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
Entity Owned Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1989
Total area 4,180 SF
Lot 0.71 ac (30,928 SF)
APN 27-004012-0
UPID US46-0932611

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
  • Auto Repair Shop

Location

612 1st E Ave Shakopee, MN 55379-1506
Shakopee metro Census 80400 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$560k

Owner & transaction history

since 2025
Last sale
$1.6M
7 recorded transactions
2025
$1.6M
2023
Price N/A
2022
$600,000
2013
$400,000
2008
Price N/A
2007
Price N/A
2007
Price N/A

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
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