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    9 Boone Station Rd Shelbyville, KY 40065

    Sponsored
    For Sale
    $300,000

    Prime Shelbyville location, 1.47 acres, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 1.47-acre vacant land parcel presents a unique investment opportunity in Shelbyville, Kentucky. Strategically located on Lot 9 Boone Station Road, this property boasts exceptional visibility due to its position directly across from a Kroger Marketplace, Rural King, and Shelby Farms. The convenient location offers easy access to major transportation arteries, including the Shelbyville By-Pass and Interstate 64, ensuring high traffic flow and excellent exposure for potential development. The property's zoning (not specified in provided information) will need to be verified by the buyer to determine suitable uses. The 1.47-acre size provides ample space for a variety of commercial or potential residential projects, subject to local planning and zoning regulations. Given its proximity to established retail anchors and major roadways, this lot represents a compelling opportunity for businesses seeking high visibility and convenient access for customers. Serious inquiries are encouraged to explore the development potential of this strategically located land parcel. The asking price for this property is $300,000. Further due diligence is recommended to confirm all aspects of the property and its suitability for intended use.

    Property Features for 9 Boone Station Rd

    General Information

    Property type
    Land
    Lot Size
    64,033 SF

    HighLights

    • $300,000 asking price for 1.47 acres of vacant land.
    • Located in Shelbyville, KY, at Lot 9 Boone Station Rd, zip code 40065.
    • Property is situated across from Kroger Marketplace, Rural King, and Shelby Farms.
    • Convenient access to Shelbyville By‑Pass and I‑64.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Shelbyville
    County
    Shelby
    State
    Kentucky
    Longitude
    -85.2038853
    Latitude
    38.211096

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    FAQs

    What type of property is this?
    Land - Prime Shelbyville location, 1.47 acres, high visibility.
    Where is this land located?
    The property is located at 9 Boone Station Rd Shelbyville, KY.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: $300,000 asking price for 1.47 acres of vacant land.; Located in Shelbyville, KY, at Lot 9 Boone Station Rd, zip code 40065.; Property is situated across from Kroger Marketplace, Rural King, and Shelby Farms.
    Request Owner's contact information
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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
    9 Boone Station Rd Shelbyville, KY 40065
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