Current Use by Public Records
- Land
Property Details for 2400 Us-231
- Lot size
- 3.48 lot acres
- Property type
- Land
Description
This exceptional 3.48-acre commercial land parcel presents a remarkable investment opportunity in Shelbyville, Tennessee. Strategically located on US-231 at McDale, just north of the Shelbyville Bypass, this hard corner boasts impressive visibility and accessibility, with over 30,000 vehicles passing daily. The property is zoned for commercial use, offering a wide range of development possibilities. The current offering encompasses 3.48 acres, but expansion is possible, with up to approximately 20 acres potentially available, making it ideal for a shopping center or similar large-scale development. This prime location benefits from significant growth drivers, including the imminent opening of a new school and the construction of multiple subdivisions adding well over 1000 new homes. The price per acre ranges from $500,000 to $1,000,000, reflecting the exceptional potential of this "Shelbyville Next" location. The property's size and location make it an attractive investment for owner-users seeking to establish a presence in a rapidly expanding market. This is a rare opportunity to acquire a substantial commercial land holding in a high-growth area of Bedford County.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Shelbyville
- County
- Bedford
- State
- Tennessee
- Longitude
- -86.4535
- Latitude
- 35.5308
