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    Property profile & analytics

    300 Shelbyville, IN undefined

    • Land
    • 61.68 lot acres
    For Sale
    View listing
    $4,009,200
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 300

    Lot size
    61.68 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 61.68-acre parcel presents a rare opportunity for industrial development in Shelbyville, Indiana. Located in Shelby County, this property boasts a highly desirable AG zoning designation, making it ideal for a variety of industrial uses. Situated adjacent to the POET Sustainable Bioproducts facility, this site offers significant advantages for businesses seeking proximity to established industry. All utilities are already in place, simplifying the development process and minimizing upfront costs. The property benefits from recently improved access to Interstate 74, ensuring efficient transportation and logistics. Its flat topography further streamlines construction and site preparation. The location within Shelbyville's planned industrial corridor, near the Shelbyville Airport and only 20 minutes from downtown Indianapolis, provides unparalleled access to a skilled workforce and major transportation hubs. The property's APN is 73-06-24-100-005.000-006. This is a turnkey opportunity for businesses seeking a strategic location for expansion or new development in a thriving industrial area. The asking price for this exceptional property is $4,009,200.

    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
    Indiana
    Longitude
    -85.803331
    Latitude
    39.485089

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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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