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    22 Stonecrest Ct Shelbyville, KY 40065

    For Sale
    $250,000

    Prime Commercial Lot, Ideal Location, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 2.28-acre commercial lot, located at 22 Stonecrest Ct, Shelbyville, KY 40065, presents a unique investment opportunity. Zoned C-Commercial, this property offers significant potential for various commercial ventures. Its strategic location provides easy access to Interstate 64 and is situated minutes away from Shelbyville's hospital. The lot enjoys high visibility due to its placement on Stonecrest Court, a cul-de-sac street, alongside established medical facilities including an urgent care center, family medicine practice, physical therapy clinic, and pediatric dentist. This concentration of medical businesses creates a strong and desirable commercial environment. Adding to its appeal, the property backs up to and connects with the Brooks Industrial lot, offering potential for synergy and expansion. The asking price for this remarkable property is $250,000. This is a rare opportunity to acquire a well-positioned commercial lot in a thriving area with excellent access and visibility. Don't miss this chance to secure a prime piece of Shelby County real estate.

    Property Features for 22 Stonecrest Ct

    General Information

    Property type
    Land
    Lot Size
    99,317 SF

    HighLights

    • 2.28‑acre commercial lot in Shelbyville, KY.
    • C‑Commercial zoning allows for diverse commercial uses.
    • Excellent Interstate 64 access and proximity to Shelbyville hospital.
    • High visibility location on Stonecrest Court, near medical facilities.
    • Adjoins Brooks Industrial lot, offering expansion potential.
    • Asking price: $250,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Shelbyville
    County
    Shelby
    State
    Kentucky
    Longitude
    -85.2514178
    Latitude
    38.2113448

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    FAQs

    What type of property is this?
    Land - Prime Commercial Lot, Ideal Location, High Visibility
    Where is this land located?
    The property is located at 22 Stonecrest Ct Shelbyville, KY.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: 2.28-acre commercial lot in Shelbyville, KY.; C-Commercial zoning allows for diverse commercial uses.; Excellent Interstate 64 access and proximity to Shelbyville hospital.
    Request Owner's contact information
    22 Stonecrest Ct 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
    22 Stonecrest Ct Shelbyville, KY 40065
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