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    1605 Midland Trl Shelbyville, KY 40065
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    Property profile & analytics

    1605 Midland Trl, Shelbyville, KY 40065

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    • Office buildings
    • 1.99 lot acres
    Freestanding Building on Midland Trail For Lease
    $2,625,000
    14,735 SF

    Freestanding Building on Midland Trail

    Freestanding building with high frontage and convenient access.

    1605 Midland Trl, Shelbyville, KY 40065
    View Listing
    Property ID
    US34-1590337
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,625,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • higi / Physician
    • CDReload - Online Bitcoin ATM / Atm

    Property Details for 1605 Midland Trl

    Year built
    2005
    Construction
    STEEL FRAME
    Lot size
    1.99 lot acres
    Zone code
    COMMERCIAL
    Property type
    Office buildings
    APN
    S2-06-013
    APU
    S206013

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 8, 2024 $2,625,000 Mahant Shelbyville LLC Kempler Investments LLC Warranty Deed $2.1M · Wesbanco Bank INC
    Jun 20, 2006 $35,395,452 Shelbyville Investments LLC Sovereign Ra LLC Deed $1.2M · Lasalle Bank NA
    Mar 31, 2006 $3,135,680 Sovereign Ra LLC Rite Aid Of Kentucky INC Deed —

    Description

    This exceptional 14,735-square-foot freestanding retail building in Shelbyville, KY, is available for sublease. Built in 2006, the single-story structure sits on a 1.35-acre lot (APN: S2-06-013) and boasts a prime location at the signalized intersection of Midland Trail and Mack Walters Road, with additional access from Peachtree Street. The property offers significant visibility with over 300 feet of frontage along Midland Trail and includes an exclusive pylon sign for enhanced branding. Ample parking is provided with 55 spaces, complemented by a convenient pick-up window. The building is zoned C - Commercial and is ideally situated in the heart of Shelbyville's retail corridor, near major anchors such as Walmart Supercenter, Lowe's, Kroger Marketplace, and Rural King. This location offers easy access for customers and excellent exposure to high traffic volumes. The Shelbyville trade area is conveniently located east of Louisville, providing access to a substantial customer base. The property's single-tenant occupancy offers flexibility and control for the new lessee. This turnkey opportunity presents a rare chance to establish a strong retail presence in a thriving Kentucky market.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,625,000
      ML approach
      $2,625,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Shelbyville
    County
    Shelby
    State
    Kentucky
    Longitude
    -85.2396
    Latitude
    38.2132
    CBSA code
    31140
    CBSA name
    LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $37,230
    $0.00
    $0.00
    $3,539,452
    -
    $0.00
    $0.00
    $3,539,452
    View Listing
    More about this property
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