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500 Marschall Rd, Shakopee, MN 55379
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Property summary
AI-generated overview
The property is a Class A commercial building constructed with masonry, providing a total of 27,766 square feet of space and including an office suite of 821 square feet. The building is configured for office use and is also suitable for medical or retail uses. It offers 119 parking spaces and is located with access to Highways 101 and 169.
Property profile
Verified
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2004
Total area
30,418 SF
Lot
2.27 ac (98,881 SF)
APN
27-178002-1
UPID
US46-0579369
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
-
Alternative Medicine Practice
-
Financial Advisor
-
Insurance Agency
-
Medical Clinic Alternative Medicine Practice
-
Medical Clinic Alternative Medicine Practice
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.97M
CAP Approach
CAP
$4.49M
Comparable Approach
Comparable
$3.38M
Blend (final)
Blend
$4.05M
Owner & transaction history
since 2023
Last sale
$4.0M
4 recorded transactions
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
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Summary
1
Valuation conclusion
Included free
Estimated market value
$4.05M
Value range
$3.64M – $4.45M
±10% around blend
Estimated value / SF
$133 / SF
Confidence
Property data
75
Market benchmarks
100
Comparable evidence
60
Income certainty
100
$3.64M
blend $4.05M
$4.45M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
30,418 SF
Lot area
2.27 ac
Year built
2004
APN
27-178002-1
Assessed value
$3,500,000
Annual tax
$94,658
3
Income approach: direct capitalization
Partial preview
Income approach indication
$4.49M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$4.86M
@ 6.5% CAP return
$4.49M
@ 7% CAP return
$4.17M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$94,658
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$3.38M
Range $2.70M – $7.50M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$4.05M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 27 sales
$178
-25%
Submarket 69 sales
$151
-12%
County 111 sales
$135
-1%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $133/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
7.20%
Selected cap rate for this other commercial real estate
Derived from the Shakopee market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 7.20%
9.0%
NOI (est.)
$37k *
Last sale · Dec 2023
$4.00M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$509k
Move the market yield to see immediate price impact.
Value / SF
$17
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
6.70%7.20%7.70%
$33k
$492k
$458k
$428k
$37k
$547k
$509k
$476k
$40k
$601k
$559k
$523k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$94,658
Tax year 2024
Assessed value
$3,500,000
Assessed 2024
Previous assessed
$5,006,400
-30.1% YoY
Effective rate
2.70%
On assessed value
Assessed land
$1,100,000
Assessed improvement
$2,400,000
Land market value
$1,100,000
Improvement market value
$2,400,000
Total market value
$3,500,000
Applied tax rate
2,204.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
2004
Heating
NONE
Total area
30,418 SF
Lot
2.27 ac (98,881 SF)
APN
27-178002-1
UPID
US46-0579369
Jurisdiction
SCOTT
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Building & site characteristics
From public records
Year built
2004
Heating
NONE
Lot
2.27 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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