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    3 Mount Tabor Ct Shelbyville, KY 40065

    • Land
    • 1.17 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 3 Mount Tabor Ct

    Lot size
    1.17 lot acres
    Property type
    Land

    Description

    This 1.17-acre commercial lot in Shelbyville, Kentucky, presents a prime development opportunity. Located at 3 Mt Tabor Ct, 40065, this highly visible property boasts a strategic location directly across from a major Kroger shopping center. The lot is zoned C - Commercial, allowing for a variety of commercial uses. Its convenient access and high visibility make it ideal for businesses seeking maximum exposure. The area is experiencing significant growth, with nearby establishments including Rural King, Taco Bell, KFC, and the largest apartment complex in Shelbyville. This property offers excellent potential for businesses seeking a prominent location in a thriving community. The land is level and easily accessible, simplifying development plans. Additional acreage is available in the immediate vicinity, providing opportunities for expansion or consolidation. The asking price for this exceptional 1.17-acre lot is $135,000. This represents a compelling investment opportunity in a rapidly developing area of Shelby County. Interested parties are encouraged to act quickly.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shelbyville
    County
    Shelby
    State
    Kentucky
    Longitude
    -85.2039
    Latitude
    38.2168

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    3 Mount Tabor Ct
    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

    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
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