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Property profile

7 Boone Station Rd Shelbyville, KY 40065

OFF-MARKET
Commercial real estate
0.99 ac lot
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Property summary

AI-generated overview

This exceptional 0.99-acre vacant land parcel presents a compelling opportunity for commercial development. Strategically located at Lot 7 Boone Station Rd, Shelbyville, KY 40065, this property offers convenient access to key amenities and infrastructure. Situated within the Hi Point Business Park, the lot enjoys a prime location just half a mile beyond the Kroger supermarket, ensuring high visibility and accessibility for potential businesses. The address is specifically Lot 7 Boone Station Rd, Shelby County, Kentucky. The property's size of 0.99 acres provides ample space for a variety of commercial ventures. Its location within a business park suggests existing infrastructure and utilities, potentially simplifying the development process. The asking price for this exceptional property is $300,000. This represents a significant opportunity for investors seeking to capitalize on the growth potential of this thriving area. The precise coordinates are latitude 38.2110624 and longitude -85.2038755. This property is zoned for commercial use (further zoning verification is recommended). This is a rare opportunity to acquire a well-positioned commercial lot in a rapidly developing area. Don't miss out on this chance to secure a prime piece of Shelbyville real estate.

Property profile

Verified
Property type Commercial real estate
Lot 0.99 ac (43,124 SF)

Cap rate & NOI

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

Location

7 Boone Station Rd Shelbyville, KY 40065
Shelbyville metro
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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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