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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Way Shelbyville, KY 40065

40,000 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 40,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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