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    2518 Parkway Dr Shelbyville, IN 46176

    For Sale
    $275,000

    Modern Office Space, Versatile Layout, High Visibility

    Property size:
    1,428 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 1,428 square-foot commercial building at 2518 Parkway Drive in Shelbyville, Indiana, presents a remarkable opportunity for a variety of businesses. Situated on a 0.46-acre lot, this newer construction metal building boasts a contemporary design and functional layout, ideal for medical practices, offices, or retail ventures. The property features a welcoming reception area, perfect for initial client interactions. Beyond the reception, a generously sized back office area offers ample space for workstations, treatment rooms, or retail displays, depending on the tenant's needs. A dedicated conference room provides a professional setting for meetings, consultations, or collaborative work. The building's flexible design allows for easy customization to suit specific business requirements. Its modern aesthetic and high-quality updates create a professional and inviting atmosphere. The property's location in Shelbyville offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in the community. Priced at $275,000, this turnkey property is ready for immediate occupancy and represents a strong investment opportunity. The combination of modern design, functional space, and desirable location makes this a truly exceptional commercial property.

    Property Features for 2518 Parkway Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,428 SF
    Lot Size
    20,038 SF

    Building Details

    Year Built
    2009
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bio-Titer Dx Medical Laboratory

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Shelbyville
    County
    Shelby
    State
    Indiana
    Longitude
    -85.7416
    Latitude
    39.5173

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    FAQs

    What type of property is this?
    Office Property / Space - Modern Office Space, Versatile Layout, High Visibility
    Where is this office property / space located?
    The property is located at 2518 Parkway Dr Shelbyville, IN.
    What is the asking price?
    The asking price for this property is $275,000.
    (317) 441-8383
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    2518 Parkway Dr Shelbyville, IN 46176
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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
    2518 Parkway Dr Shelbyville, IN 46176
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