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Property profile & analytics
OFF-MARKET
Land

0 Boone Sta & Mt Vernon Rd Shelbyville, KY 40065

22.68 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 22.68-acre vacant land parcel presents a remarkable investment opportunity in Shelbyville, Kentucky. Strategically located on Boone Station & Mt Vernon Rd, this property enjoys high visibility due to its position on a heavily traveled bypass road connecting Eminence and Shelbyville. The site's proximity to a cluster of established businesses, including a Kroger shopping center, Dollar General, KFC, Advanced Auto Parts, Goodwill, and Taco Bell, ensures significant foot traffic and brand recognition. The expansive acreage offers considerable flexibility for a wide range of commercial developments, catering to the needs of a thriving community. With its prime location and accessibility, this property is ideally suited for businesses seeking high visibility and convenient access to a substantial customer base. The asking price for this exceptional land parcel is $1,500,000. Detailed site surveys and zoning information are readily available upon request. Don't miss this chance to acquire a highly desirable commercial property in a rapidly growing area. This is a rare opportunity to secure a significant land holding in a prime location with excellent potential for future development and substantial return on investment. The property is zoned for commercial use and is ready for immediate development.

Property profile
Verified
Property type Land
Lot 22.68 ac (987,941 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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