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    734 Main St Shelbyville, TN 37160

    For Sale
    $3,000,000

    Prime Shelbyville location, divisible, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 3.07-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Shelbyville, Tennessee. Located at 734 N Main St, this property boasts a highly desirable location with a significant daily traffic count, ensuring maximum visibility and accessibility for any commercial venture. The expansive lot size offers considerable flexibility for development, allowing for a variety of potential uses. A key advantage is the property's divisibility, providing the option to create smaller parcels tailored to specific business needs or to accommodate multiple tenants. The address, 734 N Main St, Shelbyville, TN 37160, places the land within Bedford County, offering easy access to major transportation routes and a strong local economy. This prime commercial real estate is priced at $3,000,000 and represents a rare chance to acquire a substantial land holding in a high-demand area. The property's strategic location and development potential make it an ideal investment for both established businesses seeking expansion and entrepreneurs looking to build from the ground up. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.

    Property Features for 734 Main St

    General Information

    Property type
    Land
    Lot Size
    133,729 SF

    HighLights

    • $3,000,000 asking price.
    • 3.07‑acre commercial land parcel.
    • Located at 734 N Main St, Shelbyville, TN 37160.
    • High‑traffic location.
    • Divisible lot.
    Property Profile Insight Report 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 Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Shelbyville
    County
    Bedford
    State
    Tennessee
    Longitude
    -86.4585364
    Latitude
    35.4914821

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    FAQs

    What type of property is this?
    Land - Prime Shelbyville location, divisible, high traffic.
    Where is this land located?
    The property is located at 734 Main St Shelbyville, TN.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: $3,000,000 asking price.; 3.07-acre commercial land parcel.; Located at 734 N Main St, Shelbyville, TN 37160.
    (931) 684-5605
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    734 Main St Shelbyville, TN 37160
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    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
    734 Main St Shelbyville, TN 37160
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