Shively, KY Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Shively, Kentucky Market population: 15K. Compare commercial properties across all major asset classes with...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Shively KY Properties: 86.0000%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Shively KY
Common questions from investors exploring commercial real estate in Shively KY.
What's the overall investment potential of Shively, KY, considering its demographics and economy?
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Shively, KY's median household income of $34,598, combined with a poverty rate of 20.1% and a high health insurance coverage of 91.8%, suggests a relatively stable market with working-class tenants. The city's diverse population, with top ethnicities including Black, White, and White Non-Hispanic, and its strong employment in Public Administration, Information, and Educational Services, indicate a solid demand for housing.
How does the commute time and transportation infrastructure impact the quality of life for residents and potential renters in Shively, KY?
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The average commute time of 21.5 minutes in Shively, KY, along with the top commute methods being Drove Alone, Worked At Home, and Carpooled, indicates a relatively convenient and flexible transportation infrastructure. This, coupled with a high health insurance coverage rate of 91.8% and a median age of 38.2, suggests a good quality of life for residents, making it an attractive location for potential renters and investors.
What are the key factors to consider when evaluating the rental yield potential of properties in Shively, KY?
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When considering rental yield potential in Shively, KY, it's essential to look at the median property value of $104,900, median property taxes of $3,713, and the homeownership rate of 58.0%. Additionally, the poverty rate of 20.1%, combined with the employed population of 6,253 and the top industries, provides insight into the tenant quality and potential for stable rental income.
How does the ethnic diversity and industry mix in Shively, KY, influence the local real estate market and demand for housing?
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The ethnic diversity in Shively, KY, with Black, White, and White Non-Hispanic being the top ethnicities, contributes to a vibrant community with varied housing needs. The city's industry mix, including Public Administration, Information, and Educational Services, attracts a diverse workforce, driving demand for housing and making it an attractive location for real estate investors seeking rental properties or development opportunities.
What role do income inequality and health insurance coverage play in assessing the stability and attractiveness of Shively, KY's real estate market for investors?
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Shively, KY's GINI coefficient of 0.416 indicates a moderate level of income inequality, while the high health insurance coverage rate of 91.8% suggests a relatively stable and healthy population. This combination, along with the median household income of $34,598 and poverty rate of 20.1%, provides investors with a comprehensive view of the market's stability and potential for long-term growth and returns on investment.
Shively KY Real Estate & City Facts
Key facts and real estate information about Shively KY.
What are some of the best neighborhoods to live in Shively?
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Some of the best neighborhoods to live in Shively include Loney Lane, which is a peaceful and family-friendly area, and Richlawn, which is known for its clean streets and beautiful surroundings. Additionally, the east parts of the city tend to be more desirable, while the southeast regions offer more affordable homes.
What are some fun things to do in Shively?
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There are plenty of fun things to do in Shively, including visiting the Big Four Bridge, Ohio River Greenway Entrance, and Cherokee Park. You can also check out the KMAC Contemporary Art Museum, Malibu Jack's Louisville, and the Speed Art Museum. For outdoor activities, head to Lake View Park or take a stroll along the Indianapolis Cultural Trail.
What is the food scene like in Shively?
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The food scene in Shively is diverse and delicious, with plenty of great local restaurants to choose from. Some popular spots include Franco's Restaurant & Catering, which serves up fantastic Southern and soul food, and Texas Roadhouse, which is a great place for a night out with friends. There are also plenty of great food trucks and cafes in the area, such as Buds Tavern and Annie's Pizza.
What are the pros and cons of living in Shively?
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The pros of living in Shively include its peaceful and family-friendly neighborhoods, affordable housing options, and plenty of outdoor activities to enjoy. However, some cons include the city's limited job opportunities and higher poverty rate compared to other areas. Additionally, some residents have noted that the city could benefit from more community events and activities.
Is Shively a good place to live?
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Overall, Shively can be a great place to live for those who value a peaceful and affordable community with plenty of outdoor activities to enjoy. While it may have its drawbacks, the city's friendly residents and delicious local food scene make it a charming place to call home. As with any city, it's essential to weigh the pros and cons and consider your individual priorities and needs before deciding if Shively is the right fit for you.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Shively KY Commercial Property: $34,598
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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