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Property profile & analytics
OFF-MARKET
Warehouses

0 Conder Way Shelbyville, KY 40065

14,000 SF 4.5 ac lot Built 2008
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Year built 2008
Total area 14,000 SF
Lot 4.5 ac (196,020 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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