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4280 Way Shelbyville, KY 40065

OFF-MARKET Land Google Maps
3.5 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 3.5-acre commercial lot presents a rare opportunity in Shelbyville, Kentucky. Situated at 4280 Freedom's Way, this prime parcel is the front corner lot of Saddlebred Pointe, a burgeoning commercial and mixed-use development. Boasting C-4 Highway Commercial zoning, the property is ready for immediate development. Utilities are readily available, including sewer, electricity, storm drainage, natural gas, and AT&T fiber optic service. Water access is conveniently located via The Pointe Blvd. The lot enjoys high visibility, positioned directly across The Pointe Blvd from the newly constructed Traditional Bank. A significant advantage is the planned installation of a traffic signal, enhancing accessibility and visibility. Furthermore, a new entrance with a dedicated turn lane is under construction, ensuring convenient ingress and egress. The property's APN is 040-00-008B. With a total asking price of $4,000,000, this represents a land value of $1,142,857 per acre. Don't miss this chance to secure a prominent location in a thriving Kentucky community. This is a truly exceptional opportunity for developers seeking a high-impact commercial site.

Property profile

Verified
Property type Land
Lot 3.5 ac (152,460 SF)

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
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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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