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  • $200,000

    1792 N Riley Hwy, Shelbyville, IN 46176

    --beds
    --baths
    0.77Acres
    Unimproved Land
    Built in ----
    0.77 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Unparalleled Restaurant Development Opportunity in Shelbyville, Indiana! Capture the energy of one of Central Indiana's fastest-growing commercial corridors with this premier, build-ready restaurant site located immediately off the I74 exit. Boasting exceptional visibility and direct access from a major interstate, this parcel sits at the heart of a bustling retail and hospitality cluster, surrounded by Zaxby's, Waffle House, Casey's, Shell, Taco Bell, Hampton Inn, and McDonald's. With over 20,000 vehicles passing nearby daily, the location guarantees exposure to both local residents and regional travelers. Shelbyville serves as the thriving county seat of Shelby County, with a population exceeding 20,800 and a trade area encompassing nearly 45,000 residents. Recent growth includes major industrial expansions, infrastructure upgrades, and residential development, positioning the city as a primary retail and service hub for surrounding communities, including Indianapolis, Franklin, Greenwood, Edinburgh, and New Castle. This strong regional draw creates a steady and growing customer base, perfect for a restaurant concept looking to establish a foothold in a high-demand market. This build-ready site offers restaurant operators a rare chance to leverage Shelbyville's momentum, capitalize on proven traffic patterns, and join a dynamic mix of national and regional brands. The property's combination of visibility, accessibility, and a growing trade area makes it a premier location for a restaurant poised to serve both local residents and regional visitors, capturing the full potential of Shelby County's economic and population growth.
    124 days
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    56
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    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    Annie Scott 317-902-8622,

    F.C. Tucker Company

    Source: MIBOR as distributed by MLS GRID,MLS#: 22086067MLS Logo

      Facts & features

      Property

      Lot
      • Size: 0.77 Acres
      • Features: See Remarks
      • Topography: Fill Needed
      Details
      • Parcel number: 730729300089000002
      • Zoning: BH
      • Zoning description: Planned Development
      • Horse amenities: None

      Utilities & green energy

      • Water: Not Applic

      Community & HOA

      Community
      • Subdivision: No Subdivision
      Location
      • Region: Shelbyville

      Financial & listing details

      • Annual tax amount: $1,762
      • Date on market: 3/2/2026
      • Cumulative days on market: 126 days
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        3/2/2026Listed for sale$200,000-46.7%
        Source: MIBOR as distributed by MLS GRID #22086067 Report a problem
        3/4/2020Sold$375,000+650%
        Source: Agent Provided Report a problem
        7/25/2015Listing removed$50,000
        Source: Williams & Williams Worldwide Real Estate Auction Report a problem
        6/23/2015Listed for sale$50,000
        Source: Williams & Williams Worldwide Real Estate Auction Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 46176

        Getting around

        25 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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