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Light Industrial Land
For Sale
$265,000
Pending

1305 N Michigan Rd, Shelbyville, IN 46176

IL-zoned land along an established commercial corridor with access to major transportation routes.

Property SizeContact for details
Days on Market53

Property Features for 1305 N Michigan Rd

General Information

Standard status Pending
Property subtype Land
Listing Agency: Landproz of Indiana, LLC
Listed By: Andrew Fansler
Source: Exprealty
Added: Jul 11 Changed: Aug 27 Last Checked: Aug 30 at 8:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Landproz of Indiana, LLC

Investment Insights

Based on property information with market context.

This industrial land parcel is designated Light Industrial (IL) and fronts 1305 N Michigan Rd in Shelbyville, Indiana. The site is positioned within an established commercial corridor and offers a land base for uses identified in the property information, including light manufacturing, warehousing, research, logistics, and distribution.

Transportation connectivity includes access to major routes and proximity to State Road 9 and I-74. The surrounding context includes nearby employment centers, supply chain partners, and other economic drivers. The property’s location and zoning support consideration for industrial and distribution-oriented development.

Key Highlights

  • Light Industrial (IL) zoning
  • Located along an established commercial corridor
  • Access to major transportation routes

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Restaurant Big Box & Wholesale Store Auto Repair Shop Building Supply Electrical Service HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

78
Businesses Nearby

Demographics for 46176, IN

28,401
Population
12,724
Households
2.2
Avg Household Size
40
Median Age
19%
College-Educated
90%
High-School Grad
169.5 sq mi
ZIP Area
168
Density / Sq Mi
$66,045
Median Household Income
$40,330
Median Earnings
$962
Median Rent
$172,400
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - IL-zoned land along an established commercial corridor with access to major transportation routes.
Where is this industrial land located?
The property is located at 1305 N Michigan Rd Shelbyville, IN.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Light Industrial (IL) zoning; Located along an established commercial corridor; Access to major transportation routes
More about this property
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