44 East Dr Shelbyville, IN 46176
This exceptional 13.97-acre commercial land parcel presents a unique investment opportunity in the thriving city of Shelbyville, Indiana. Strategically located on East Dr, State Road 44, this property boasts convenient access to Interstate 74, ensuring high visibility and easy accessibility for businesses and customers. The site is zoned BH, allowing for a diverse range of permitted uses, including retail, entertainment, general office, industrial, and medical facilities. Its prime location along Shelbyville's main thoroughfare and retail corridor places it amongst established businesses such as Walmart Supercenter, Big Lots, Aldi, Rural King, Kroger, and Goodwill, creating a strong synergy and attracting significant foot traffic. The property is divisible into two parcels: Parcel 1 encompasses 6.44 acres, while Parcel 2 comprises 7.53 acres, offering flexibility for various development scenarios. This presents an unparalleled chance to establish a new business or expand an existing operation in a high-demand area with excellent infrastructure and a robust commercial environment. The property's size and zoning make it ideal for a variety of projects, catering to diverse business needs and maximizing investment potential. Don't miss this opportunity to secure a prominent location in Shelbyville's dynamic commercial landscape. The property is situated in Shelby County, Indiana, with a zip code of 46176.
-
Quik pix Gas Station
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
Similar Nearby for Sale
Similar Nearby for Lease
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.