Property profile

750 Innovation Dr Shakopee, MN 55379

FOR LEASE
Manufacturing properties
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Property ID
US46-2843804
122,138 SF 8.84 ac Built 2016
Last sale Dec 2017·$10,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

Valley Park Business Center III is a commercial business park property offering office and warehousing space in the southwest metro area. One available 48,990-square-foot suite includes 5,421 square feet of office space and provides loading capabilities. The site has access to Highway 169 and State Highway 101, with retail, restaurant, gas, and hotel amenities located nearby. The property is positioned within a business park environment with corporate users.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$399k
Tax billed · 2024
Assessed value$15.33M
Assessed land$2.65M
Assessed improvement$12.69M
Effective rate2.60%

Value estimate

· Nov 2026
$9.60M
$8.64M – $10.55M
Submarket $/SF estimate$11.59M

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$93/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$75 – $127
Qualifying comparables14

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 Service9.0
Tailor Shop8.7
Realty agency8.4

Location

750 Innovation Dr Shakopee, MN 55379
County assessor Recorded deeds · 4 transfers 14 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3880 4th E, Shakopee, MN 55379-1773 $14,650,000 May 2024 157,644 SF
1280 Disc, Shakopee, MN 55379-1863 $36,000,000 Dec 2023 397,347 SF
3350 4th E, Shakopee, MN 55379-1748 $18,900,000 Feb 2023 231,842 SF
590 Citation, Shakopee, MN 55379-1858 $2,850,000 Dec 2022 25,148 SF
4500 Vly Industrial S, Shakopee, MN 55379-1833 $6,630,000 Aug 2022 60,695 SF
587 Citation, Shakopee, MN 55379-1888 $4,000,000 May 2022 36,450 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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