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    1 Tn-437 & Fairfield Pike Shelbyville, TN 37160

    For Sale
    $1,200,000

    3.91 Acres, C2 Zoning, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 3.91-acre vacant land parcel presents a compelling investment opportunity in Shelbyville, Tennessee. Situated at the corner of TN-437 and Fairfield Pike, this property boasts a highly desirable C2 zoning designation, opening doors to a wide range of commercial development possibilities. The location is strategically advantageous, nestled in northern Shelbyville and surrounded by thriving residential communities, ensuring a robust customer base for any future business. The expansive lot size provides ample space for a variety of commercial ventures, including but not limited to a convenience store, gas station, or other retail establishments. This property is further enhanced by its designation as a Qualified Opportunity Zone, offering significant tax advantages for eligible investors. The address is 1 TN-437 & Fairfield Pike, Shelbyville, TN 37160, within Bedford County. The property's geographic coordinates are latitude 35.5224949 and longitude -86.4385414. The asking price for this prime commercial land is $1,200,000. This is a rare opportunity to acquire a sizable, well-located parcel in a growing area with significant potential for substantial returns. Don't miss out on this chance to secure a piece of Shelbyville's vibrant commercial landscape.

    Property Features for 1 Tn-437 & Fairfield Pike

    General Information

    Property type
    Land
    Lot Size
    170,320 SF

    HighLights

    • 3.91‑acre vacant land parcel in Shelbyville, TN.
    • Highly desirable C2 zoning allows for diverse commercial development.
    • Prime corner location at TN‑437 & Fairfield Pike, near thriving residential areas.
    • Ample space for various commercial uses, including retail.
    • Qualified Opportunity Zone designation offers significant tax benefits.
    • $1,200,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Shelbyville
    County
    Bedford
    State
    Tennessee
    Longitude
    -86.4385414
    Latitude
    35.5224949

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    FAQs

    What type of property is this?
    Land - 3.91 Acres, C2 Zoning, Prime Location
    Where is this land located?
    The property is located at 1 Tn-437 & Fairfield Pike Shelbyville, TN.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 3.91-acre vacant land parcel in Shelbyville, TN.; Highly desirable C2 zoning allows for diverse commercial development.; Prime corner location at TN-437 & Fairfield Pike, near thriving residential areas.
    (615) 619-5791
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    1 Tn-437 & Fairfield Pike Shelbyville, TN 37160
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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
    1 Tn-437 & Fairfield Pike Shelbyville, TN 37160
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