For Sale
$990,000

420 Watson WayShelbyville, KY 40065

Prime Shelbyville KY Land, $990,000

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 3.19-acre commercial lot, identified as APN S6-27-001, presents a unique investment opportunity in Shelbyville, Kentucky. Located at 420 Watson Way, 40065, this vacant land boasts a strategic location within the rapidly growing Saddlebred Pointe development. The property is zoned C - Commercial, allowing for a variety of uses including office, retail, and retail-pad developments. Its prime location offers excellent visibility and accessibility, situated adjacent to a new Traditional Bank branch and a Hewlett Family Dental practice currently under construction at the intersection of Watson Way and The Pointe Blvd. Further enhancing its appeal, Shelbyville Pharmacy has recently purchased land nearby for a second location. All utilities are readily available on-site, and a detention basin is already in place, simplifying development. The property benefits from convenient roadway connections linking Freedom's Way to Ardmore Crossings, Collins High School, and MCM Academy. This area is experiencing significant growth, fueled by the influx of new businesses and hundreds of jobs. Two residential subdivisions are currently under construction nearby, and two apartment developments are in the planning stages, one of which is within Saddlebred Pointe itself. The asking price is $990,000, translating to $310,344 per acre, reflecting the exceptional value and potential of this remarkable property. This is an ideal opportunity to capitalize on the burgeoning commercial market in Shelby County.

Highlights

  • Versatile Commercial Zoning: Office, retail, and retail pad uses permitted.
  • Commercially Zoned: C-Commercial zoning designation.

Property Details for 420 Watson Way

Property type
Land
Lot Size (sq. ft)
138,956 SF

Location Insight

City
Shelbyville
County
Shelby
State
Kentucky
Latitude
38.262056
Longitude
-85.2308414
420 Watson Way, Shelbyville, Kentucky

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420 Watson Way
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