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Property profile & analytics
OFF-MARKET
Commercial real estate
18776 Us Hwy 59 Detroit Lakes, MN 56501-7922
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US46-2619425
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1964
Construction
STEEL FRAME
Total area
2,624 SF
Lot
0.91 ac (39,640 SF)
Zoning code
COMMERCIAL
APN
80356000
UPID
US46-2619425
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
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Sarah R Bachmann Revocable Living T · 1 yrs held
Sarah R Bachmann Revocable Living T
since 2024
Last sale
$52,500
4 recorded transactions
Zoning & alternative use
COMMERCIAL · Detroit Lakes, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Detroit Lakes submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Detroit Lakes submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,506
Tax year 2023
Assessed value
$180,700
Assessed 2023
Previous assessed
$161,500
+11.9% YoY
Effective rate
1.39%
On assessed value
Assessed land
$51,000
Assessed improvement
$129,700
Land market value
$51,000
Improvement market value
$129,700
Total market value
$180,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1964
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Total area
2,624 SF
Lot
0.91 ac (39,640 SF)
Zoning code
COMMERCIAL
APN
80356000
UPID
US46-2619425
Jurisdiction
BECKER
Zoning & alternative use
COMMERCIAL · Detroit Lakes, MN
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Detroit Lakes, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Detroit Lakes. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Lot
0.91 ac
Current owner
From public records · entity-resolved
Sarah R Bachmann Revocable Living T
Individual
Mailing address
13298 COUNTY RD 115, FRAZEE, MN 56544-8525
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2024
—
Sarah R Bachmann Revocable Living T
Sarah R Bachmann
Transfer On Death Deed
related
—
Feb 19, 2019
—
Bradley W Bachmann
—
Deed
related
$50,000 · Midwest Bank
Apr 19, 2017
—
Bradley W Bachmann
—
Deed
related
$72,000 · Midwest Bank
Oct 17, 2016
—
Bradley W Bachmann
—
Deed
related
$40,000 · Midwest Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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