403 Noble St Shelbyville, IN 46176-2166
- Warehouses
- 82,908 SF
- 1.19 lot acres
Nov 25, 2024
Current Use by Public Records
- Hickory Furniture / Furniture Wholesaler / Furniture Maker
Property Details for 403 Noble St
- Construction
- WOOD
- Lot size
- 1.19 lot acres
- Property size
- 82,908 SF
- Property type
- Warehouses
- APN
- 73-11-05-100-642.000-002
- APU
- 731105100642000002
Description
This exceptional 82,908-square-foot manufacturing facility presents a unique investment opportunity. Located at 403 S Noble Street in Shelbyville, Indiana, this three-story, all-brick building sits on a 1.75-acre lot. Constructed in 1891 and expanded in 1975, the property boasts a 16-foot ceiling height and three loading docks, providing ample space for operations. The building is classified as a "C" Class property and is considered a contributing structure by the Historic Landmarks Foundation of Indiana, offering potential for National Register of Historic Places listing. The property is conveniently situated just south of downtown Shelbyville, bordered by West Hendricks Street to the north, South Noble Street to the east, East South Street to the south, and Center Street to the west. The property features 30 parking spaces per 1,000 square feet. The zoning is designated as Industrial. The legal description is: 7FT SOUTH OF TAYLOR ST VAC & ALLEY & 37’ NPT LOT 40 & 37’ NPT LOT 44 & EHS 1ST LOT 9, 10, 16, 19, 17 & 18, 24, 27, 25, 26. The Shelby County Parcel Number is 73-11-05-100-642.000-002. This property is offered for sale with a leaseback option, making it an attractive proposition for both investors and businesses seeking a strategic location.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $540,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,160,000
Market price range: $992k - $7.61M
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Location Insight
- Map
- Local Demand
- City
- Shelbyville
- County
- Shelby
- State
- Indiana
- Longitude
- -85.7732
- Latitude
- 39.5211
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA