Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    4540 Tower St SE Prior Lake, MN 55372

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,750,000

    21,588 SF office building with 2,700 SF storage/garage.

    Property size:
    21,588 SF
    Lot size:
    2.66 Acres

    Property Features for 4540 Tower St SE

    General Information

    Size
    21,588 SF
    Lot size
    2.66 Acres

    Source: Cerron Commercial Properties Agent Rebecca Zweber

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

    Overview

    Former School District Office Building

    The former Prior Lake–Savage School District Office Building is available for sale. The building has an approximate area of 21,588 square feet, plus an additional storage/garage building of approximately 2,700 square feet, situated on an approximately 2.66-acre site. The layout includes over 29 offices, 6 conference rooms, 3 sets of restrooms, and 1 kitchenette. It features 2 secure entrances with vestibules. The property is located just south of the Post Office and is close to retail, fast food, and Hwy 13. It is identified by Scott County PID# 250220050. The property will be available in June 2026.
    Location Intelligence

    Current Use by Public Records

    Laker Educational Foundation Foundation Prior Lake-Savage Area ... School District Office Kids' Company After School Program

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Prior Lake
    County
    Scott
    State
    Minnesota
    Longitude
    -93.427835
    Latitude
    44.7039021

    Nearby Similar for Sale

    • $415,000

      Prior Lake End Unit Townhome

      Custom-built townhome in Pheasant Meadow with single-level living.
      17080 Pheasant Meadow Ln SW, Prior Lake, MN 55372
      View Details
    • Contact for pricing
      7,797 SF

      Drive-Through ATM in Retail Center

      Second generation drive-through ATM in Shakopee, MN for sale.
      4041-4061 Dean Lakes Blvd, Prior Lake, MN 55379
      View Details
    • $2,500,000
      19,962 SF

      Prior Lake Office Building For Sale

      Well-maintained office building in growing Prior Lake area.
      5505 Cottonwood Ln SE, Prior Lake, MN 55372
      View Details
    • $349,900
      2,270 SF

      Updated Home with Pond View

      Updated home with pond view, designed for comfort and style.
      14290 Brookmere Blvd NW, Prior Lake, MN 55372
      View Details
    • $270,000
      1,395 SF

      Well-Maintained Townhome in Deer Field

      Bright, updated 2BR/2BA townhome near Prior Lake's downtown area.
      17365 River Birch Pl, Prior Lake, MN 55372
      View Details
    • $2,575,000

      Restaurant Investment Opportunity

      Restaurant property for sale in Shakopee, Minnesota.
      4041 Dean Lakes Blvd, Prior Lake, MN 55379
      View Details

    FAQs

    What type of property is this?
    Office building - 21,588 SF office building with 2,700 SF storage/garage.
    Where is this office building located?
    The property is located at 4540 Tower St SE Prior Lake, MN.
    What is the asking price?
    The asking price for this property is $2,750,000.
    What are key features of this property?
    This property features: - Approx. 21,588 SF Building plus approx. 2,700 SF Storage/Garage Building on Approx. 2.66 Acre Site; - 29+ Offices and 6 Conference Rooms; - Located close to retail, fast food, and Hwy 13
    (952) 240-6090
    Request Owner's contact information
    4540 Tower St SE Prior Lake, MN 55372
    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.
    4540 Tower St SE
    Prior Lake, MN 55372
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    4540 Tower St SE Prior Lake, MN 55372
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.