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    US-231 Bus Shelbyville, TN 37160

    For Sale
    Contact for pricing

    Prime TN acreage, commercial/residential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.5 to 22.5-acre property, located at 2401 US 231-N in Shelbyville, Tennessee (zip code 37160, Bedford County), presents a unique opportunity for developers and investors. The land is zoned for both residential and commercial use, offering unparalleled flexibility for a variety of projects. With a price range of $50,000 to $500,000 per acre, this expansive site boasts high visibility and accessibility due to its strategic location on US 231-N. The property's high traffic count and outstanding location make it ideal for a commercial center, residential community, or a mixed-use development. The APN is 069 004.00, and the property is owned by Curl Properties LLC. This is a rare opportunity to acquire a large parcel of land in a desirable location with significant potential for growth and return on investment. The property's size and prime location make it an exceptional prospect. Consider the possibilities: a thriving commercial hub or a welcoming residential community. This is a chance to shape the future of this area. Don't miss this chance to secure your position in a dynamic market.

    Property Features for US-231 Bus

    General Information

    Property type
    Land
    Lot Size
    65,340 SF

    HighLights

    • Highly adaptable floor plans.
    • Prime location.
    • High traffic volume.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Shelbyville
    County
    Bedford
    State
    Tennessee
    Longitude
    -86.453460628618
    Latitude
    35.530986906561

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    FAQs

    What type of property is this?
    Land - Prime TN acreage, commercial/residential.
    Where is this land located?
    The property is located at US-231 Bus Shelbyville, TN.
    What are key features of this property?
    This property features: Highly adaptable floor plans.; Prime location.; High traffic volume.
    (931) 684-5605
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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
    US-231 Bus Shelbyville, TN 37160
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