0 Conder Way Shelbyville, KY 40065
This exceptional 14,000-square-foot industrial property in Shelbyville, KY, presents a unique investment opportunity. Located on approximately 4.5 acres of I-1 zoned land, this single-story, 2008-built warehouse offers significant potential. The building features three 15-foot-high drive-in doors and six man doors, with a 23-foot ceiling height. Currently vacant and available for immediate occupancy on December 1st, 2024, the space is adaptable to various uses, including flex, R&D, and warehouse operations. While currently lacking office space and restrooms, utilities are stubbed at the site, allowing for future customization to suit multiple tenants. The property's strategic location within Shelby County, near major highways, provides easy access to a large portion of the US population. The adjacent 4+ acres of pre-engineered land, featuring approved building pads, offers expansion opportunities. This prime location is surrounded by thriving industry and over 300 acres of newly annexed industrial land, making it an ideal site for businesses seeking a strong foundation for future growth. The asking price is $2,875,000.
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.