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    4280 Freedom's Way Shelbyville, KY 40065

    For Sale
    $4,000,000

    3.5-acre commercial lot, ideal development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 3.5-acre commercial lot presents a rare opportunity in Shelbyville, Kentucky. Situated at 4280 Freedom's Way, this prime parcel is the front corner lot of Saddlebred Pointe, a burgeoning commercial and mixed-use development. Boasting C-4 Highway Commercial zoning, the property is ready for immediate development. Utilities are readily available, including sewer, electricity, storm drainage, natural gas, and AT&T fiber optic service. Water access is conveniently located via The Pointe Blvd. The lot enjoys high visibility, positioned directly across The Pointe Blvd from the newly constructed Traditional Bank. A significant advantage is the planned installation of a traffic signal, enhancing accessibility and visibility. Furthermore, a new entrance with a dedicated turn lane is under construction, ensuring convenient ingress and egress. The property's APN is 040-00-008B. With a total asking price of $4,000,000, this represents a land value of $1,142,857 per acre. Don't miss this chance to secure a prominent location in a thriving Kentucky community. This is a truly exceptional opportunity for developers seeking a high-impact commercial site.

    Property Features for 4280 Freedom's Way

    General Information

    Property type
    Land
    Lot Size
    152,460 SF

    HighLights

    • 3.5‑acre commercial lot in Shelbyville, KY, at 4280 Freedom's Way.
    • C‑4 Highway Commercial zoning, ready for immediate development.
    • Utilities available (sewer, electricity, storm drainage, natural gas, AT&T fiber).
    • High visibility across The Pointe Blvd from Traditional Bank; new traffic signal and entrance with turn lane planned/under construction.
    • APN 040‑00‑008B; $4,000,000 asking price ($1,142,857/acre).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Spa & Massage Building Supply Daycare Center Carpet & Flooring Store Pet Supply Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Shelbyville
    County
    Shelby
    State
    Kentucky
    Longitude
    -85.2576537
    Latitude
    38.2180509

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    FAQs

    What type of property is this?
    Land - 3.5-acre commercial lot, ideal development.
    Where is this land located?
    The property is located at 4280 Freedom's Way Shelbyville, KY.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: 3.5-acre commercial lot in Shelbyville, KY, at 4280 Freedom's Way.; C-4 Highway Commercial zoning, ready for immediate development.; Utilities available (sewer, electricity, storm drainage, natural gas, AT&T fiber).
    (502) 741-0014
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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
    4280 Freedom's Way Shelbyville, KY 40065
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