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    Shelbyville, IN Commercial Land for Sale

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    Fairland, IN Waldron, IN Homer, IN
    11 listings
    Prime Location Land For Sale
    $696,900
    1.00 Acre
    Prime Location Land For Sale

    1007 North Riley Highway, Shelbyville, IN 46176

    One acre of land in a high-traffic location.
    • Prime location
    • High traffic count
    • 1 ac lot
    Updated: May 11
    View details
    Prime Land with High Visibility
    $1,250,000
    10.00 Acres
    Prime Land with High Visibility

    West 400 North, Shelbyville, IN

    10-acre commercial land parcel with C2 zoning in Shelbyville, IN.
    • Prime location with high visibility from I‑74 and Fairland Rd. (400 N).
    • C2 zoning allows for a variety of uses: retail, commercial, office/service, eating establishments, and more.
    • Located in a fast‑growing area with significant development potential.
    • 10‑acre parcel.
    • Close proximity to Horseshoe Indianapolis Casino and Horse Track.
    Updated: Jan 9, 2025
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    Prime Commercial Land I-74 Visibility
    $1,450,000
    10.00 Acres
    Prime Commercial Land I-74 Visibility

    10 acre commercial land parcel with high I-74 visibility.

    W 400 N, Shelbyville, IN 46176

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    Land on State Road 44
    Contact for pricing
    0.31 Acres
    Land on State Road 44

    Land with high visibility, near I-74, cross-access agreement.

    E State Rd 44, Shelbyville, IN

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    62 Acre Industrial Development Site
    $4,009,200
    61.68 Acres
    62 Acre Industrial Development Site

    62 acre industrial development site with utilities and highway access.

    2115 W 300 N, Shelbyville, IN

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    Shelbyville Land Near I-74
    $6,110,000
    94.00 Acres
    Shelbyville Land Near I-74

    Level land site near I-74 and Highway 9.

    N west 350, Shelbyville, IN

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    Prime Land with High Visibility
    $1,900,000
    10.00 Acres
    Prime Land with High Visibility

    10-acre commercial land parcel in fast-growing area.

    W 400 N, Shelbyville, IN 46176

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    Commercial Land Near I-74
    Contact for pricing
    7.53 Acres
    Commercial Land Near I-74

    Commercial land for sale near I-74 in Shelbyville, IN.

    325 Duran Dr, Shelbyville, IN

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    Prime Shelbyville Commercial Land Opportunity
    $450,000
    1,800 SF
    Prime Shelbyville Commercial Land Opportunity

    1.2 acre commercial lot in desired Shelbyville location.

    1837 E Michigan Road, Shelbyville, IN 46176

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    Shelbyville Land Parcel For Sale
    $120,000
    Shelbyville Land Parcel For Sale

    Two lots, previously parking, suitable for redevelopment.

    Eastern Ave, Shelbyville, IN 46176

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    Shelbyville Land Parcel For Sale
    Contact for pricing
    13.00 Acres
    Shelbyville Land Parcel For Sale

    Over 13 acres of commercially zoned land near I-74.

    44 East Dr, Shelbyville, IN 46176

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 11 Active listings in Shelbyville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Commercial Land with Retail Building
    $299,000
    3.00 Acres
    Commercial Land with Retail Building

    General Commercial site on a high-traffic corridor with an existing retail building and substantial road frontage.

    3480 S Us 31, Franklin, IN 46131

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    Centrally Located Commercial Vacant Lot
    Contact for pricing
    0.16 Acres
    Centrally Located Commercial Vacant Lot

    Vacant commercial-zoned lot next to a general store and post office, suitable for business or home site.

    2194 N 700 W, Arlington, IN 46104

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    Centrally Zoned Commercial Lot
    Contact for pricing
    0.16 Acres
    Centrally Zoned Commercial Lot

    Vacant commercial lot in Arlington, positioned beside a general store and post office for flexible business or residential use.

    2192 N 700 W, Arlington, IN 46104

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    Prime Commercial Development Land For Sale
    $1,450,000
    3.50 Acres
    Prime Commercial Development Land For Sale

    1.04-3.5 acres in Franklin, suitable for retail/apartments.

    1760 Thornburg Ln, Franklin, IN 46131

    View details

    Off-Market Properties in Shelbyville, IN

    Consider similar Off-Market properties in Shelbyville, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1650 Riley Hwy
    VACANT COMMERCIAL LAND
    Lot: 0.79 Acres
    Value Estimation by Request

    1650 Riley Hwy, Shelbyville, IN 46176-9405

    View details
    Locust St
    VACANT COMMERCIAL LAND
    Lot: 0.03 Acres
    Value Estimation by Request

    Locust St, Shelbyville, IN 46176

    View details
    2356 Morristown Rd
    VACANT COMMERCIAL LAND
    Lot: 10.95 Acres
    Value Estimation by Request

    2356 Morristown Rd, Shelbyville, IN 46176-9172

    View details
    830 State Rd 44
    VACANT COMMERCIAL LAND
    Lot: 0.31 Acres
    Value Estimation by Request

    830 State Rd 44, Shelbyville, IN 46176-5509

    View details
    606 Jackson St
    VACANT COMMERCIAL LAND
    Lot: 0.51 Acres
    Value Estimation by Request

    606 Jackson St, Shelbyville, IN 46176-1709

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    604 Jackson St
    VACANT COMMERCIAL LAND
    Lot: 0.17 Acres
    Value Estimation by Request

    604 Jackson St, Shelbyville, IN 46176-1709

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    Jackson St
    VACANT COMMERCIAL LAND
    Lot: 0.18 Acres
    Value Estimation by Request

    Jackson St, Shelbyville, IN 46176

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    1400 State Rd 44
    VACANT COMMERCIAL LAND
    Lot: 0.07 Acres
    Value Estimation by Request

    1400 State Rd 44, Shelbyville, IN 46176-1871

    View details
    1115 State Rd 44th, Unit 1121
    VACANT COMMERCIAL LAND
    Lot: 0.13 Acres
    Value Estimation by Request
    Unit 1121

    1115 State Rd 44th, Shelbyville, IN 46176-1772

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    2424 State Rd 44
    VACANT COMMERCIAL LAND
    Lot: 0.18 Acres
    Value Estimation by Request

    2424 State Rd 44, Shelbyville, IN 46176-1869

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    168 Washington St
    VACANT COMMERCIAL LAND
    Lot: 0.15 Acres
    Value Estimation by Request

    168 Washington St, Shelbyville, IN 46176-1236

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    420 Eastern Ave
    VACANT COMMERCIAL LAND
    Lot: 0.19 Acres
    Value Estimation by Request

    420 Eastern Ave, Shelbyville, IN 46176-1764

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    420 Eastern Ave
    VACANT COMMERCIAL LAND
    Lot: 0.19 Acres
    Value Estimation by Request

    420 Eastern Ave, Shelbyville, IN 46176-1764

    View details

    Shelbyville, IN Commercial Land Investment Opportunities Market Analysis

    Explore 72 commercial land for sale in Shelbyville, IN, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 5,400 square feet of properties for sale, with an estimated market value of $1,350,000.

    Sale prices for commercial lots in Shelbyville, IN start at $450,000, averaging $675,000, and reaching up to $900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial land 11
    Industrial land 5
    Residential land & home lots 4

    Demographics Overview

    Population 29K
    Population Growth (5Y) +3.5%
    Median Household Income $66,045
    College Educated 25.8%

    High-Yield Neighborhoods for Investment

    Identify Shelbyville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46176 $919.5K

    Taxes & Financing

    Tax Rate (average for all types) 2.29%
    Property Tax per SF $38.44 per SF
    Tax Rate vs County Average 0.06 pp above county avg
    Average Loan-to-Value 65.0%

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