Property profile

491 Citation Dr Shakopee, MN 55379

OFF-MARKET
Manufacturing properties
Property ID
US46-0043792
14,144 SF 1.92 ac lot Built 1998
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1998
Total area 14,144 SF
Lot 1.92 ac (83,635 SF)
APN 27-144001-0
UPID US46-0043792

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company

Location

491 Citation Dr Shakopee, MN 55379-7748
Shakopee metro Census 80304 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.81M
CAP Approach CAP
$2.37M
Comparable Approach Comparable
$1.80M
Blend (final) Blend
$1.76M

Owner & transaction history

since 2023
Last sale
$1.9M
4 recorded transactions
2023
$1.9M
2019
Price N/A
2018
Price N/A
2005
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $2.5M +90.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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 491 Citation Dr?
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