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    Freedom's Way Shelbyville, KY 40065

    Sponsored
    For Sale
    Contact for pricing

    High-visibility land, prime location, development ready.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land offering presents a unique investment opportunity in Shelbyville, Kentucky. Located on Freedom's Way, this property boasts high visibility due to its connection to Saddlebred Pointe, a burgeoning 70+ acre commercial development. The site is zoned C-Commercial, allowing for a variety of uses including retail, office, and hospitality. The lot size ranges from 1 to 8.37 acres, with pricing per acre between $250,000 and $350,000. All utilities are conveniently available, eliminating significant upfront development costs. Currently in Phase 1 of development, this property benefits from ongoing infrastructure improvements, including the construction of Pointe Blvd and the connection of Watson Way to Ardmore Crossings. The strategic location near I-64 and US-60 ensures excellent accessibility and high traffic volume, making it an ideal location for businesses seeking strong visibility and convenient access for customers. The APN is 040-00-010D. This is a rare opportunity to acquire land in a rapidly growing commercial area with existing zoning and utilities already in place. Don't miss this chance to secure a prime piece of Shelby County real estate.

    Property Features for 0 Freedom's Way

    General Information

    Property type
    Land
    Lot Size
    43,560 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Shelbyville
    County
    Shelby
    State
    Kentucky
    Longitude
    -85.2355697
    Latitude
    38.2384195

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    FAQs

    What type of property is this?
    Land - High-visibility land, prime location, development ready.
    Where is this land located?
    The property is located at Freedom's Way Shelbyville, KY.
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    Freedom's Way 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
    Freedom's Way Shelbyville, KY 40065
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