Flex Space with Drive-In
For Sale
$1,350,000
85 Breighton Blvd, Shelbyville, KY 40065
Versatile commercial building supporting retail, warehouse, and light manufacturing functions.
Property Size5,400 SF
Price / SF$250
Days on Market60
Property Features for 85 Breighton Blvd
General Information
Standard status
Active
Size
5,400 SF
Total Parking Spaces
32
Property subtype
Other
Zoning
C2
Amenities
Power
Water
Sewer
32 Parking Spaces
Building Details
Year Built
2016
Listing Agency:
Finish Line Realty LLC
Listed By:
Scott Hack
(502) 715-1965
Source:
Kcrea.resimplifi
Added: Aug 18
Changed: Oct 3
Last Checked: Oct 16 at 5:49AM
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 Finish Line Realty LLC
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Investment Insights
Based on property information with market context.
Built in 2016, this 5,400-square-foot flex property occupies a 1.3-acre site and combines a versatile building with drive-in doors and high ceilings. The layout supports retail storefront, warehouse, and light manufacturing functions, providing multiple commercial use configurations within a single asset.
The property is located at 85 Breighton Blvd in Shelbyville, KY, near I-64. C2 zoning and the building’s adaptable physical features further define its commercial profile.
The property is located at 85 Breighton Blvd in Shelbyville, KY, near I-64. C2 zoning and the building’s adaptable physical features further define its commercial profile.
Key Highlights
- 5,400‑square‑foot flex building on a 1.3‑acre lot
- Built in 2016
- Drive‑in doors and high ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,956
Cap Rate
4.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,079,120
$1.1M
Cap Rate 7%
$770,800
$770.8K
Cap Rate 9%
$599,511
$599.5K
Market Conditions
NOI Build-Up for 5,400 SF
Gross rent
$84.2K $15.60/SF
− Vacancy
−$7.2K −$1.33/SF
EGI
$77.1K $14.27/SF
− OpEx
−$23.1K −$4.28/SF
NOI
$54.0K $9.99/SF
Area
Shelby County, KY
Vacancy
8.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,079,120
Cap Rate 7%
$770,800
Cap Rate 9%
$599,511
Alternative Uses
Best Use
Retail
$770.8K
$674.5K – $899.3K
NOI $53,956 @ 7.0% cap · market cap 4.00%
Second Best
Warehouse
$662.1K
$579.4K – $772.5K
NOI $46,350 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$1.14M
$996.1K – $1.33M
NOI $79,688 @ 7.0% cap · market cap 5.90%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 40065, KY
32,729
Population
12,943
Households
2.5
Avg Household Size
37
Median Age
28%
College-Educated
85%
High-School Grad
167.5 sq mi
ZIP Area
195
Density / Sq Mi
$76,813
Median Household Income
$40,767
Median Earnings
$1,002
Median Rent
$254,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial building supporting retail, warehouse, and light manufacturing functions.
Where is this flex space located?
The property is located at 85 Breighton Blvd Shelbyville, KY.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 5,400‑square‑foot flex building on a 1.3‑acre lot; Built in 2016; Drive‑in doors and high ceilings
