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    2118 Old Finchville Rd Shelbyville, KY 40065

    For Sale
    $21,000,000

    LAND - Shelbyville, KY

    Lot size:
    99.11 Acres
    Days on Market:
    104
    Last Refresh:
    Dec 7 at 5:06 pm

    Property Features for 2118 Old Finchville Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    032-00-052
    Lot size
    99.11 Acres

    Torrey Smith Realty Co., LLC (502) 633-0220 [email protected]

    Listing agent Torrey M Smith (502) 633-0220

    Listing date Aug 26, 2025

    MLS# 1696401 Listing URL

    Overview

    99 Acres Development Opportunity

    Located directly off I-64 at Exit 32 between Louisville and Lexington, this 99.11-acre tract offers a development opportunity. The site currently includes zoning classifications of Interchange Commercial (IC), Residential (R), and Agricultural (Ag). The Shelby County Comprehensive Plan designates the entire property for future Interchange Commercial and Industrial use, aligning it with a wide range of development options, including retail, logistics, automotive, service, and corporate facilities. The property benefits from direct access to the interstate, ideal topography, and proximity to utility infrastructure. IC zoning currently allows for agriculture, farm dwellings, and planned-unit developments (excluding heavy industry), with conditional uses including commercial subdivisions and auto-related services. Rezoning the entire tract to IC is considered achievable given the Future Land Use Map and supportive local planning environment. Owned by the same party since 1997, this tract is positioned for transformative commercial investment in a high-growth area with excellent long-term upside.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Gym & Fitness Pharmacy Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Shelbyville
    County
    Shelby
    State
    Kentucky
    Longitude
    -85.262553
    Latitude
    38.192366

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    FAQs

    What type of property is this?
    Land - 99-acre tract for commercial and industrial development in Shelbyville, KY.
    Where is this land located?
    The property is located at 2118 Old Finchville Rd Shelbyville, KY.
    What is the asking price?
    The asking price for this property is $21,000,000.
    What are key features of this property?
    This property features: - 99-acre development opportunity directly off I-64 (Exit 32).; - Future land use designation: Interchange Commercial & Industrial.; - High-visibility location in active growth corridor between Louisville and Lexington.
    (502) 633-0220
    Request Owner's contact information
    2118 Old Finchville Rd Shelbyville, KY 40065
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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

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    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
    2118 Old Finchville Rd Shelbyville, KY 40065
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