Property profile

909 Cormorant Ave Detroit Lakes, MN 56501

OFF-MARKET
Office buildings
Property ID
US46-2818476
12,800 SF 2.31 ac lot Built 2014
Entity Owned 12-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2014
Total area 12,800 SF
Lot 2.31 ac (100,600 SF)
APN 490871407
UPID US46-2818476

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
  • Industrial Manufacturer Production Facility
  • Industrial Manufacturer Production Facility
  • Industrial Manufacturer Production Facility
  • Production Facility Factory

Location

909 Cormorant Ave Detroit Lakes, MN 56501-6983
Detroit Lakes metro Census 450500
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$390k
CAP Approach CAP
by Request
Comparable Approach Comparable
$719k
Blend (final) Blend
$390k

Owner & transaction history

since 2014
4 recorded transactions
2023
Price N/A
2014
Price N/A
2014
$57,000
2013
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 909 Cormorant Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message