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    6 Boone Station Rd Shelbyville, KY 40065

    For Sale
    $275,000

    1.23 Acres, Prime Commercial Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.23-acre commercial land parcel presents a remarkable investment opportunity in Shelbyville, Kentucky. Strategically situated at Lot 6 Boone Station Road, this property enjoys a highly visible location approximately half a mile past the Kroger supermarket within the well-established Hi Point Business Park II. The expansive lot offers significant potential for a variety of commercial developments, providing ample space for construction tailored to specific business needs. Its convenient access to major roadways ensures excellent visibility and accessibility for potential customers and employees. The property's location within a thriving business park suggests a strong potential for growth and return on investment. The address is Lot 6 Boone Station Rd, Shelbyville, KY 40065, within Shelby County. This is a rare opportunity to acquire a sizable commercial lot in a desirable and rapidly developing area. The asking price for this exceptional property is $275,000. Serious inquiries are encouraged to explore the possibilities this prime location offers. The property is zoned for commercial use (verification of zoning with local authorities is recommended). This land offers a blank canvas for your next commercial venture.

    Property Features for 6 Boone Station Rd

    General Information

    Property type
    Land
    Lot Size
    53,579 SF

    HighLights

    • $275,000 asking price.
    • 1.23‑acre commercial land parcel.
    • Located in Shelbyville, KY, at Lot 6 Boone Station Rd, 40065.
    • Situated in Hi Point Business Park II, approximately 0.5 miles past Kroger.
    • Zero (0) existing units.
    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
    -85.2037702
    Latitude
    38.2110312

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    FAQs

    What type of property is this?
    Land - 1.23 Acres, Prime Commercial Location
    Where is this land located?
    The property is located at 6 Boone Station Rd Shelbyville, KY.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: $275,000 asking price.; 1.23-acre commercial land parcel.; Located in Shelbyville, KY, at Lot 6 Boone Station Rd, 40065.
    Request Owner's contact information
    6 Boone Station Rd Shelbyville, KY 40065
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    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

    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
    6 Boone Station Rd Shelbyville, KY 40065
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