3453 Smithland Freedom St Shelbyville, IN 46176-9669
This exceptional mixed-use property, located just outside Shelbyville, Indiana, at 3453 W Smithland Freedom Street, presents a rare opportunity for small business owners. Boasting over 5,552 square feet of insulated workspace, this building sits on a half-acre lot, offering both ample space and a tranquil setting with scenic views. Completely renovated in 2017, the property is in excellent condition and ready for immediate occupancy. The versatile layout includes multiple work areas, perfectly suited for a variety of businesses. A dedicated spray booth room caters to specific needs, while a convenient office and half-bath provide essential amenities. Extensive storage space is also available, addressing the storage requirements of many businesses. The property's location offers the peace and quiet of a rural setting while remaining conveniently accessible to Shelbyville. This is an ideal space for a business seeking a combination of functionality, space, and a serene environment. The asking price is $324,900. Don't miss this chance to acquire a well-maintained, ready-to-use commercial property. Schedule your showing today.
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.