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    Justin Polston, Shelbyville, IN

    License ID: RB14043542
    Years of Experience
    17

    Service Locations

    Contact details

    Phone:
    (317) 364-1106
    Office Address:
    126 E. Washington St., Shelbyville, IN 46176

    Property Types

    • Commercial Lease
    • Commercial Sale
    • Land

    Performance

    Listings
    7
    Total transactions
    94
    Total transactions amount
    $13M
    Price range
    $725 - 400k
    Average price
    $138k

    Listings

    For Sale (5)

    View map
    • $574,900
      6,960 SF

      Downtown Shelbyville Investment Opportunity

      Three fully leased storefronts with value-add residential space.
      12 S Harrison St, Shelbyville, IN 46176
      View Details
    • Contact for pricing
      0.26 Acres

      Residential Lots in Shelbyville, IN

      Residential lots available in Shelbyville, Indiana.
      Lt4 Hasecuster Ln, Shelbyville, IN 46176
      View Details
    • Contact for pricing
      0.21 Acres

      Residential Lots in Shelbyville, IN

      Residential lots available for sale, build to suit.
      Lt2 Hascuster Ln, Shelbyville, IN 46176
      View Details
    • Contact for pricing
      0.23 Acres

      Residential Lots in Shelbyville, IN

      Residential lots available for sale in Shelbyville, Indiana.
      Lt3 Hasecuster Ln, Shelbyville, IN 46176
      View Details
    • $900,000
      0.51 Acres

      Commercial Property on State Road

      Investment potential for commercial development on a major thoroughfare.
      13 W Rampart Rd, Shelbyville, IN 46176
      View Details

    For Lease (2)

    View map
    • $195 SF/Yr
      12,000 SF

      Unique Downtown Shelbyville Office Space

      Shared and private office memberships available in downtown Shelbyville.
      110 S Harrison St, Shelbyville, IN 46176
      View Details
    • $3,900 /Mo
      12,000 SF

      Office Space in Historic Lofts

      Office floor with private offices, lab, conference, and breakroom.
      110 S Harrison St, Shelbyville, IN 46176
      View Details

    Leases and Sales on Map

    • For Sale
    • For Lease

    Properties for sale

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    Justin Polston, Shelbyville, IN
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    Justin Polston, Shelbyville, IN
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