2235 Marketplace Blvd Shelbyville, IN 46176
This exceptional 19,478 square foot retail property, located at 2235 Marketplace Blvd in Shelbyville, Indiana, presents a unique investment opportunity. Situated in Shelby County, this single-tenant building boasts a highly desirable location with 300 linear feet of frontage along Progress Parkway, a major north-south thoroughfare. Progress Parkway provides excellent connectivity, linking the substantial residential growth in south Shelbyville directly to retail, professional services, and convenient highway access. The property's zoning is Commercial, making it suitable for a variety of uses including retail, medical, professional offices, or light industrial businesses. The building's prominent location ensures high visibility and accessibility, maximizing exposure to a large customer base. This strategic positioning offers significant growth potential for businesses seeking a strong presence in a thriving Shelbyville market. The property's zip code is 46176. This is an unparalleled chance to establish or expand your business in a prime location with exceptional visibility and convenient access. The property type is retail, with a medical/professional subtype.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.