Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    500 Marschall Rd S Shakopee, MN 55379

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Class A office building with great highway access.

    Property size:
    821 SF
    Lot size:
    2.25 Acres

    Property Features for 500 Marschall Rd S

    General Information

    Size
    821 SF
    Lot size
    2.25 Acres

    We can help!

    Listing Contact
    Ryan Krzmarzick
    Source: Moodyscre

    Listing Agent: Ryan Krzmarzick

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

    Learn more

    Property Insight Report

    Overview

    Shakopee Office/Medical/Retail Space

    This Class A building offers 821 square feet of office space. Constructed with masonry, the property is suitable for office, medical, or retail use. The building provides 27,766 square feet of space in total. There are 119 parking spaces available. The location provides access to Highways 101 and 169.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Shakopee
    County
    Scott
    State
    Minnesota
    Longitude
    -93.5088847
    Latitude
    44.7954105

    Nearby Similar for Lease

    • Contact for pricing

      Office/Warehouse Space For Lease

      Office and warehouse space for lease near Hwy 101 & 169.
      1555 Maras St, Shakopee, MN 55379
      View Details
    • Contact for pricing

      Shakopee Office/Warehouse Space Available

      Office/warehouse space with highway visibility and convenient access.
      Shakopee, MN 55379
      View Details
    • $18 SF/Yr

      Retail Space in Shakopee Plaza

      High-traffic retail space in growing Shakopee, ample parking.
      471 Marschall Rd, Shakopee, MN 55379
      View Details
    • Contact for pricing
      2,124 SF

      Downtown Shakopee Fitness Space Available

      Second generation fitness space in downtown Shakopee, 2,124 SF.
      125 Scott St N, Shakopee, MN 55379
      View Details
    • Contact for pricing
      23,708 SF

      Shakopee Warehouse Space For Lease

      Warehouse space available in Shakopee, MN, starting August 1, 2025.
      5775 E 12 Ave, 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 55379
      View Details
    • Contact for pricing
      6,665 SF

      Retail Auto Repair Building

      Single-tenant retail building suitable for auto repair, available for rent.
      1271 Tasha Dr, Shakopee, MN 55379
      View Details
    • Contact for pricing
      1,422 SF

      Retail End Cap Space Available

      1,422 SF retail space available for lease.
      8030-8048 Old Carriage Ct, Shakopee, MN 55379
      View Details
    • Contact for pricing
      2,808 SF

      New Construction Office/Retail Space

      New construction office or retail space with ample parking.
      2995 Winners Cir Dr, Shakopee, MN
      View Details
    • Contact for pricing
      3,000 SF

      Salon/Spa Space in Shakopee

      3,000 SF salon/spa space near Target and Kohls.
      1731-1759 17Th Ave E, 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 55379
      View Details
    • Contact for pricing
      17,040 SF

      Prime Retail Junior Box Opportunity

      Exceptional visibility and access in a thriving Twin Cities suburb.
      4120 Dean Lk Blvd, Shakopee, MN
      View Details

    FAQs

    What type of property is this?
    Office units - Class A office building with great highway access.
    Where is this office units located?
    The property is located at 500 Marschall Rd S Shakopee, MN.
    What are key features of this property?
    This property features: - Great access to Hwy's 101 & 169; - Class ‘A’ office building; - 119 parking spaces available
    (952) 897-7746 Call to check price and availability
    Request Owner's contact information
    500 Marschall Rd S Shakopee, MN 55379
    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.
    500 Marschall Rd S
    Shakopee, MN 55379
    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
    500 Marschall Rd S Shakopee, MN 55379
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Ryan Krzmarzick
    (952) 897-7746 (952) 897-7700
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!