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    603 Wall St Shelbyville, TN 37160

    For Sale
    $289,000

    Prime 1.16-acre lot, 47,916 sq ft.

    Property size:
    47,916 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional commercial property presents a unique opportunity in Shelbyville, TN. Located on a highly visible corner lot, this 1.16-acre parcel boasts a substantial 47,916 square feet of space, ideal for a variety of commercial ventures. All utilities are conveniently located on-site, simplifying development and reducing initial infrastructure costs. The property's prime corner location ensures high visibility and accessibility, making it an attractive proposition for businesses seeking maximum exposure. The expansive size allows for significant flexibility in design and development, accommodating a wide range of commercial projects. This is a rare opportunity to acquire a large, well-situated commercial lot in a thriving Tennessee community. Its strategic location and readily available utilities make it an exceptional investment for both established businesses and new ventures. The substantial square footage offers ample space for construction, expansion, or redevelopment, catering to a diverse range of commercial needs. Don't miss this chance to secure a prominent location in a growing market. The property is priced competitively at $289,000, presenting a compelling return on investment. Contact us today to learn more about this exceptional opportunity.

    Property Features for 603 Wall St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    47,916 SF
    Lot Size
    50,530 SF
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Wholesale Shop Auto Repair Shop Food Market Grocery Store Discount Store Electrical Service Bakery

    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
    -86.40568
    Latitude
    35.48

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 1.16-acre lot, 47,916 sq ft.
    Where is this commercial real estate located?
    The property is located at 603 Wall St Shelbyville, TN.
    What is the asking price?
    The asking price for this property is $289,000.
    (931) 684-5050
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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
    603 Wall St Shelbyville, TN 37160
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