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Property profile & analytics
OFF-MARKET
Land

8 Mt Rushmore Dr Shelbyville, KY 40065

1.39 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.39-acre commercial land parcel presents a prime investment opportunity in Shelbyville, Kentucky. Located at Lot 8 Mt Rushmore Drive, this highly visible property enjoys a strategic position directly across from a major Kroger shopping center, ensuring significant foot traffic and brand recognition. The area is experiencing robust growth, making this an ideal location for a variety of commercial ventures. The lot is part of a larger development with several other available parcels ranging in size from one to one and a half acres. This prime location offers unparalleled convenience and exposure, situated near a cluster of established businesses including Rural King, Taco Bell, a Kroger Marketplace, KFC, and Shelbyville's largest apartment complex. The property's address is Lot 8 Mt Rushmore Dr, Shelbyville, KY 40065, within Shelby County. The asking price for this exceptional commercial land is $325,000. This presents a rare chance to acquire a well-situated property in a thriving Kentucky market. The property's geographic coordinates are 38.220825 latitude and -85.201482 longitude.

Property profile
Verified
Property type Land
Lot 1.39 ac (60,548 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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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