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Property profile & analytics
OFF-MARKET
Estimated value
$1,145,000
Manufacturing properties
2915 133rd W St, Shakopee, MN 55379-9281
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US46-0654163
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1982
Total area
12,710 SF
Lot
1.84 ac (80,150 SF)
Zoning code
C-1
APN
07-922002-1
UPID
US46-0654163
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$991k
Blend (final)
Blend
$1.15M
Owner & transaction history
2915 133rd LLC · 4 yrs held
2915 133rd LLC
since 2022
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
C-1 · Shakopee, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Shakopee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shakopee submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,080,000
ML approach
$1,190,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,185,000
Current use
Blend value · Realmo final
$1.15M
Range $1.03M – $1.26M · ±10% · vs last sale $1.15M (Apr 8 2022)
Last sale anchor
$1.15M
Apr 8 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$90 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$29,024
Tax year 2024
Assessed value
$1,311,500
Assessed 2024
Previous assessed
$1,285,800
+2.0% YoY
Effective rate
2.21%
On assessed value
Assessed land
$209,800
Assessed improvement
$1,101,700
Land market value
$209,800
Improvement market value
$1,101,700
Total market value
$1,311,500
Applied tax rate
904.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1982
Heating
FORCED AIR
Cooling
REFRIGERATOR
Bathrooms
2
Total area
12,710 SF
Lot
1.84 ac (80,150 SF)
Zoning code
C-1
APN
07-922002-1
UPID
US46-0654163
Jurisdiction
SCOTT
Zoning & alternative use
C-1 · Shakopee, MN
Zoning C-1 · permitted uses
C-1 · Shakopee, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shakopee. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.2M
INDUSTRIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1982
Heating
FORCED AIR
Cooling
Yes
Bathrooms
2
Lot
1.84 ac
Current owner
From public records · entity-resolved
2915 133rd LLC
Entity
Mailing address
2915 133RD ST W, SHAKOPEE, MN 55379-9281
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2022
$1,150,000
2915 133rd LLC
Properties Of T & L LLC
Warranty Deed
$882,000 · Reliance Bank
Jun 21, 2021
—
Properties Of T&l LLC
—
Deed
related
$314,000 · Twin Cities Metro Cerified Development
Mar 9, 2021
$700,000
Properties Of T & L LLC
Edwards Vacuum LLC
Limited Warranty Deed
$385,000 · Sterling State Bank
Mar 9, 2021
—
Properties Of T & L LLC
—
Deed
related
$308,000 · Sterling State Bank
Sep 11, 2013
$760,000
Edwards Vacuum INC
Gamma Properties LLC
Warranty Deed
—
Dec 12, 2005
$775,000
Gamma Vacuum LLC
Thiesfeld,peter A & Suzanne C
Warranty Deed
—
Dec 12, 2005
—
Peter A Thiesfeld
Peter Allen Co INC
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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