Commercial Real Estate Market in Shepherdsville, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
29 active listings and 802 off-market properties in Shepherdsville, KY.
Market Trends
Shepherdsville, KY spans 113.2 square miles in Bullitt County, Kentucky. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Shepherdsville, KY has a median asking sale price of $359/SF (based on 3 listings). Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in Shepherdsville, KY has a median asking sale price of $359/SF (based on 3 listings). Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Shepherdsville, KY runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Shepherdsville, KY runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 38.9%
- Industrial 33.1%
- Agricultural 14.7%
- Civic 7.5%
- Commercial 5.8%
Largest Zones share of zoned land by district
Shepherdsville, KY zones 9,347 acres across 29 districts. Commercial zoning covers 5.8% of zoned land, residential 38.9% and industrial 33.1%. The largest single district is Light Industrial at 25%. For commercial buyers the practical constraint is that only 38.8% of land carries a commercial or industrial designation.
The purpose of the I-L district is to allow uses such as assembly plants (except automobile assembly plants or similar types of plants), automobile repair (but not commercial wrecking, dismantling, or salvage yards), auto service stations, automobile, truck, and boat sales, and bottling works etc.
Market overview
Demographics & Economy
Shepherdsville, KY has 36,161 residents in 15,622 households. Density runs 319 people per square mile. Median household income here is $77,083 and median gross rent $939 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Shepherdsville?
What zoning applies to commercial property in Shepherdsville?
Where does Realmo's Shepherdsville market data come from?
Methodology & data sources
- Asking prices and medians
- There are 15 active for-sale and 14 active for-lease listings in Shepherdsville, KY. The sale median is based on 8 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 9,347 zoned acres across 29 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue