3 Boone Station Rd Shelbyville, KY 40065
This exceptional .86-acre commercial land parcel is ideally situated in Shelbyville, Kentucky, at Lot 3 Boone Station, within the Hi Point Business Park II. Located approximately half a mile past a Kroger grocery store, this property offers excellent visibility and accessibility. The parcel is zoned C - Commercial, providing a wide range of development possibilities for businesses seeking a strategic location. The asking price is $250,000, translating to a land value of $290,697 per acre. The property's APN is S10-11-010. This presents a unique opportunity for investors and developers to acquire a well-positioned commercial lot in a thriving area. The convenient location near established businesses and amenities makes this property particularly attractive. Additional land in the same area may also be available, providing potential for expansion or larger-scale projects. This is a rare opportunity to secure a prime commercial lot in a desirable Kentucky location. The property's address is Lot 3 Boone Station, Shelbyville, KY 40065. Its geographic coordinates are latitude 38.2109925 and longitude -85.2038541.
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.
Costs & Benchmarks
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.