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475 Shelton Ln 105,000 SF Vacant Industrial Building Russellville, KY 42276 $8,156,750 CAD ($77.68 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Shelton Lane offers a customizable, 105,000-square-foot speculative building located in the Shelton Lane Industrial Park.
  • Equipped with a 35-foot eave height and four loading docks, seamlessly supporting operations.
  • Surrounded by a growing population and a robust labor force of 290,760 within a 35-mile radius, all contributing to the vibrant community.
  • Situated on a spacious +16-acre tract with the potential to purchase additional adjacent acreage, perfect for expansion or outdoor storage use.
  • Zoned Heavy Industrial and expandable up to an additional 105,000 square feet.
  • Conveniently located within 25 minutes of several significant area thoroughfares, including Interstates 65, 165, and 169.

EXECUTIVE SUMMARY

Situated on a 16.43-acre tract in the Shelton Lane Industrial Park, the new speculative building at Shelton Lane is an impressive 105,000-square-foot facility currently under construction. This project is expected to be completed by the end of the third quarter of 2025, offering a modern and efficient manufacturing opportunity. Designed with durability and functionality in mind, the single-tenant facility features an 8-foot split-face CMU wainscot paired with insulated metal wall panels.

Building specifications include a 35-foot eave height and four docks, providing ample vertical and logistical capacity. This customizable space is expandable by an additional 105,000 square feet, allowing businesses to scale their operations. The property also includes generous acreage surrounding the new facility for further expansion or outdoor storage opportunities. Zoned as Heavy Industrial, this development is ideal for a wide range of manufacturing users.

Located in Logan County, the Shelton Lane site offers exceptional connectivity and economic potential. The property benefits from direct access to a four-lane highway, enabling swift connections to major highways, including Interstates 65, 165, and 169, all within approximately 25 minutes. Logan County’s strategic position and infrastructure make it a prime location for businesses seeking growth opportunities, bolstered by its commitment to supporting industrial development, job creation, and economic expansion.

SALE FLYER

PROPERTY FACTS

Price $8,156,750 CAD
Price Per SF $77.68 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 16.43 AC
Construction Status Under Construction
Rentable Building Area 105,000 SF
No. Stories 1
Year Built 2025
Clear Ceiling Height 31’
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 1
Zoning Industrial - Heavy Industrial

DEMOGRAPHICS

REGIONAL ACCESSIBILITY

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Nashville
669,053
52
1 h 16 m
Indianapolis
867,125
264
5 h 1 m
Columbus
892,533
358
6 h 55 m
Chicago
2,705,994
445
8 h 29 m
Charlotte
872,498
448
8 h 56 m
Detroit
672,662
506
9 h 37 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
18,993
Total Labor Force
9,016
Unemployment Rate
5.57%
Median Household Income
$54,078
Warehouse Employees
2,443
High School Education Or Higher
90.10%
$ values in USD

NEARBY AMENITIES

RESTAURANTS

Domino’s - - 3 min walk
Dairy Queen - - 10 min walk

RETAIL

Edward Jones Finance Company 8 min walk
Circle K, Inc. Convenience Market 10 min walk

HOTELS

Quality Inn
44 rooms
5 min drive
Econo Lodge
27 rooms
6 min drive

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
068-00-00-014-06
Land Assessment
$727,441 CAD
Improvements Assessment
$0 CAD
Total Assessment
$727,441 CAD

SALE ADVISOR

SALE ADVISOR

Tammy Costellow, Executive Operations Manager
Executive Operations Manager at Logan Economic Alliance for Development (LEAD). They are charged with the acquisition, financing, development, maintenance, and disposition of real estate intended for business development.
  • Listing ID: 34397479

  • Date on Market: 2025-01-07

  • Last Updated:

  • Address: 475 Shelton Ln, Russellville, KY 42276

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