34 Rampart Rd, Shelbyville, IN 46176
This exceptional Class A office building, located at 34 W Rampart Rd, Shelbyville, IN 46176, presents a unique investment opportunity. The single-story, 3,058 square foot building sits on a generous 1.89-acre lot, offering ample parking with a ratio of 8.38 spaces per 1,000 square feet. Its flexible floor plan caters to various uses, including executive, medical, and traditional office spaces, as well as retail. Recent interior and exterior improvements enhance its appeal. Conveniently situated just off I-74, this property boasts high visibility and easy access. The asking price is $650,000, translating to $212.56 per square foot. This represents a strong value proposition for owner-occupiers or investors seeking a well-maintained property with significant upside potential in a thriving Shelbyville location. The building's versatile design allows for customization to suit diverse business needs. Ample space and convenient location make this an attractive option for businesses seeking to establish or expand their presence in the Shelbyville market. The property is being offered for sale by owner.
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.