5 Boone Station Rd Shelbyville, KY 40065
This exceptional 1.18-acre commercial land parcel presents a remarkable investment opportunity in Shelbyville, Kentucky. Located at Lot 5 Boone Station Rd, 40065, this property boasts a prime location within a high-traffic area, making it ideal for a variety of commercial ventures. The lot is zoned I-1 - Industrial - Light, offering flexibility for diverse development plans. Potential uses include, but are not limited to, hospitality, office space, retail establishments, retail pad sites, self-storage facilities, or general commercial applications. The asking price for this strategically positioned land is $300,000. The sale terms require a cash transaction to the seller. With its generous size and versatile zoning, this property is poised for significant return on investment. Its convenient location and high visibility ensure excellent exposure for any future business. Don't miss this chance to acquire a valuable piece of commercial real estate in a thriving Kentucky community. The property's coordinates are 38.2110263 latitude and -85.2038644 longitude. Serious inquiries only.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.