Pelican Rapids, MN
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    Pelican Rapids, MN Recreation Land for Sale

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    Vergas, MN Detroit Lakes, MN Dent, MN
    Franklin Lake Shoreline Lot
    $225,000
    5.10 Acres

    Franklin Lake Shoreline Lot

    Pelican Rapids, MN 56572

    150 feet of shoreline on a top fishing lake.

    • 150 Feet of Franklin Lake Shoreline
    • Franklin Lake is a Top Fishing Lake
    • Suitable for Tubing, Skiing, and Pontooning
    • Close to Detroit Lakes (Less Than 20 Minutes)
    • Close to F‑M Area (About 50 Minutes)
    Updated: Jun 8, 2025
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Pelican Rapids, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Menahga Acreage with Shop Space
    $445,000
    2,500 SF

    Menahga Acreage with Shop Space

    23+ acre property with shouse, garages, and recreational space.

    32738 US71, Menahga, MN 56464
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    Recreational Land with Bunk House
    $259,900
    40.00 Acres

    Recreational Land with Bunk House

    40-acre recreational land with living quarters near Huntersville, MN.

    36046 229th Avenue, Menahga, MN 56464
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    123 Acres Wooded Land
    $2,100,000
    123.09 Acres

    123 Acres Wooded Land

    Large wooded land with shoreline, cabins, and recreational trails.

    24965 Hammock Trail, Park Rapids, MN 56470
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    80 Acres Recreational Land
    $299,900
    80.00 Acres

    80 Acres Recreational Land

    Recreational property with pond, trails, and hunting amenities.

    55000 Kueber Road, Park Rapids, MN 56470
    View details

    Pelican Rapids, MN Recreation Land Investment Opportunities Market Analysis

    Explore 1 recreation land for sale in Pelican Rapids, MN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $225,000.

    Sale prices for recreation land in Pelican Rapids, MN start at $225,000, averaging $225,000, and reaching up to $225,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Residential land & home lots 37
    Commercial land 1
    Recreation land 1

    Demographics Overview

    Population 5,900
    Population Growth (5Y) +11.1%
    Median Household Income $83,631
    College Educated 38.4%

    High-Yield Neighborhoods for Investment

    Identify Pelican Rapids submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    56572 $225K

    Taxes & Financing

    Tax Rate (average for all types) 2.80%
    Property Tax per SF $22.30 per sq ft
    Tax Rate vs County Average 0.53 pp above county avg
    Average Loan-to-Value 65.0%

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