Shively, KY
Commercial Real Estate Market Trends & Data

$156 Avg asking sale price
$1,842 Avg asking lease rate
15,367 SF Avg unit lease size
27,837 SF Avg building size for sale
7.62% Average cap rate

Shively's Demographic Profile

Shively has 6,155 households and a median income of $43,217, providing context for rent absorption and tenant demand across retail and multifamily assets. A -2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 14,775
# Households 6,155
Median age 41
Median household income $43,217
Avg household size 2.0
Renter-occupied housing units 2,650
5-year population change -2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Shively, KY

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Shively $239 35,027 SF 9.86%
New Albany $71 25,329 SF 9.39%
Louisville $204 26,003 SF 13.96%
Clarksville $163 11,627 SF 7.75%
Nearby Retail Markets Avg Cost/SF Typical Size
Shively $119 4,344 SF
New Albany $76 17,121 SF
Louisville $418 12,070 SF
Clarksville $264 12,591 SF
Saint Matthews $540 12,561 SF

Commercial Properties For Sale in Shively

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Prime Commercial Lot with Dual Access

Louisville, KY 40216

  • 5.13 AC Lot
  • 1 Commercial Lot
  • $769,500
For Sale

3900 Cane Run Rd

Louisville, KY 40211

  • 32,000 SF Industrial Building
  • $2,100,000
For Sale

Integra MRI & Pain Center Multi-Tenant Strip

Louisville, KY 40210

  • 7,400 SF Retail Building
  • 9.86% Cap Rate
  • $999,999
For Sale

2115 Crums Ln

Louisville, KY 40216

  • 3,050 SF Retail Building
  • $169,900
For Sale

3958 Cane Run Rd

Louisville, KY 40211

  • 8,315 SF Retail Building
  • $520,000
For Sale

1311 Bernheim Ln

Louisville, KY 40210

  • 21,599 SF Industrial Building
  • $675,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Shively pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Shively $156 27,837 SF
New Albany $89 29,477 SF
Watterson Park $77 10,442 SF
Fairdale $87 103,530 SF
Louisville $267 32,817 SF

Regional Demographic Comparison

This comparison places Shively alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Shively or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Shively 14,775 6,155 41 $43,217 2 2,650 -2%
New Albany 39,425 17,014 40 $49,074 2 7,547 2%
Watterson Park 962 458 40 $32,000 2 240 -2%
Fairdale 10,322 4,069 39 $55,081 3 1,352 1%
Louisville 628,082 261,442 39 $58,913 2 108,959 -1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Shively, KY and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Shively

View All Commercial Real Estate For Sale in Shively
Is Shively a good market for a first-time commercial real estate investor?

Shively offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Shively?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Shively. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Shively?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Shively. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Shively compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Shively. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Shively acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Shively, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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