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    Innovation Way Simpsonville, KY 40067

    For Sale
    $1,500,000

    6-Acre Industrial Site, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 6-acre industrial land parcel presents a unique investment opportunity in Simpsonville, Kentucky. Located within the burgeoning Simpsonville Commons, a 140-acre Class-A business park, this I-1 zoned property offers unparalleled access and visibility. Situated off Innovation Way, the site benefits from its proximity to major thoroughfares, including Interstate 64, ensuring seamless transportation and logistics. Neighboring established businesses include the newly constructed Shady Rays Sunglasses Headquarters and the future 400,000-square-foot Kentuckiana Curb Co. manufacturing facility. Further enhancing the area's appeal, construction is underway on a significant $200 million research and production campus for KCC Companies within Simpsonville Commons. This prime location is also poised to benefit from the future addition of retail, medical, and office spaces within the park. The asking price is $1,500,000, representing a land value of $250,000 per acre. This presents a compelling opportunity to acquire a strategically located industrial site in a rapidly growing area of Shelby County. The property is part of Phase I development within Simpsonville Commons.

    Property Features for 0 Innovation Way

    General Information

    Property type
    Land
    Lot Size
    130,680 SF

    HighLights

    • $1,500,000 asking price for 6 acres of industrial land.
    • Located in Simpsonville, KY, in the I‑1 zoned Simpsonville Commons business park.
    • $250,000 per acre land value.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Simpsonville
    County
    Shelby
    State
    Kentucky
    Longitude
    -85.348206385554
    Latitude
    38.205184992646

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    FAQs

    What type of property is this?
    Land - 6-Acre Industrial Site, Prime Location
    Where is this land located?
    The property is located at Innovation Way Simpsonville, KY.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: $1,500,000 asking price for 6 acres of industrial land.; Located in Simpsonville, KY, in the I-1 zoned Simpsonville Commons business park.; $250,000 per acre land value.
    Request Owner's contact information
    Innovation Way Simpsonville, KY 40067
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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
    Innovation Way Simpsonville, KY 40067
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