1792 N Riley Highway
Shelbyville, IN, 46176 $ 200,000
Baths0.0 Monthly Estimate*
$ 1,231
Studio for $200,000. The lot size is 0.77.
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.
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FeaturesGeneralSewer Not Applicable
Possession Closing
Development Status Not Applicable
Zoning BH
Topography Fill Needed
Township Addison
Property Subtype Unimproved Land
Tax Year 2025
County Shelby
New Construction N
Property Type Land
Subdivision Name No Subdivision
Other Structures Not Applicable
Status Active
Directions GPS Friendly
City Shelbyville
High School District Shelbyville Central Schools
MLS Area 7308 - Shelby - Addison
Lot Size Square Feet 33541
Standard Status Active
Tax Lot 29
Legal Description Pt N2 Sw Outlot 29 13 7 (1.67-.78) .77 Ac Survey
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ExteriorLot Size Acres 0.77
Road Surface Type Asphalt
Road Frontage Type City Street
Horse Amenities None
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* Excluded FeaturesList ByF.C. Tucker CompanyBroker
Annie.Scott@talktotucker.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,231
- Monthly Property Taxes
- $147
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Shelbyville, IN
Average List Price $249,725
Percent of Sale Price 25%
About Shelbyville, IN 19,449 Population
6% Since 2002
$ 43,451 Median Income
37.7 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
4045152 Elementary School
4045181 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/2/2026 | $200,000 | | Listed Price |