21 Taylor St Shelbyville, IN 46176-2027
This exceptional 3,185 square foot office building, situated at 21 W Taylor Street in Shelbyville, Indiana, presents a unique investment opportunity. Its prime location directly across from the Shelby County Superior Court and Shelbyville Police Department makes it ideally suited for a variety of professional uses, including law firms, government annexes, or bail bond agencies. The building boasts five private office spaces, providing ample room for individual work or team collaboration. A dedicated conference or law library room offers a versatile space for meetings, research, or client consultations. Adding to its functionality is a finished attic loft, providing additional storage or workspace, and a dry basement offering further storage capacity. The property sits on a 0.07-acre lot. All existing office furniture and supplies are included in the asking price of $208,000. However, the seller is willing to remove these items if the buyer prefers not to utilize them. A water softener is also included, adding to the building's value and convenience. This turnkey opportunity offers immediate occupancy and significant potential for a variety of professional businesses seeking a high-visibility location in the heart of Shelbyville.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.