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1792 N Riley Highway, Shelbyville, IN 46176

No Subdivision · Shelby County

Key Facts

0.77Lot (acres)

Description

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.

Property Information

Property Type

Land

Sub-Type

Unimproved Land

Lot Size

0.77 acres

Zoning

BH

Days on Market

103

MLS® Listing#

22086067

Property Features

Financial Details

Parcel Number

730729300089000002

Directions

GPS Friendly

Affordability Calculator

$40,000

Estimated monthly payment

$1,064/mo

Principal $160,000 · Est. interest $223,214 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Shelbyville, IN

$285,714
Median Listing Price
49
Median Days on Market
2,022
Median Sq Ft
$150
Median Price / Sq Ft
86
Active Listings
  • This home’s price is 30% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Shelbyville, IN.

Location

Map showing the location of 1792 N Riley Highway, Shelbyville, IN 46176

Points of Interest in Shelbyville, IN

Showing the Shelbyville area map.

Nearby Schools

  • Coulston Elementary School

    Elementary · 1.2 mi away

  • The Excel Center

    Secondary · 1.5 mi away

  • Discovery Preschool

    School · 1.6 mi away

  • St Joseph Catholic School

    Elementary · 1.7 mi away

  • Shelbyville Central Schools

    School · 2.1 mi away

  • Loper Elementary School

    Elementary · 2.5 mi away

  • Blue River Career Programs

    Secondary · 2.6 mi away

  • Shelbyville Central Schools

    Elementary · 2.6 mi away

  • Hendricks Elementary School

    Elementary · 2.7 mi away

  • Apostolic Christian School

    Secondary · 2.8 mi away

  • Shelbyville High School

    Secondary · 2.9 mi away

  • Shelbyville Middle School

    Secondary · 3.0 mi away

  • Shelby Eastern Schools

    School · 5.7 mi away

  • Triton Central Middle School

    Secondary · 6.8 mi away

  • Triton Central High School

    Secondary · 6.8 mi away

  • Northwestern Consolidated School

    School · 6.9 mi away

  • Triton Central Elementary School

    Elementary · 7.0 mi away

  • Southwestern Consolidated Schools of Shelby County

    Secondary · 8.2 mi away

  • Southwestern Elementary School

    Elementary · 8.2 mi away

  • Waldron Junior-Senior High School

    Secondary · 8.9 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

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Moving Cost Estimate

EXIT Agents in Shelbyville

Listing Courtesy: F.C. Tucker Company - Annie.Scott@talktotucker.com

Listings courtesy of MIBOR as distributed by MLS GRID. IDX information is provided exclusively for consumers’ personal non-commercial use. This data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed by MLS GRID, use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2026-03-02

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Data provided by MIBOR. MLS® Listing#22086067. © 2026EXIT Realty®. All rights reserved.