Security-Fenced Warehouse
For Sale
Contact for pricing
1000 1st St, Shelbyville, KY 40065
Three-building industrial compound with office space, environmental storage tanks, and perimeter security fencing.
Property Size75,000 SF
Lot Size3.70 Acres
Price / SF$0.17
Days on Market57
Property Features for 1000 1st St
General Information
Standard status
Active
Size
75,000 SF
Lot size
3.70 Acres
Property subtype
Land
Zoning
A_C
Lease Type
NNN
Warehouse & Industrial
Warehouse Space
5,000 SF
Office Build-Out
2,500 SF
Additional Details
Fenced Yard
Yes
Amenities
Power
Building Details
Buildings
3
Listing Agency:
Coldwell Banker Larry Rogers
Listed By:
Larry Rogers · License #177303
(502) 682-0707
Source:
Kcrea.resimplifi
Added: Sep 2
Changed: Oct 25
Last Checked: Oct 28 at 4:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Larry Rogers
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Investment Insights
Based on property information with market context.
This warehouse property occupies 3.7 acres and includes three warehouse buildings along with dedicated office space. The compound is enclosed by security fencing, and the improvements include 4 permitted above-ground environmental storage tanks with spill containment. The property is located at 1000 1st St in Shelbyville, Kentucky, providing a defined industrial setting for warehouse and environmental storage operations.
Key Highlights
- 3.7‑acre warehouse property in Shelbyville, KY
- Three warehouse buildings with office space
- 4 permitted above‑ground environmental storage tanks
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$513,544
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,270,880
$10.3M
Cap Rate 7%
$7,336,343
$7.3M
Cap Rate 9%
$5,706,044
$5.7M
Market Conditions
NOI Build-Up for 75,000 SF
Gross rent
$765.0K $10.20/SF
− Vacancy
−$31.4K −$0.42/SF
EGI
$733.6K $9.78/SF
− OpEx
−$220.1K −$2.93/SF
NOI
$513.5K $6.85/SF
Area
Shelby County, KY
Vacancy
4.10%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,270,880
Cap Rate 7%
$7,336,343
Cap Rate 9%
$5,706,044
Alternative Uses
Best Use
Office B
$13.20M
$11.55M – $15.41M
NOI $924,345 @ 7.0% cap · market cap 7,110.35%
Second Best
Warehouse
$9.20M
$8.05M – $10.73M
NOI $643,748 @ 7.0% cap · market cap 4,951.91%
Theoretical Best
Office A
$15.81M
$13.83M – $18.45M
NOI $1,106,784 @ 7.0% cap · market cap 8,513.72%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
716
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 40065, KY
32,729
Population
12,943
Households
2.5
Avg Household Size
37
Median Age
28%
College-Educated
85%
High-School Grad
167.5 sq mi
ZIP Area
195
Density / Sq Mi
$76,813
Median Household Income
$40,767
Median Earnings
$1,002
Median Rent
$254,200
Median Home Value
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Stowaway Mini-Storage — 450 Old 7 Mile Pike, Shelbyville, KY 40065
- FreeUp Storage Shelbyville — 1121 Washington St, Shelbyville, KY 40065
- Summit Storage Center — 799 Summit Dr, Shelbyville, KY 40065
Frequently Asked Questions
What type of property is this?
Warehouse - Three-building industrial compound with office space, environmental storage tanks, and perimeter security fencing.
Where is this warehouse located?
The property is located at 1000 1st St Shelbyville, KY.
What are key features of this property?
This property features: 3.7‑acre warehouse property in Shelbyville, KY; Three warehouse buildings with office space; 4 permitted above‑ground environmental storage tanks
