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Property profile & analytics
OFF-MARKET Estimated value $2,625,000
Office buildings

1605 Midland Trl Shelbyville, KY 40065-1638

1.99 ac lot Built 2005
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US34-1590337
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING (MULTI-STORY)
Year built 2005
Construction STEEL FRAME
Lot 1.99 ac (86,467 SF)
Zoning code COMMERCIAL
APN S2-06-013
UPID US34-1590337
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • higi Physician
  • CDReload - Online Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.63M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.63M
Owner & transaction history
Mahant Shelbyville LLC · 2 yrs held
Mahant Shelbyville LLC
since 2024
Last sale
$2.6M
3 recorded transactions
2024
$2.6M
2006
$35.4M
2006
$3.1M
Zoning & alternative use
COMMERCIAL · Shelbyville, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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