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    737 Madison St Shelbyville, TN 37160

    For Sale
    $975,000

    High-traffic Shelbyville investment opportunity.

    Property size:
    21,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional mixed-use property at 737 Madison Street in Shelbyville, Tennessee, offers over 21,000 square feet of versatile space on a 0.97-acre lot. Priced to sell at $975,000, this building presents a unique investment opportunity due to its prime location on a high-traffic road with ample parking. The property boasts a large warehouse area, ideal for storage or distribution, complemented by office and retail space ready for immediate occupancy. Features include a loading dock, showroom space suitable for furniture or antiques, and the potential for a restaurant or other retail businesses. The substantial square footage includes a significant amount of additional space in the rear of the building, accessible via the loading dock. Its convenient location near downtown Shelbyville ensures easy access for customers and employees. The property's proximity to the Centennial Horse Arena adds further appeal and potential for synergistic business opportunities. This adaptable space is perfect for a variety of uses, making it an attractive investment for entrepreneurs and business owners seeking a high-visibility location with significant potential for growth. The building's existing infrastructure and ample space provide a solid foundation for a thriving business venture.

    Property Features for 737 Madison St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    21,000 SF
    Lot Size
    42,253 SF

    Building Details

    Year Built
    1966
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Shelbyville
    County
    Bedford County, TN
    State
    Tennessee
    Longitude
    -86.44532
    Latitude
    35.48766

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    FAQs

    What type of property is this?
    Mixed-use property - High-traffic Shelbyville investment opportunity.
    Where is this mixed-use property located?
    The property is located at 737 Madison St Shelbyville, TN.
    What is the asking price?
    The asking price for this property is $975,000.
    (615) 352-3100
    Request Owner's contact information
    737 Madison St Shelbyville, TN 37160
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    Shelbyville, TN 37160
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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.

    More about this property
    737 Madison St Shelbyville, TN 37160
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