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Property profile & analytics
OFF-MARKET
Land

0 5+/- Acres Buildable Tract Off Sr 9 Shelbyville, IN 46176

5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5-acre commercial land tract in Shelby County, Indiana, presents a unique opportunity for development or investment. Located just 10 minutes from Shelbyville, this property offers a peaceful rural setting while maintaining convenient access to amenities. The land is primarily tillable, currently farmed, but features fantastic buildable sites. A perc test has already been completed, simplifying future development plans. Mature woods and a tranquil creek enhance the natural beauty and provide a serene atmosphere. A survey is on file, ensuring clear property boundaries. The parcel number is 73-15-08-200-012.000-021, and the 2022 property taxes were $216. This versatile property is ideal for those seeking a rural retreat, a homestead location, or a strategic investment in the Shelby County area. The legal description is Pt Nw Ne 8 11 7 (5.74 + 9.00) 14.74 Ac. The asking price for this prime commercial land is $189,000. This presents a rare chance to acquire a sizable, buildable tract in a desirable location.

Property profile
Verified
Property type Land
Lot 5 ac (217,800 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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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