Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Shakopee Warehouse/Office End-Cap Space Title is generated by Realmo AI

    750 Innovation Drive, Shakopee, MN 55379

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Premier SW metro location, state-of-the-art office/warehousing opportunity.

    Type:Industrial
    Property size:
    48,990 SF
    Added:
    Nov 22, 2025
    Days on Market:
    180
    Last Refresh:
    May 19 at 8:45 pm

    Property Features for 750 Innovation Drive

    General Information

    Standard status
    Active
    Size
    48,990 SF
    Property subtype
    Industrial

    Spaces For Lease

    at 750 Innovation Drive Contact us

    We can help!

    Listing Contact
    Matt Oelschlager

    Listing agent Matt Oelschlager

    Listing office

    Listing date Nov 22, 2025

    Source Cbre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Matt Oelschlager

    HighLights

    • Premier end‑cap space
    • State‑of‑the‑art office/warehousing opportunity
    • Located in a premier SW metro location
    • 48,850 SF suite available
    • 5,421 SF of Class A office space already constructed
    • Last remaining opportunity in the building

    Overview

    Valley Park Business Center III presents a state-of-the-art office and warehousing opportunity situated in a prominent southwest metro location. The available suite encompasses 48,850 square feet and represents the last remaining space within the building, offering a premier end-cap location. The suite includes 5,421 square feet of Class A office space, already constructed, with the flexibility for tenants to incorporate their desired finishes. The property is located in Shakopee, Minnesota.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • LI Group — 1150 Gateway Dr, Shakopee, MN 55379

    Location Insight

    • Map
    • Local Demand
    City
    Shakopee
    County
    Scott
    State
    Minnesota
    Longitude
    -93.5146
    Latitude
    44.7514

    Nearby Similar for Lease

    • $168 SF/Yr
      4,125 SF

      Downtown Shakopee Mixed-Use Building

      Versatile commercial building in downtown Shakopee, suitable for various uses.
      230 1st Ave E, Shakopee, MN 55379
      View Details
    • $22 SF/Yr
      4,080 SF

      New Office Space For Rent

      Modern office space in vibrant Winners Circle Development.
      2941 Winners Cir Dr, Shakopee, MN
      View Details
    • $12 SF/Yr
      17,040 SF

      Prime Retail Junior Box Opportunity

      Exceptional visibility and access in a thriving Twin Cities suburb.
      4120 Dean Lakes Blvd, Shakopee, MN
      View Details
    • Contact for pricing
      6,665 SF

      Retail Auto Repair Building

      Former Big O Tires available for sublease.
      1271 Tasha Blvd, Shakopee, MN 55379
      View Details
    • Contact for pricing
      13,280 SF

      Retail Power Center For Rent

      Retail power center with great visibility and convenient highway access.
      1667 17th Ave E, Shakopee, MN 55379
      View Details
    • $5 SF/Yr
      40,713 SF

      80,000 SF Industrial Building

      80,000 SF building with 19’ clear height.
      5288 Valley Industrial Boulevard South, Shakopee, MN, 55379
      View Details
    • Contact for pricing

      Retail Property in Shakopee

      Retail space available for lease in Shakopee, Minnesota.
      8090 Old Carriage Ct | Shakopee, MN 55379
      View Details
    • Contact for pricing
      1,773 SF

      Retail Space Available For Lease

      1,773 SF in-line retail space available for immediate occupancy.
      8062-8088 Old Carriage Ct, Shakopee, MN
      View Details
    • Contact for pricing

      Shakopee Office/Warehouse Space Available

      Office/warehouse space with highway visibility and convenient access.
      Shakopee, MN 55379
      View Details
    • Contact for pricing
      38,513 SF

      Shakopee Distribution Center Opportunity

      32' clear bulk warehouse in prime Shakopee location.
      804 Valley Park Drive South, Shakopee, MN, 55379
      View Details
    • Contact for pricing
      2,304 SF

      Shakopee Warehouse with Cranes

      Warehouse space with cranes, office, and highway access.
      7480 County Rd 101, Shakopee, MN
      View Details
    • Contact for pricing
      75,000 SF

      Retail Space Near Major Retailers

      Retail opportunity with high visibility and strong traffic counts.
      1701 County Road 18, Shakopee, MN
      View Details

    FAQs

    What type of property is this?
    Warehouse - Premier SW metro location, state-of-the-art office/warehousing opportunity.
    Where is this warehouse located?
    The property is located at 750 Innovation Drive Shakopee, MN.
    What are key features of this property?
    This property features: Premier end‑cap space; State‑of‑the‑art office/warehousing opportunity; Located in a premier SW metro location
    (952) 924-4848
    We can help!
    Listing Contact
    Matt Oelschlager
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    750 Innovation Drive, Shakopee, MN, 55379
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!