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    Madison St Shelbyville, TN 37160

    For Sale
    $109,000

    0.61-acre lot, $109,000. Prime location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional commercial property presents a unique investment opportunity in the thriving Shelbyville, TN market. Encompassing a sizable 0.61-acre lot, this parcel is ideally situated on Madison Street, offering excellent visibility and accessibility. The property's versatile zoning allows for a wide range of commercial development possibilities, making it suitable for various businesses. Its prime location provides easy access to major transportation routes, ensuring convenient commutes for employees and customers alike. The substantial lot size offers ample space for construction, expansion, or the addition of parking facilities. This is a rare chance to acquire a well-positioned commercial lot in a growing area, offering significant potential for future growth and profitability. The asking price of $109,000 represents exceptional value for a property of this size and location. Serious inquiries are encouraged to explore the possibilities this land presents. The absence of existing structures provides a blank canvas for a customized development project, tailored to meet specific business needs. This property is ready for immediate development, offering a streamlined path to establishing a successful commercial venture in Shelbyville. Don't miss this chance to secure a prime piece of commercial real estate in a dynamic and expanding market.

    Property Features for Madison St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    26,572 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Shelbyville
    County
    Bedford County, TN
    State
    Tennessee
    Longitude
    -86.45888
    Latitude
    35.48927

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    FAQs

    What type of property is this?
    Commercial real estate - 0.61-acre lot, $109,000. Prime location.
    Where is this commercial real estate located?
    The property is located at Madison St Shelbyville, TN.
    What is the asking price?
    The asking price for this property is $109,000.
    (931) 684-5050
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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
    Madison St Shelbyville, TN 37160
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