Property profile

2723 Us 231 Shelbyville, TN 37160

OFF-MARKET
Mixed-use properties
1 SF 25 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Mixed-use properties
Total area 1 SF
Lot 25 ac (1,089,000 SF)

Cap rate & NOI

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

Location

2723 Us 231 Shelbyville, TN 37160
Shelbyville metro
Google Maps

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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