$1,000,000
SOLD FEB 21, 2025

1255 Highway 10 NW Detroit Lakes, MN 56501

2.91 Acres
$343,643 Price per Acre
126,760 Sq Ft Lot

Recently Sold

About This Lot

As of February 2025

8 + acres of commercial development land on busy Highway 10 with high volume traffic counts. This is a perfect location for future retail or office development.

Last Agent to Sell the Property

Mike Ring

Counselor Realty Detroit Lakes Listed on: 02/17/2025

Last Buyer's Agent

Mike Ring

Counselor Realty Detroit Lakes Listed on: 02/17/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,672

Lot Details

  • Building or Site Plan Approved

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 490051505

Property Details

Property Type

Land

Est. Annual Taxes

$14,672

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Site Plan Approved
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Limited
  • Improvements: None
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Abstract,Survey

Exterior Features

  • Other Structures: Pole Building

Utilities

  • Utilities: None Connected, Electricity Available, Natural Gas Available, Sewer Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Detroit Lakes
  • SchoolDistrictNumber: 22
  • SchoolDistrictPhone: 218-847-9271

Lot Info

  • Topography: Level
  • Lot Size: 500 x 700 ireg.
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Business/Commercial
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 490051505
  • Tax Annual Amount: 14672
  • TaxWithAssessments: 14672.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2025
Closed on
Feb 19, 2025
Sold by
Sanford Medical Center Fargo and Meritcare Hospital
Bought by
Midwest Bank Of Detroit Lakes
Seller's Agent
Mike Ring
Counselor Realty Detroit Lakes
Buyer's Agent
Mike Ring
Counselor Realty Detroit Lakes
List Price
$1,000,000
Sold Price
$1,000,000
Total Days on Market
0
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.70%

Purchase Details

Closed on
Mar 26, 2015
Sold by
Sanford Medical Center Fargo
Bought by
State Of Minnesota

Purchase Details

Closed on
Feb 11, 2008
Sold by
Lindberg Edith D and Lindberg Charles C
Bought by
Meritcare Hospital

Purchase Details

Closed on
Dec 11, 2007
Sold by
American National Bank Of Minnesota
Bought by
Meritcare Hospital

Purchase Details

Closed on
Apr 18, 2005
Sold by
Grover Lindberg Distributing Inc
Bought by
American National Bank Of Minnesota
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,000,000 None Listed On Document
Quit Claim Deed $85,500 None Available
Quit Claim Deed -- None Available
Limited Warranty Deed $1,250,000 None Available
Quit Claim Deed $1,535,121 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 Pending -- -- --
06/11/2025 06/11/25 For Sale $1,200,000 +20.0% --
02/21/2025 02/21/25 Sold $1,000,000 0.0% --
02/17/2025 02/17/25 Pending -- -- --
02/17/2025 02/17/25 For Sale $1,000,000 -- --
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,672 $673,700 $664,900 $8,800
2024 $14,672 $673,600 $664,900 $8,700
2023 $13,878 $592,900 $579,400 $13,500
2022 $14,908 $575,900 $562,400 $13,500
2021 $14,902 $575,900 $562,400 $13,500
2020 $15,252 $575,900 $562,400 $13,500
2019 $16,854 $575,900 $562,400 $13,500
2018 $15,646 $573,900 $562,400 $11,500
2017 $15,482 $606,800 $585,100 $21,700
2016 $15,366 $551,600 $531,900 $19,700
2015 $17,024 $596,800 $577,900 $18,900
2014 -- $597,300 $577,900 $19,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6672009

NorthstarMLS

APN: R490051505