I-64 Corridor Industrial Flexspace

Industrial for Sale
Catylist Listing ID: 30872710
Property Subtypes: Cold Storage, Flex Space, Food Processing, Free-Standing, Industrial-Business Park, Manufacturing, Light Industrial, Office Showroom, Warehouse/Distribution
Building Size (RSF): 14,000 SF
Sale Price: $1,350,000
Unit Price: $96.43 PSF
Ceiling: 26 ft.
Docks/Doors: 15 Doors
Drive In Bays: 3 Bays
Property Use Type: Investment, Vacant/Owner-User, Business
Usable Size (USF): 14,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/12/2024

Overview / Comments

This 14,000 SF of FlexSpace boasts three 15ft drive in doors and six man doors. Currently standing open with posts supporting the 23'4" center ridge, no office space and no restrooms, the space is currently set up as warehouse space for a single end-user. Future installation of demising office, plumbing and HVAC would allow for up to three tenants.

This Building is adjacent to 4+ acres or pre-engineered land that is currently on the market. https://www.kcrea.com/listing/30872731

This building is right next to 300 plus acres recently annexed by the city of Shelbyville and approved for Heavy Industrial zoning.

Attachments & Media

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Shelby
Taxing Authority: Shelbyville
Tax ID/APN: 060-00-001|1
Zoning: I-1 - Industrial - Light
Property Located Between: Light Industrial Businesses
Highway Access: HWY 55, US 60, Interstate 64, Interstate 71, Interstate 65, Interstate 75
Airports: Louisville SDF
Site Description: 14,000 SF of Flex Space
Area Description: Shelbyville is in the demographic center of the United States located within Kentucky's 'Golden Triangle' which contains a majority of the state's population, wealth and economic growth. Shelby County is continually ranked in the top three fastest growing counties in Kentucky while boasting numerous business parks with over 65 industrial businesses. Currently expanding with record housing starts, Shelbyville sits on The Bourbon Trail with four new distilleries being developed. Logistics routes are highly accessible to four interstate highways, I-64, I-65, I-71, and I-75 along with proximity to UPS, DHL, and Amazon World Ports.
Tenancy: Single Tenant
Total Number of Buildings: 1
Typical SF / Floor: 14,000 SF
Property Condition: Good
Year Built: 2008
Roof Type: Other
Construction/Siding: Brick/Aluminum Siding
Exterior Description: Block base with aluminum walls.
Parking Type: Surface
Parking Description: Gravel and Asphalt
Total Parking Spaces: 33
Eave Height: 20
Column Spacing: 20 ft
Overhead Cranes: Undisclosed
Sprinklers: Wet
Heat Type: Other
Heat Source: Other
Air Conditioning: Other
Lighting: LED, Fluorescent
Internet Access: Other
Interior Description: Open warehouse floor plan with support posts running along the center ridge line.
Zoning Description: Light Industrial in the Hi Point Industrial Park in Shelbyville, KY
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress, Utilities
Easements Description: See the PUD.

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 18,511 21,333
Median Age: 34.58 35.39
Households: 6,770 7,871

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