Hwy 53 - St. Regis Drive Retail Lots

Vacant Land for Lease
Catylist Listing ID: 30869366
Property Subtypes: Retail, Retail-Pad
Gross Land Area: 4.50 - 5 Acres
Lease Rate: $9,000 - 10,000 (Monthly)
$0.55 - 0.61 PSF (Annual)
Lease Types: Ground Lease
Adjacent Parcels Available: Yes
Last Updated: 4/4/2024

Overview / Comments

Excellent opportunity to ground lease 4 lots on 4.5-5 acres at a signalized corner of Hwy 53 Mt Eden Road, and St. Regis Drive. Prime development site with high visibility from Hwy 53 and located right off I-64 (50,000+ VPD).

This location is minutes from downtown Shelbyville and nearby tenants include Kroger, Norton, and Circle K, Speedway, and Cracker Barrel.

Traffic count of 17,000 vehicles per day.

Shelbyville population of 17,565 as of 2023 with a median household income of $70,751

Perfect site for Quick Service Restaurants, gas stations, Medical care facilities, etc.

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Additional Details

Nearest MSA: Louisville/Jefferson County
County: Shelby
Tax ID/APN: 051-00-010|2
Zoning: X-1 - Limited Interchange
Property Visibility: Excellent
Largest Nearby Street: Hwy 53
Traffic/Vehicle Count: 16,899
Highway Access: I-64 less than 1 mile away

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,276 17,920 22,858
Median Age: 31.12 34.52 36.01
Households: 810 6,591 8,441
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