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Property profile & analytics
OFF-MARKET
Land

0 Saraina Rd Shelbyville, IN 46176

4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4-acre commercial land parcel presents a remarkable opportunity for developers seeking a prime location in Shelbyville, Indiana. Situated at 0 Saraina Rd, this property boasts a highly desirable Multifamily zoning designation, making it ideal for a variety of high-density residential projects or general commercial ventures. The site is conveniently located within walking distance of Kroger and other essential amenities, ensuring easy access for future residents or businesses. Utilities are already in place, streamlining the development process and minimizing upfront costs. The ±4 acres of land provide ample space for a substantial project, capitalizing on Shelbyville's rapid growth and strong market demand. This strategic location, combined with the existing infrastructure and zoning, positions this property as an exceptional investment with significant potential for substantial returns. The asking price is $399,000. Don't miss this chance to acquire a key piece of Shelbyville's burgeoning commercial landscape. The property's address is 0 Saraina Rd, Shelbyville, IN 46176.

Property profile
Verified
Property type Land
Lot 4 ac (174,240 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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