2723 Us 231 Shelbyville, TN 37160
This exceptional 25-acre mixed-use property presents a unique investment opportunity in Shelbyville, Tennessee. Boasting 918 feet of road frontage on Harts Chapel Road and prime highway visibility on US 231, this location offers unparalleled access and exposure. The property's strategic position directly across from land designated for a future MTSU flight school ensures significant long-term growth potential. Its proximity to key amenities further enhances its appeal. The Shelbyville hospital and courthouse are conveniently located nearby, providing immediate access to essential services and a strong local community. Furthermore, the property benefits from its location near thriving new businesses, including the renowned Nearest Green Distillery and the Tennessee Downs development, contributing to a dynamic and expanding commercial landscape. This expansive acreage provides ample space for a variety of development possibilities, catering to diverse commercial and potentially residential uses, making it an ideal investment for both short-term and long-term returns. The sheer size and strategic location of this property make it a rare find in a rapidly developing area. Serious inquiries are encouraged to explore the full potential of this remarkable opportunity. The property's 1 square foot building offers potential for expansion or redevelopment. The high traffic count on both US 231 and Harts Chapel Road ensures maximum visibility for any future development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.