Shelbyville Exit 113 Land

Vacant Land for Sale
Catylist Listing ID: 30151321
Property Subtypes: Retail
Gross Land Area: 2.54 Acres
Sale Price: $995,000
Unit Price: $391,732 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/15/2017

Overview / Comments

Located on SR 9 at the growing north side of exit 113 in Shelbyville, off of interstate 74. The property consists of four residential parcels equaling about 2.54 acres which could potentially be rezoned for commercial use. Located at a signalized intersection. Traffic counts of 12,824 VPD in front of the property and 29,880 on I-74.

Nearby businesses include Cracker Barrel, Speedway, Wendy's, MHP Major Hospital which just opened in 2017. Indiana Grand Racing and Casino is only about 7 minutes away. Downtown Shelbyville about 6 minutes down state road 9.

About 25 miles (less than 40 minutes) from Indianapolis and just over 80 miles (about 1 hour and 15 minutes) to Cincinnati.

Additional Details

Nearest MSA: Indianapolis-Carmel-Anderson
County: Shelby
Tax ID/APN: 73-07-20-300-057.000-012
Zoning: RESIDENTIAL

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 16,412 25,169
Median Age: 35.09 38.01
Households: 6,627 10,040
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