,200
    $368,900
    $427,100
    -
    $58,200
    $368,900
    $427,100

    Comparable in this City

    • Value Estimation
      $695,000
      8,500 SF

      1008 Washington Ave

      RETAIL STORES (PERSONAL SERVICES) • 8,500 SF
      1008 Washington Ave, Detroit Lakes, MN 56501-3414
      View Details
    • Value Estimation
      $225,000
      4,166 SF

      514 Lk Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,166 SF
      514 Lk Ave, Detroit Lakes, MN 56501-3027
      View Details
    • Value Estimation
      $275,000
      1,050 SF

      609 Shr Dr

      RETAIL STORES (PERSONAL SERVICES) • 1,050 SF
      609 Shr Dr, Detroit Lakes, MN 56501-4826
      View Details
    • Value Estimation
      $485,000
      7,700 SF

      822 Washington Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,700 SF
      822 Washington Ave, Detroit Lakes, MN 56501-3014
      View Details
    • Value Estimation
      $80,000
      1,500 SF

      611 Washington Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,500 SF
      611 Washington Ave, Detroit Lakes, MN 56501-3009
      View Details
    • Value Estimation
      $215,000
      2,950 SF

      831 Washington Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,950 SF
      831 Washington Ave, Detroit Lakes, MN 56501-3013
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
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    Detroit Lakes, MN 56501-7920
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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