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    400 West North St North Shelbyville, IN 46176

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    For Sale
    $1,450,000

    10-acre commercial land parcel with C2 zoning in Shelbyville, IN.

    Lot size:
    10.00 Acres

    Property Features for 400 West North St North

    General Information

    Lot size
    10.00 Acres

    Source: Bridge Realtors Agent David Fonseca

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Land with High Visibility

    This 10-acre parcel is located in a fast-growing area of Shelbyville, Indiana. The property has C2 zoning and high visibility from I-74 and Fairland Road (400 N), a busy thoroughfare to the interstate and Horseshoe Indianapolis Casino and Horse Track. The location is approximately 20 minutes from Indianapolis. The C2 zoning allows for a variety of uses, including retail, commercial, office/service, and eating establishments. This property is positioned to be part of the area's ongoing development.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Shelbyville
    County
    Shelby
    State
    Indiana
    Longitude
    -85.758387
    Latitude
    39.505668

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    FAQs

    What type of property is this?
    Land - 10-acre commercial land parcel with C2 zoning in Shelbyville, IN.
    Where is this land located?
    The property is located at 400 West North St North Shelbyville, IN.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: - Prime location with **high visibility from I-74 and Fairland Rd. (400 N).**; - C2 zoning allows for a variety of uses: retail, commercial, office/service, eating establishments, and more.; - Located in a fast-growing area with significant development potential.
    (502) 333-4792
    Request Owner's contact information
    400 West North St North Shelbyville, IN 46176
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    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
    400 West North St North Shelbyville, IN 46176
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