Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1805 South Miller Avenue Shelbyville, IN 46176

    Sponsored
    For Sale
    $3,925,000

    Spacious warehouse, 5.7 acres, excellent access.

    Property size:
    45,000 SF

    Description

    Added:
    Jan 9, 2025
    Days on Market:
    362
    This exceptional Shelbyville, Indiana property offers a substantial 45,000-square-foot warehouse building situated on approximately 5.7 acres of land. The building features a 20-foot clear height, reaching 22 feet at its peak, providing ample vertical space for storage or operations. Access is facilitated by multiple drive-in doors: one 20' x 14', one 10' x 14', and two 8' x 14' doors. The property includes two sets of men's and women's restrooms and a comprehensive fire suppression system, ensuring safety and functionality. Ample parking is available with 78 dedicated spaces. The property is zoned for Business General (BG) use, offering flexibility for various industrial or commercial applications. Strategically located just 10 minutes from Interstate 74, this warehouse enjoys convenient access to major transportation routes. The asking price is $3,925,000, translating to approximately $87 per square foot. This presents a significant opportunity for businesses seeking a large, well-equipped warehouse in a prime location.

    Property Features for 1805 South Miller Avenue

    General Information

    Property type
    Warehouses
    Square Feet
    45,000 SF
    Price / Square Foot
    $87
    Elevators
    N/A
    Lot Size
    248,292 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • Spacious 45,000 sq ft warehouse on 5.7 acres in Shelbyville, IN.
    • Features 20' clear height (22' peak), multiple drive‑in doors, and ample parking.
    • Conveniently located 10 minutes from I‑74, zoned for general business use.
    Location Intelligence

    Current Use by Public Records

    Hubler Collision Repair ... Auto Body Shop American Auto Detailing Car Detailing Service

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shelbyville
    State
    Indiana
    Longitude
    -85.799305
    Latitude
    39.508789

    Nearby Similar for Sale

    • New
      $180,000
      Pending

      Shelbyville Mixed-Use Restoration Opportunity

      Mixed-use property near amenities, offering diverse development potential.
      125 W Washington St, Shelbyville, IN 46176
      View Details
    • $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
      45,000 SF

      Shelbyville Warehouse on 5.7 Acres

      45,000 SF warehouse with ample parking and convenient location.
      1805 Miller Ave, Shelbyville, IN 46176
      View Details
    • $650,000

      Retail Building Near I-74

      3,058 SF building for sale near I-74 interchange.
      34 W Rampart St, Shelbyville, IN 46176
      View Details
    • $275,000
      1,428 SF

      Shelbyville Office Building - Prime Location

      Modern Office Space, Versatile Layout, High Visibility
      2518 Parkway Dr, Shelbyville, IN 46176
      View Details
    • $208,000
      3,185 SF

      Prime Shelbyville Office Building

      Five offices, great location, all furniture included.
      21 Taylor St, Shelbyville, IN 46176
      View Details
    • $499,900
      4,500 SF

      Shelbyville Mixed-Use Commercial Space

      Prime Shelbyville location, updated building, great parking.
      925 Virginia St, Shelbyville, IN 46176
      View Details
    • $339,025
      4,352 SF

      Shelbyville Retail & Residential Combo

      Versatile Property, Downtown Shelbyville
      534 Miller Ave, Shelbyville, IN 46176
      View Details
    • $289,000
      3,263 SF

      Shelbyville Office Building - Prime Location

      High-traffic vet clinic, 3200+ sq ft.
      2914 State Road 44, Shelbyville, IN 46176
      View Details
    • $399,000
      4,936 SF

      Shelbyville Commercial Property - High Visibility

      Established Business, Ample Space, Great Location
      1415 Michigan Rd, Shelbyville, IN 46176
      View Details
    • $1,900,000
      10.00 Acres

      10-Acre Commercial Land, Shelbyville, IN

      High-visibility I-74 & Fairland Rd. location.
      400, Shelbyville, IN 46176
      View Details
    • $597,000
      1,800 SF

      Shelbyville Retail Space - High Traffic Area

      Prime 1.2-acre lot, 1800 sq ft building. Great investment opportunity!
      1837 Michigan Rd, Shelbyville, IN 46176
      View Details

    FAQs

    What type of property is this?
    Warehouse - Spacious warehouse, 5.7 acres, excellent access.
    Where is this warehouse located?
    The property is located at 1805 South Miller Avenue Shelbyville, IN.
    What is the asking price?
    The asking price for this property is $3,925,000.
    What are key features of this property?
    This property features: Spacious 45,000 sq ft warehouse on 5.7 acres in Shelbyville, IN.; Features 20' clear height (22' peak), multiple drive-in doors, and ample parking.; Conveniently located 10 minutes from I-74, zoned for general business use.
    (317) 269-1040
    Request Owner's contact information
    1805 South Miller Avenue Shelbyville, IN 46176
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1805 South Miller Avenue
    Shelbyville, IN 46176
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    1805 South Miller Avenue Shelbyville, IN 46176
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.