571 Catalpa Ln

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Address: 571 Catalpa Ln, Shelbyville, KY 40065, USA
Atlanta & Southeast + Land/Development
Created date: August 6, 2026
Date last updated: August 27, 2026
Price: $1,100,000Investment Analyzer NEW!
  • • 3.74± acres of prime development land
  • • Located just seconds from I-64 Exit 35
  • • Potential for I-C (Interchange Commercial) rezoning (subject to governmental approval)
  • • Existing 3-bedroom, 1-bathroom home included
  • • No value assigned to the residence—the property is priced for its land and commercial development potential
  • • Level topography with excellent development potential
  • • Convenient access from Catalpa Lane
  • • Surrounded by Cracker Barrel, Waffle House, Speedway, Circle K, and Hometown Pizza
  • • Positioned in one of Shelbyville's growing commercial corridors
  • • Ideal for retail, restaurant, hospitality, office, medical, automotive, or service-related development
  • • Approximately 30 minutes to downtown Louisville
  • • Approximately 50 minutes to Lexington
  • • Quick interstate access to both the Louisville and Lexington metropolitan markets
  • • Strategically located between Kentucky's two largest metropolitan areas
  • • Excellent opportunity for investors, developers, and owner-users

Property Description

Prime 3.74-Acre Commercial Development Opportunity Located just off I-64 Exit 35, 571 Catalpa Lane offers 3.74 acres of prime development land in one of Shelbyville's fastest-growing commercial areas. Surrounded by established national and regional businesses—including Cracker Barrel, Waffle House, Speedway, Circle K, and Hometown Pizza—this property's strategic location offers outstanding accessibility and visibility for future commercial development. With immediate access to both eastbound and westbound I-64, the site is ideally positioned to benefit from the continued growth along this thriving commercial corridor. The property features approximately 3.74 level acres with excellent road frontage and convenient access from Catalpa Lane. With the potential to be rezoned to I-C (Interchange Commercial), subject to governmental approval, this site is well suited for a variety of future commercial uses. The existing 3-bedroom, 1-bathroom home is included with the property; however, no value has been assigned to the residence in the listing price. The property is being marketed primarily for its commercial development potential and exceptional location. Whether you're planning a hotel, restaurant, convenience store, office building, medical facility, retail center, automotive business, or another commercial venture, this property's location provides the visibility, accessibility, and growth potential to support long-term success.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Land/Development
Price: $1,100,000
Year Built: 1946
Lot Size: 3.74 Acres
Opportunity Zone: No
Property Website Click Here
Address: 571 Catalpa Ln, Shelbyville, KY 40065, USA
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