$21,000,000
Shelbyville, KY 40065
MLS# 1696401
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Property Description
99-Acre Development Opportunity | Zoned IC/R/Ag | Future Land Use: Interchange Commercial & Industrial | I-64 Exit 32 - Shelbyville, KY Located directly off I-64 at Exit 32 between Louisville and Lexington, this 99-acre tract offers a rare opportunity for high-visibility, large-scale development in one of Kentucky's most active growth corridors. The site currently includes zoning classifications of Interchange Commercial (IC), Residential (R), and Agricultural (Ag). However, the Shelby County Comprehensive Plan designates the entire property for future Interchange Commercial and Industrial use, aligning it with a wide range of development options, including retail, logistics, automotive, service, and corporate facilities.
Details
Maps
Contract Info
Office Exclusive?: No
HOA Y/N: No
HOA Annual $: 0
HOA Fee: No
List Price/Acre: 211885.78
Original List Price: 21000000
Listing Date: 2025-08-26
Listing Price: 21000000
Property Sub Type: Residential Land
Location, Tax & Legal Info
Sub Area: A
Parcel ID: 032-00-052
Deed Bk: 343
Pg #: 079
Block: 0
Lot: 0
Sub-Lot: 0
Directions: I-64; Exit 32; Travel North, Immediately to your Right off of Old Brunertstowon Road, Property on Right
Disclosure: No
General Property Description
Dedicated Road?: Y
Frontage: 1111111
Lot Dimensions: 0
Zoning: Commercial
Restrictions: No
Flood Plain: No
Acres: 99.11
Lot Description
Cleared: 1
Lot Access
County Road: 1
Utilities
Other: 1
None
Current Price: $21,000,000
Location Tax Legal Info
Street #: 2118
Street: Old Finchville
St Suffix: Rd
Area: 30-Shelby County
County: Shelby
State/Province: KY
Zip Code: 40065
Subdivision/Condo: NONE
Geo Lat: 38.192366
Geo Lon: -85.262553
Status Change Info
Status: Active
Property Features
Lot Description: Cleared
Lot Access: County Road
Utilities: Other
Supplements
The property benefits from direct access to the interstate, ideal topography, and proximity to utility infrastructure. IC zoning currently allows for agriculture, farm dwellings, and planned-unit developments (excluding heavy industry), with conditional uses including commercial subdivisions and auto-related services. Rezoning the entire tract to IC is considered achievable given the Future Land Use Map and supportive local planning environment. Owned by the same party since 1997, this tract is positioned for transformative commercial investment in a high-growth area with excellent long-term upside.
Listing Office: Torrey Smith Realty Co., LLC
Last Updated: August - 26 - 2025
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Broker Attribution:
502-633-0220