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    400 Shelbyville, IN 46176

    • Commercial real estate
    • 10.00 lot acres
    For Sale
    View listing
    $1,450,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Recycled Designs LLC / Second Hand Store
    • American Finishing Resources / Paint Stripping Service
    • Capital Industries / Manufacturer / Engineering Consultant
    • Pilot / Gas Station
    • McDonald's / Fast Food Restaurant / Breakfast Restaurant

    Property Details for 400

    Lot size
    10.00 lot acres
    Property type
    Commercial real estate

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shelbyville
    County
    Shelby
    State
    Indiana
    Longitude
    -85.8102
    Latitude
    39.584

    Comparable in this City

    • Value Estimation by Request
      13.97 Acres

      44 East Dr

      Land • 13.97 Acres
      44 East Dr, Shelbyville, IN 46176
      View Details
    • Value Estimation by Request
      2.00 Acres

      1240 Walser Rd

      COMMERCIAL (GENERAL) • 2.00 Acres
      1240 Walser Rd, Shelbyville, IN 46176-9798
      View Details
    • Value Estimation by Request
      0.31 Acres

      2315 Miller St

      COMMERCIAL (GENERAL) • 0.31 Acres
      2315 Miller St, Shelbyville, IN 46176-9350
      View Details
    • Value Estimation by Request
      0.87 Acres

      Morningside Dr

      COMMERCIAL (GENERAL) • 0.87 Acres
      Morningside Dr, Shelbyville, IN 46176
      View Details
    • Value Estimation by Request
      0.52 Acres

      57 Rampart St

      COMMERCIAL (GENERAL) • 0.52 Acres
      57 Rampart St, Shelbyville, IN 46176-9499
      View Details
    • Value Estimation by Request
      842 SF

      44 Walker St

      COMMERCIAL (GENERAL) • 842 SF
      44 Walker St, Shelbyville, IN 46176-1333
      View Details

    Similar Nearby for Sale

    • $399,000
      4,936 SF

      Shelbyville Commercial Property - High Visibility

      Established Business, Ample Space, Great Location
      1415 Michigan Rd, Shelbyville, IN 46176
      View Details
    • $399,000
      4.00 Acres

      Shelbyville Commercial Land Development

      4-Acre Multifamily Development Site
      0 Saraina Rd, Shelbyville, IN 46176
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    • $120,000
      0.36 Acres

      Shelbyville Commercial Land Parcel

      0.36-acre lot, R-1 zoning, $120,000
      0 Eastern Ave, Shelbyville, IN 46176
      View Details
    • $1,450,000
      10.00 Acres

      400, Shelbyville, IN 46176

      Commercial real estate • 10.00 Acres
      400, Shelbyville, IN 46176
      View Details
    • Contact for pricing
      13.97 Acres

      Shelbyville Commercial Land - 13.97 Acres

      Prime Shelbyville location, divisible parcels, I-74 access.
      44 East Dr, Shelbyville, IN 46176
      View Details
    • $1,900,000
      10.00 Acres

      10-Acre Commercial Land, Shelbyville, IN

      High-visibility I-74 & Fairland Rd. location.
      400, Shelbyville, IN 46176
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,610 SF

      Shelbyville Retail Center Opportunity

      High-Visibility Retail Space Available
      809 Harrison St, Shelbyville, IN 46176
      View Details
    • Contact for pricing
      15,000 SF

      Retail Space in Shelbyville

      Retail spaces available in busy Shelbyville trade area.
      2521-2551 E State Road 44, Shelbyville, IN 46176
      View Details
    • Contact for pricing
      3,600 SF

      Unique Commercial Space in Shelbyville

      Two-story commercial space suitable for restaurants, bars, and coffee shops.
      405 North Harrison St, Shelbyville, IN 46176
      View Details
    • $300 /Mo
      2,298 SF

      Shelbyville Office Space Available

      Professional office space for rent in Shelbyville, Indiana.
      104 S Vine St, Shelbyville, IN 46176
      View Details
    • Contact for pricing

      Shelbyville Land For Rent

      Land available for rent in Shelbyville, Indiana.
      1840 E Michigan Rd, Shelbyville, IN 46176
      View Details
    • Contact for pricing
      17,000 SF

      Shelbyville Office Space For Lease

      Commercial spaces for lease with high visibility and ample parking.
      514 N Harrison St, Shelbyville, IN 46176
      View Details
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    400
    Shelbyville, IN 46176
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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