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    Shelbyville, IN Industrial Properties for Sale

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    Flex Space with Attached Garage
    Updated: Jun 26
    Flex Space with Attached Garage

    149 W Boggstown Road, Shelbyville, IN 46176

    $119,900
    0.64 AC lot
    3,184 sq. ft. flex building on .64 acres
    C‑1 zoning with uses subject to local approval
    Attached 2‑car garage
    Office, showroom, storage, kitchenette, and restroom areas
    Adjoins the Big Blue River with mature trees
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    Updated Flex Space
    Updated: Mar 13
    Updated Flex Space

    925 Virginia St, Shelbyville, IN 46176

    $499,900
    4,500 sqft
    4,500 SF flex‑space property in Shelbyville
    C zoning
    Updated windows, doors, roof, epoxy floors, water heater, fixtures, and half bathroom
    Interior parking for 6 vehicles
    Small office area included
    View details
    Flex Space with Attached Garage
    Flex Space with Attached Garage

    149 W Boggstown Road, Shelbyville, IN 46176

    $119,900
    3,184 sqft 0.64 AC lot

    C-1 zoning supports varied commercial uses, subject to local approval and verification of permitted activities.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Warehouse with Fenced Storage Yard
    Warehouse with Fenced Storage Yard

    510 East Jackson Street, Shelbyville, IN 46176

    Contact for pricing
    3,812 sqft 0.55 AC lot

    The property combines enclosed shop space, office area, and a secured outdoor yard.

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    Flex Warehouse with Office Suites
    Flex Warehouse with Office Suites

    318 E Broadway St, Shelbyville, IN 46176

    Contact for pricing
    10,000 sqft

    Flex warehouse building with overhead doors, office space, central air, and gas heat, plus multiple parking areas.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Shelbyville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Flex Space with Storage
    Flex Space with Storage

    308 N Morrison St, Morristown, IN 46161

    $690,000
    10,390 sqft

    Maintained flex property combines shop, office, storage, and on-site support improvements.

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    High-Bay Manufacturing Property
    High-Bay Manufacturing Property

    316 Wood Street, Morristown, IN 46161

    $450,000
    8.81 AC lot

    Light-industrial facility with substantial yard area, dedicated office functions, and infrastructure suited to production operations.

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    Warehouse with Historic Barn
    Warehouse with Historic Barn

    6475 N 300 E, Whiteland, IN 46184

    Contact for pricing
    6,000 sqft 2.00 AC lot

    Two-building property with warehouse space plus an on-site barn for flexible storage or farm uses.

    View details
    Logistics Center with I-65 Access
    Logistics Center with I-65 Access

    186 Bob Glidden Blvd, Whiteland, IN 46184

    Contact for pricing
    1,195,623 sqft

    Industrial logistics facility offering immediate access to I-65 in the South Submarket of Indianapolis.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    42 Acres Tillable Industrial Land
    42 Acres Tillable Industrial Land

    11812 Southeastern Ave, Indianapolis, IN 46259

    $1,650,000
    42.00 AC lot

    42 acres of tillable land zoned for industrial use.

    View details
    Cleared Industrial Land
    Cleared Industrial Land

    7716 W 200 N, Greenfield, IN 46140

    $499,000
    3.05 AC lot

    Cleared industrial land with Industrial Business Park zoning and completed self-storage development documentation.

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    Open Agricultural Land
    Open Agricultural Land

    S State Road 109, Knightstown, IN 46148

    $1,125,000
    25.00 AC lot

    Agricultural tract with recorded access easements from State Road 109 near Interstate 70 and established travel-oriented businesses.

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    Agricultural Land Tract
    Agricultural Land Tract

    S State Road 109, Knightstown, IN 46148

    $2,625,000
    35.00 AC lot

    Agricultural zoning, recorded access easements, and proximity to I-70 support evaluation for future commercial rezoning.

    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.

    403 Noble St
    WAREHOUSE, STORAGE

    403 Noble St, Shelbyville, IN 46176-2166

    $540,000
    Estimated value
    82,908 sqft 1.19 AC lot
    View details
    1703 Mccall Dr
    MANUFACTURING (LIGHT)

    1703 Mccall Dr, Shelbyville, IN 46176-9783

    $1,565,000
    Estimated value
    50,896 sqft 11.43 AC lot
    View details
    865 Elston Dr
    INDUSTRIAL (GENERAL)

    865 Elston Dr, Shelbyville, IN 46176-1817

    $285,000
    Estimated value
    6,000 sqft 1.30 AC lot
    View details
    1237 Jefferson Ave
    STORAGE YARD, OPEN STORAGE

    1237 Jefferson Ave, Shelbyville, IN 46176-2553

    $170,000
    Estimated value
    7,711 sqft 0.68 AC lot
    View details
    837 Webster St
    INDUSTRIAL (GENERAL)

    837 Webster St, Shelbyville, IN 46176-1960

    $170,000
    Estimated value
    4,650 sqft 3.47 AC lot
    View details
    612 Boggstown Rd
    INDUSTRIAL (GENERAL)

    612 Boggstown Rd, Shelbyville, IN 46176-8928

    $280,000
    Estimated value
    3,680 sqft 92.70 AC lot
    View details
    450 Industrial Park Dr
    MINI-WAREHOUSE, STORAGE

    450 Industrial Park Dr, Shelbyville, IN 46176

    $460,000
    Estimated value
    7,200 sqft 1.00 AC lot
    View details
    866 Elston Dr
    INDUSTRIAL (GENERAL)

    866 Elston Dr, Shelbyville, IN 46176-1823

    $150,000
    Estimated value
    6,000 sqft 1.57 AC lot
    View details
    2201 Michigan Rd
    WAREHOUSE, STORAGE

    2201 Michigan Rd, Shelbyville, IN 46176-1821

    $1,890,000
    Estimated value
    142,983 sqft 10.75 AC lot
    View details
    818 Pike St
    MINI-WAREHOUSE, STORAGE

    818 Pike St, Shelbyville, IN 46176-2632

    $75,000
    Estimated value
    5,886 sqft 0.25 AC lot
    View details
    6405 State Rd 44
    INDUSTRIAL (GENERAL)

    6405 State Rd 44, Shelbyville, IN 46176-9101

    $275,000
    Estimated value
    6,324 sqft 7.87 AC lot
    View details
    1340 Michigan Rd
    INDUSTRIAL (GENERAL)

    1340 Michigan Rd, Shelbyville, IN 46176-9754

    $675,000
    Estimated value
    11,096 sqft 6.78 AC lot
    View details
    830 Webster St
    STORAGE YARD, OPEN STORAGE

    830 Webster St, Shelbyville, IN 46176-1961

    $425,000
    Estimated value
    104,402 sqft 4.34 AC lot
    View details
    1667 Michigan Rd
    WAREHOUSE, STORAGE

    1667 Michigan Rd, Shelbyville, IN 46176-9386

    $1,495,000
    Estimated value
    31,650 sqft 3.24 AC lot
    View details
    1689 Michigan Rd
    INDUSTRIAL (GENERAL)

    1689 Michigan Rd, Shelbyville, IN 46176-9386

    $305,000
    Estimated value
    6,000 sqft 1.30 AC lot
    View details
    847 Elston Dr
    STORAGE YARD, OPEN STORAGE

    847 Elston Dr, Shelbyville, IN 46176-1817

    $250,000
    Estimated value
    3,132 sqft 1.00 AC lot
    View details
    841 Elston Dr
    STORAGE YARD, OPEN STORAGE

    841 Elston Dr, Shelbyville, IN 46176-1817

    $465,000
    Estimated value
    21,506 sqft 3.66 AC lot
    View details
    950 Washington Ave
    INDUSTRIAL (GENERAL)

    950 Washington Ave, Shelbyville, IN 46176-9001

    $290,000
    Estimated value
    3,040 sqft 2.64 AC lot
    View details
    228 Washington St
    WAREHOUSE, STORAGE

    228 Washington St, Shelbyville, IN 46176-1466

    $60,000
    Estimated value
    26,928 sqft 0.19 AC lot
    View details

    Shelbyville, IN Industrial Properties Market Trends and Statistics

    Explore 72 industrial properties for sale in Shelbyville, IN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 21,496 square feet of properties for sale, with an estimated market value of $739,700.

    Sale prices for industrial buildings in Shelbyville, IN start at $119,900, averaging $246,566, and reaching up to $499,900 — 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

    Flex space 8
    Distribution centers 1

    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 $1.2M

    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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