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    Tract 6A & 6B Conder Way Shelbyville, KY 40065

    Sponsored
    For Sale
    $1,550,000

    Four build-ready pads, I-64 corridor.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4.54-acre industrial land parcel in Shelbyville, Kentucky, presents a unique investment opportunity. Located in the I-64 corridor, this property boasts four pre-engineered, build-ready pads totaling 50,250 square feet. The land is zoned I-1 - Industrial - Light, and all utilities are stubbed at the site with curb cuts already in place. This ready-to-develop site is situated within a thriving industrial area, surrounded by over 300 acres of newly annexed industrial land, offering significant growth potential. The strategic location provides easy access to major highways, placing the property within a day's drive of two-thirds of the US population. The property's location in Kentucky's "golden triangle" makes it an ideal location for businesses seeking a strong foundation for future expansion. The APN is S6-27-001. The asking price is $1,550,000, representing a price per acre of $341,409. This is a for-sale-by-owner opportunity. The address is Conder Way Tract 6A & 6B, Shelbyville, KY 40065.

    Property Features for Tract 6A & 6B Conder Way

    General Information

    Property type
    Land
    Lot Size
    197,762 SF

    HighLights

    • 4.54‑acre industrial land parcel in Shelbyville, KY, I‑64 corridor.
    • Four build‑ready pads totaling 50,250 square feet.
    • I‑1 zoning, utilities stubbed, curb cuts complete.
    • Thriving industrial area with significant growth potential.
    • Excellent highway access, within a day's drive of two‑thirds of the US population.
    • Asking price: $1,550,000 ($341,409/acre). For sale by owner. APN: S6‑27‑001. Address: Conder Way Tract 6A & 6B, Shelbyville, KY 40065.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Shelbyville
    County
    Shelby
    State
    Kentucky
    Longitude
    -85.194416594473
    Latitude
    38.222515996987

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    FAQs

    What type of property is this?
    Land - Four build-ready pads, I-64 corridor.
    Where is this land located?
    The property is located at Tract 6A & 6B Conder Way Shelbyville, KY.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: 4.54-acre industrial land parcel in Shelbyville, KY, I-64 corridor.; Four build-ready pads totaling 50,250 square feet.; I-1 zoning, utilities stubbed, curb cuts complete.
    Request Owner's contact information
    Tract 6A & 6B Conder 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

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    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
    Tract 6A & 6B Conder Way Shelbyville, KY 40065
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