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2108 Frankfort Rd Shelbyville, KY 40065

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For Sale
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4.25 acres of land suitable for self-storage development.

Property size:
46,230 SF
Lot size:
4.12 Acres

Property Features for 2108 Frankfort Rd

General Information

Standard status
Active
Zoning
C
Size
46,230 SF
Lot size
4.12 Acres

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Listing Contact
Eugene Sisk
Source: Crexi

Listing Agent: Eugene Sisk

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

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Overview

Shelbyville Land for Self-Storage

The property features 4.25 acres (155,900 square feet) of land suitable for self-storage development. The land is not currently under roof. The asking price is $4,744,774, which is eight times the potential yearly gross income of $593,096.76. Costs expended to build out the self-storage regular units is estimated at $40.00 per square foot, totaling $1,849,200. The property could accommodate 329 non-climate control units (35,506 square feet) with a potential monthly income of $39,596.59, and 65 climate control units (6,437 square feet) with a potential monthly income of $9,827.84. The total potential monthly income is $49,424.
Location Intelligence

Current Use by Public Records

Self storage facilities

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Building Supply Gym & Fitness Center Auto Repair Shop Big Box & Wholesale Store Daycare Center Hotel & Motel HVAC Service

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

Location Insight

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  • Local Demand
City
Shelbyville
County
Shelby
State
Kentucky
Longitude
-85.1705732
Latitude
38.2071333

FAQs

What type of property is this?
Self storage facility - 4.25 acres of land suitable for self-storage development.
Where is this self storage facility located?
The property is located at 2108 Frankfort Rd Shelbyville, KY.
What are key features of this property?
This property features: - High yearly potential gross income: $593,096.76; - Established self-storage business with existing units; - Significant land area: 155,900 sf (4.25 acres)
More about this property
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