Property profile

34 Rampart Rd Shelbyville, IN 46176

OFF-MARKET
Office Spaces
3,058 SF 1.89 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Total area 3,058 SF
Lot 1.89 ac (82,328 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

34 Rampart Rd Shelbyville, IN 46176
Shelbyville metro
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Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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