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    Legacy Ct Shelbyville, KY 40065

    • Land
    • 1.79 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Legacy Ct

    Lot size
    1.79 lot acres
    Property type
    Land

    Description

    This exceptional 1.79-acre commercial lot presents a remarkable investment opportunity in Shelbyville, Kentucky. Located in the Heritage Development off Freedom's Way, this property boasts a highly desirable C-3 zoning designation within a BEQ overlay. Its strategic position benefits from a recently completed road extension providing convenient access to hundreds of new homes and new industrial construction. The lot enjoys excellent visibility and accessibility, enhanced by a nearby lighted interchange. All necessary utilities are readily available for immediate development. This parcel, identified as Lot 4a, is part of a successful development

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shelbyville
    County
    Shelby
    State
    Kentucky
    Longitude
    -85.253
    Latitude
    38.2244

    Comparable in this City

    • Value Estimation by Request
      2.33 Acres

      3 Heritage Park

      Land • 2.33 Acres
      3 Heritage Park, Shelbyville, KY 40065
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    • Value Estimation by Request
      1.79 Acres

      Legacy Ct

      Land • 1.79 Acres
      0 Legacy Ct, Shelbyville, KY 40065
      View Details
    • Value Estimation by Request
      2.50 Acres

      Willis St

      Distribution properties • 9,894 SF
      0 Willis St, Shelbyville, KY 40065
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    • Value Estimation by Request
      1.30 Acres

      230 Mortown Way

      Land • 1.30 Acres
      230 Mortown Way, Shelbyville, KY 40065
      View Details
    • Value Estimation by Request
      1 SF

      4280 Way

      Land • 1 SF
      4280 Way, Shelbyville, KY 40065
      View Details
    • Value Estimation by Request
      22.68 Acres

      4 Boone Station Rd

      Land • 22.68 Acres
      4 Boone Station Rd, Shelbyville, KY 40065
      View Details

    Similar Nearby for Sale

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      I-64 Shelbyville KY Retail Land

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    Similar Nearby for Lease

    • Contact for pricing

      Commercial Land Tracts For Lease

      Commercial land for lease at signalized corner in Shelbyville.
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      Shelbyville Retail Space For Lease

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      94,588 SF

      Village Plaza Retail Center

      Shelbyville, KY Shopping Center - Spaces Available
      11 Village Ln, Shelbyville, KY 40065
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    Legacy Ct
    Shelbyville, KY 40065
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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