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Property profile & analytics
OFF-MARKET
Land

1 Boone Station Rd Shelbyville, KY 40065

1.29 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.29-acre commercial lot presents a prime investment opportunity in Shelbyville, Kentucky. Located at Lot 1 Boone Station Road, this property boasts a highly visible position on a heavily traveled bypass route connecting Shelbyville and Eminence. Its strategic placement within the Hi Point Business Park, just half a mile past Kroger, ensures excellent exposure to a substantial customer base. The surrounding area is characterized by a thriving commercial landscape, including established businesses such as KFC, Dollar General, Taco Bell, and Advanced Auto Parts. Furthermore, the property benefits from the proximity of a large residential neighborhood comprising approximately 275 apartments, providing a readily available consumer market. The lot is zoned C - Commercial, offering flexibility for a wide range of commercial developments. The property's APN is S10-11-010, and the asking price is $350,000. While this 1.29-acre parcel is currently available, there is the potential to acquire up to 22 acres of contiguous land. This makes it an ideal location for businesses seeking high visibility and access to a dense population. The property's location in Shelby County, Kentucky, with a zip code of 40065, offers easy access to major transportation routes.

Property profile
Verified
Property type Land
Lot 1.29 ac (56,192 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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