2914 State Rd 44 Shelbyville, IN 46176-9287
This exceptional 3,263 square foot office building, situated on a one-acre lot at 2914 E State Road 44 in Shelbyville, Indiana, presents a unique investment opportunity. Currently configured as a veterinary clinic, this property boasts a highly desirable location with excellent visibility and accessibility. Its proximity to Interstate 74 (just over 1200 feet away) ensures high traffic volume, with a daily count exceeding 8,000 vehicles. The building features a convenient blacktop driveway and ample parking. The interior comprises multiple office spaces, perfectly suited for a variety of uses. The existing zoning, Business Highway (BH), allows for a seamless transition to other medical practices, pet-related businesses such as a dog daycare or grooming facility, or even conversion for personal use after suitable remodeling. The property's size, location, and existing infrastructure make it an ideal choice for entrepreneurs and investors seeking a turnkey solution or a blank canvas for their business vision. The building's history as a veterinary clinic provides a solid foundation for continued success in a similar field or a fresh start for a new venture. This is a rare opportunity to acquire a well-positioned commercial property in a thriving community.
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.