0 Dr Shelbyville, KY 40065
This exceptional commercial development opportunity in Shelbyville, Kentucky, presents a unique chance to capitalize on a thriving market. The property comprises three separate parcels totaling between 1.54 and 13.02 acres, all zoned C-Commercial, offering significant flexibility for various commercial ventures. Strategically located on Hill-N-Dale Dr, Shelbyville, KY 40065, this prime location boasts excellent visibility and accessibility. The land is shadow-anchored behind a busy Walmart and Lowe's, ensuring high traffic and consumer presence. An access easement is already approved, simplifying development plans. Furthermore, a signage easement is also in place, providing valuable marketing opportunities along the busy Taylorsville Road (Highway 55). The asking price of $1,700,000 is competitively priced, reflecting an appraisal conducted prior to recent significant area development. The seller is open to creative financing options, including cash, land exchanges (single-family housing, vacant or leased commercial buildings), or potential partnerships. The property's APN numbers are 031-00-060M
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
Similar Nearby for Lease
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.