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1240 Randolph rd 47,000 SF 100% Leased Industrial Building Detroit Lakes, MN 56501 $8,212,380 CAD ($174.73 CAD/SF)
Investment Highlights
- Heavy traffic area right off main highway
Executive Summary
Seller may carry and is open to creative finance and terms. Here is your chance to own a PRIME piece of real estate just off Highway10 in Detroit Lakes! This listing is for 3 parcels totaling over 80 acres! This site offers excellent potential for commercial, multi-family, mixed-use or other development opportunities that support the continued growth of Detroit Lakes. The center parcel contains 10 buildings with a total of approx 47,000 sq ft of space. The northern parcel is approx 50 acres of development property within city limits. Located directly off of Randolph Rd and Highland Dr you will have amazing accessibility and visibility. City water, sewer, and natural gas are available on site. As you know, large, contiguous development opportunities like this are rarely available in Detroit Lakes. Do not wait on this one. Schedule your showing today!
Property Facts
| Price | $8,212,380 CAD | Lot Size | 80.00 AC |
| Price Per SF | $174.73 CAD | Rentable Building Area | 47,000 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1993 |
| Property Subtype | Warehouse | Opportunity Zone |
Yes
|
| Building Class | F | ||
| Zoning | Commercial - Commercial and Residential | ||
| Price | $8,212,380 CAD |
| Price Per SF | $174.73 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | F |
| Lot Size | 80.00 AC |
| Rentable Building Area | 47,000 SF |
| No. Stories | 1 |
| Year Built | 1993 |
| Opportunity Zone |
Yes |
| Zoning | Commercial - Commercial and Residential |
Property Taxes
| Parcel Number | R490107005 | Improvements Assessment | $721,047 CAD |
| Land Assessment | $633,859 CAD | Total Assessment | $1,354,906 CAD |
Property Taxes
Parcel Number
R490107005
Land Assessment
$633,859 CAD
Improvements Assessment
$721,047 CAD
Total Assessment
$1,354,906 CAD
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1240 Randolph rd
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