Financial
Distress signals
Property profile

612 1st E Ave Shakopee, MN 55379

OFF-MARKET
Commercial real estate
Property ID
US46-0932611
4,180 SF 0.71 ac lot Built 1989
Last sale Dec 2025 · $1,550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$15k
Tax billed · 2024
Assessed value$760k
Assessed land$333k
Assessed improvement$427k
Effective rate2.00%

Value estimate

· Sep 2026
$560k
$504k – $616k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$178/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$89 – $247
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSCOTT

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.8
Parking Facility10.6
Convenience Store10.5

Location

612 1st E Ave Shakopee, MN 55379-1506
County assessor Recorded deeds · 8 transfers 7 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
124 1st W, Shakopee, MN 55379-1308 $365,000 Apr 2024 3,927 SF
507 1st E, Shakopee, MN 55379-1503 $250,000 Jan 2023 4,940 SF
403 1st E, Shakopee, MN 55379-1439 $730,000 Dec 2022 3,332 SF
911 1st E, Shakopee, MN 55379-1604 $420,000 Dec 2022 6,480 SF
8021 Old Carriage, Shakopee, MN 55379-3157 $1,386,000 Feb 2022 4,023 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 612 1st E Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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