Property profile

807 Washington Ave Detroit Lakes, MN 56501

OFF-MARKET
Retail space
Property ID
US46-2238389
5,950 SF 0.07 ac lot Built 1914
Individually Owned 14-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1914
Construction WOOD
Total area 5,950 SF
Lot 0.07 ac (3,125 SF)
APN 490949000
UPID US46-2238389

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon

Location

807 Washington Ave Detroit Lakes, MN 56501-3013
Detroit Lakes metro Census 450500
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2011
2 recorded transactions
2011
Price N/A
2011
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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