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.
Active
$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
- 124 days |
- 56 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Annie Scott 317-902-8622,
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22086067
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
| Date | Event | Price |
|---|---|---|
| 3/2/2026 | Listed for sale | $200,000-46.7% |
Source: | ||
| 3/4/2020 | Sold | $375,000+650% |
Source: Agent Provided Report a problem | ||
| 7/25/2015 | Listing removed | $50,000 |
Source: Williams & Williams Worldwide Real Estate Auction Report a problem | ||
| 6/23/2015 | Listed 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
Nearby schools
GreatSchools rating
- 5/10Coulston Elementary SchoolGrades: K-5Distance: 1.2 mi
- 6/10Shelbyville Middle SchoolGrades: 6-8Distance: 3 mi
- 6/10Shelbyville Sr High SchoolGrades: 9-12Distance: 2.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Shelby County
- Shelbyville
- 46176
- 1792 N Riley Hwy






