Shakopee, MN Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Shakopee, Minnesota Market population: 45K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Shakopee MN Properties: 1.1700%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Shakopee MN
Common questions from investors exploring commercial real estate in Shakopee MN.
What makes Shakopee, MN a stable investment market?
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The city's median household income of $88,347, combined with a relatively low poverty rate of 6% and high health insurance coverage of 96%, suggests a strong and stable market with a high quality of life, ideal for attracting and retaining tenants.
How does the city's ethnic diversity impact market demand?
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The diverse population with top ethnicities including White, Asian, and Hispanic, along with a foreign-born rate of 11%, indicates a culturally rich and vibrant community, which can drive demand for housing and support local businesses, particularly in the retail and healthcare industries.
What are the key factors influencing commute times and infrastructure in Shakopee, MN?
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The average commute time of 25.5 minutes, with top commute methods including driving alone, carpooling, and public transportation, suggests a well-developed infrastructure, while the employed population of 26,691 and top industries like healthcare and manufacturing contribute to a strong job market, making the city an attractive location for workers and investors alike.
How does the city's socioeconomic profile impact property values and taxes?
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The median property value of $293,400 and median property taxes of $3,440, considered in the context of a median household income of $88,347 and a gini coefficient of 0.38, indicate a relatively affluent community with a moderate level of income inequality, which can support higher property values and taxes, but also presents opportunities for investors to capitalize on the demand for housing.
What role do health insurance rates and poverty levels play in assessing tenant quality and market stability?
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The high health insurance rate of 96% combined with a low poverty rate of 6% suggests a market with a high level of employment stability and access to healthcare, which can contribute to a lower risk of tenant default and support a stable rental market, making Shakopee, MN an attractive location for real estate investors seeking reliable returns.
Shakopee MN Real Estate & City Facts
Key facts and real estate information about Shakopee MN.
What are some of the best neighborhoods to live in Shakopee?
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Some of the best neighborhoods to live in Shakopee include West Shakopee and areas in the southeast parts of the city. These neighborhoods are known for being quiet, family-friendly, and convenient. However, it's worth noting that the most desired areas tend to be in the southeast, while more affordable homes can be found in the northeast regions.
What are some fun things to do in Shakopee?
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There are plenty of fun things to do in Shakopee, including visiting Canterbury Park for live horse racing and trackside dining, trying your luck at Mystic Lake Casino, and exploring the Minnesota Landscape Arboretum. You can also check out the Minnesota Valley National Wildlife Refuge, Valleyfair, and The Landing - Minnesota River Heritage Park. Additionally, there are plenty of great restaurants and bars in the area, such as Wampach's Restaurant and Turtle's Bar & Grill.
What is the food scene like in Shakopee?
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The food scene in Shakopee is diverse and exciting, with a range of restaurants serving everything from American diner food to sushi and Japanese cuisine. Some popular spots include Wampach's Restaurant, Bravis, and Turtle's Bar & Grill. There are also plenty of great food trucks and casual eateries, such as Pizza Man and Subway. If you're looking for something unique, you might want to try Mr. Pigs Smokery or Mana Brewing.
What are the pros and cons of living in Shakopee?
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One of the pros of living in Shakopee is its convenient location and family-friendly atmosphere. The city also has a growing population and a range of amenities, including restaurants, shops, and entertainment options. However, some cons include the fact that the city is still developing and some areas may be more affordable than others. Additionally, traffic and commute times can be a challenge, especially during rush hour. Overall, Shakopee is a great option for those looking for a suburban lifestyle with easy access to the Twin Cities.
Is Shakopee a good place to live?
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Shakopee can be a great place to live, depending on your individual needs and preferences. The city offers a range of amenities, including parks, restaurants, and entertainment options, and is conveniently located near the Twin Cities. However, it's worth considering factors such as commute time, affordability, and personal lifestyle when deciding whether Shakopee is the right fit for you. Overall, Shakopee is a growing and vibrant community that may be an excellent choice for families, young professionals, and anyone looking for a suburban lifestyle with easy access to urban amenities.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Shakopee MN Commercial Property: $88,347
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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