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. 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.
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99.11ACRES
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01/2 BATHS
School Ratings & Info
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. 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.
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Listing provided courtesy of Torrey Smith Realty Co., LLC: (502) 633-0220.
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