0 Way Shelbyville, KY 40065
This exceptional commercial development opportunity presents a +/- 50,000 square foot retail center currently under proposal in Shelbyville, Kentucky. Located on Freedom's Way, this project boasts premium street visibility and is conveniently situated less than three miles from Interstate 64, ensuring high traffic volume and accessibility. The property, identified by APN 040-00-009B, is adjacent to a Zaxby's restaurant at 4455 Freedom's Way, providing immediate brand recognition and a strong anchor tenant. The development plan includes five to seven one-acre outparcels, offering flexibility for individual development or sale. The owner is open to developing these parcels themselves, partnering with tenants, or selling the land prior to development. In addition to the outparcels, approximately 40,000 square feet of retail space is planned, providing ample opportunity for various businesses. While a physical address hasn't been assigned yet, the property's strategic location and planned amenities make it an ideal investment for businesses seeking high visibility and convenient access in a growing Kentucky market. The property is zoned C - Commercial, ensuring suitability for a wide range of retail uses. This is a rare chance to secure a prominent position in a thriving Shelby County commercial corridor.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.