1007 North Riley Highway

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1007 North Riley Highway

Shelbyville, IN 46176
Asking Price
$697K
Asset Type
Restaurant Office
Class
Class B

What's Special

1 ac prime location with high traffic count <p><strong style="color: rgba(0, 0, 0, 1)">Near downtown Shelbyville, this prime opportunity for Business Highway development with high traffic count of 16,678 now available. A recorded staked survey is on file for this 1 acre level lot that is ready for your next project with public utilities nearby. Additional acreage may be available and is in the process of being platted. Great opportunity awaits for you to build in the BH Business Highway District in an area for establishments that serve tr

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NOI
$80,000
Cap Rate
11.48%
DSCR
1.93
Strong
Cash-on-Cash
18.47%
Monthly Payment
$3,447.881
Annual Cash Flow
$38,625.429

Location & Travel Times