Shopping Center

Shelbyville, IN Shopping Centers for Sale

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Retail Pad Site in Grocery Lot
Updated: Apr 12
Retail Pad Site in Grocery Lot

1601 E Michigan Rd, Shelbyville, IN 46176

Contact for pricing
Retail pad located within a Kroger parking lot
Pad size varies based on tenant needs
Developed jointly by Southeastern and Kroger
Built‑to‑suit or ground‑lease opportunities available (call for more information)
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Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 1 Active listings in Shelbyville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 15 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Neighborhood Retail Shopping Center
Neighborhood Retail Shopping Center

1107 N Arlington Ave, Indianapolis, IN 46219

$3,800,000
56,556 sqft 5.36 AC lot

Value-add retail shopping center with two single-story buildings and large parking field for convenient customer access.

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Multi-Tenant Retail Building For Sale
Multi-Tenant Retail Building For Sale

1789-1798 Melody Lane, Greenfield, IN

$1,500,000
7,800 sqft 0.90 AC lot

7,800 SF retail building with existing tenants in Greenfield, IN.

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Fully Leased Retail Center
Fully Leased Retail Center

1029-1051 N State St, Greenfield, IN

$6,377,592
33,090 sqft 4.26 AC lot

Fully leased retail center near Hancock Health Hospital.

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Two-Tenant Shopping Center
Two-Tenant Shopping Center

8201 Washington St, Indianapolis, IN 46219

Contact for pricing

Recent-construction shopping center featuring a two-tenant layout in Indianapolis, IN.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Zoned Commercial Development Land
Zoned Commercial Development Land

Wysscraft Lane, Martinsville, IN 46151

$5,800,000
10.00 AC lot

Multi-zoned 10-acre commercial parcel with electrical service on site and county TIF incentives available for development.

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Mixed-Zoned Land for Development
Mixed-Zoned Land for Development

4440 State Road 37 N, Martinsville, IN 46151

$6,800,000
29.87 AC lot

Near the White River with B2 and B3 zoning, plus agricultural zoning on part of the site.

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B-3 Zoned Commercial Land Parcel
B-3 Zoned Commercial Land Parcel

University Boulevard, Anderson, IN 46012

$812,000
8.12 AC lot

8.12+-acre B-3 commercial parcel with University Blvd frontage and direct access from Scatterfield Road.

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Zoned Neighborhood Shopping Center Parcels
Zoned Neighborhood Shopping Center Parcels

241 N Scatterfield Road, Anderson, IN 46012

$2,700,000
21.55 AC lot

Four B-3 commercial land parcels offer flexible development options near established retail and banking tenants.

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Off-Market Properties in Shelbyville, IN

Consider similar Off-Market properties in Shelbyville, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

114 Lee Blvd
SHOPPING CENTER, STRIP CENTER

114 Lee Blvd, Shelbyville, IN 46176-3403

Value Estimation by Request
14,496 sqft 1.43 AC lot
View details
2503 State Rd 44th, Unit 2551
SHOPPING CENTER, STRIP CENTER

2503 State Rd 44th, Shelbyville, IN 46176-1884

Unit 2551
$635,000
Estimated value
90,612 sqft 13.06 AC lot
View details
1408 Miller Ave
SHOPPING CENTER, STRIP CENTER

1408 Miller Ave, Shelbyville, IN 46176-3164

$560,000
Estimated value
26,455 sqft 2.21 AC lot
View details
1624 State Rd 44
SHOPPING CENTER, STRIP CENTER

1624 State Rd 44, Shelbyville, IN 46176-1844

$545,000
Estimated value
62,820 sqft 10.85 AC lot
View details
1800 State Rd 44
WHOLESALE OUTLET, DISCOUNT STORE

1800 State Rd 44, Shelbyville, IN 46176-1814

$1,830,000
Estimated value
90,426 sqft 9.18 AC lot
View details
1605 Michigan Rd
SHOPPING CENTER, STRIP CENTER

1605 Michigan Rd, Shelbyville, IN 46176-1832

$2,910,000
Estimated value
22,570 sqft 0.70 AC lot
View details
302 Duran Dr
SHOPPING CENTER, STRIP CENTER

302 Duran Dr, Shelbyville, IN 46176-1986

$2,155,000
Estimated value
13,850 sqft 1.73 AC lot
View details
2400 Marketplace Blvd
SHOPPING CENTER, STRIP CENTER

2400 Marketplace Blvd, Shelbyville, IN 46176-1992

Value Estimation by Request
5,920 sqft 1.04 AC lot
View details
514 Harrison St
WHOLESALE OUTLET, DISCOUNT STORE

514 Harrison St, Shelbyville, IN 46176-1314

$1,255,000
Estimated value
28,269 sqft 2.98 AC lot
View details
809 Harrison St
Neighborhood centers

809 Harrison St, Shelbyville, IN 46176

Value Estimation by Request
6,610 sqft 0.74 AC lot
View details
1814 State Rd 44
SHOPPING CENTER, STRIP CENTER

1814 State Rd 44, Shelbyville, IN 46176-1814

$555,000
Estimated value
42,662 sqft 8.93 AC lot
View details
2402 State Rd 44
SHOPPING CENTER, STRIP CENTER

2402 State Rd 44, Shelbyville, IN 46176-1869

Value Estimation by Request
8,100 sqft 1.95 AC lot
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2450 State Rd 44
SHOPPING CENTER, STRIP CENTER

2450 State Rd 44, Shelbyville, IN 46176-1900

Value Estimation by Request
15,423 sqft 1.72 AC lot
View details
2500 State Rd 44
WHOLESALE OUTLET, DISCOUNT STORE

2500 State Rd 44, Shelbyville, IN 46176

$7,065,000
Estimated value
183,330 sqft 18.24 AC lot
View details
722 Harrison St
WHOLESALE OUTLET, DISCOUNT STORE

722 Harrison St, Shelbyville, IN 46176-2102

Value Estimation by Request
13,597 sqft 0.19 AC lot
View details

Shelbyville, IN Shopping Centers Market Trends and Statistics

Explore 16 shopping centers for sale in Shelbyville, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $0.00.

Sale prices for plazas in Shelbyville, IN start at $0.00, averaging $0.00, and reaching up to $0.00 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 4
Storefront properties 2

Demographics Overview

Population 29K
Population Growth (5Y) +3.5%
Median Household Income $66,045
College Educated 25.8%

Taxes & Financing

Tax Rate (average for all types) 2.29%
Property Tax per SF $38.44 per SF
Tax Rate vs County Average 0.06 pp above county avg
Average Loan-to-Value 65.0%

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