Property profile

816 Washington Ave Detroit Lakes, MN 56501

OFF-MARKET
Retail space
Property ID
US46-2327486
5,250 SF 0.08 ac lot Built 1925
Individually Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1925
Construction WOOD
Total area 5,250 SF
Lot 0.08 ac (3,391 SF)
APN 490965000
UPID US46-2327486

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
  • Real Estate Agency

Location

816 Washington Ave Detroit Lakes, MN 56501-3014
Detroit Lakes metro Census 450500
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2014
1 recorded transaction
2014
$156,330

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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