Commercial Real Estate Market in Shelton, NE
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 66 off-market properties in Shelton, NE.
Market Trends
Shelton, NE spans 90.7 square miles in Buffalo County, Nebraska. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Shelton, NE runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Shelton, NE runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Shelton, NE runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Shelton, NE runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 57.4%
- Industrial 31.6%
- Commercial 8.5%
- Agricultural 2.6%
Largest Zones share of zoned land by district
Residential
General Industrial
General Commercial
Agricultural
Residential Mobile
Shelton, NE zones 472 acres across 5 districts. Commercial zoning covers 8.5% of zoned land, residential 57.4% and industrial 31.6%. The largest single district is Residential at 57.2%. For commercial buyers the practical constraint is that only 40.1% of land carries a commercial or industrial designation.
General Industrial (GI)
GC=General Comme rcial, GI = General Industrial. P = permitted uses; C = conditional uses; A dash (“-”) indicates prohibited uses. SIGN TYPES GC GI Detached Signs Residential P N Premise Identification P P Directional P P Ground P P Pole P P Attached Signs Awning P P Banner P P Building Marker P P Canopy P P Premise Identification P P Incidental P P Marquee…
Market overview
Demographics & Economy
Shelton, NE has 1,502 residents in 733 households. Density runs 17 people per square mile. Median household income here is $79,607 and median gross rent $1,014 a month.
1,502
Population
733
Households
2
Avg Household Size
41
Median Age
19%
College-Educated
87%
High-School Grad
90.7 sq mi
ZIP Area
17
Density / Sq Mi
$79,607
Median Household Income
$39,756
Median Earnings
$1,014
Median Rent
$155,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Sharon | — | — |
| Denman | — | — |
| Newark | — | — |
| Wood River | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Shelton?
Shelton, NE zones 472 acres across 5 districts, of which 8.5% is commercial and 31.6% industrial. The largest single district is Residential at 57.2% of zoned land. Residential zoning covers 57.4% and open space 0%.
Where does Realmo's Shelton market data come from?
Realmo compiles Shelton, NE figures from 1 active sale listings, 66 tracked off-market properties, the current Shelton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Shelton, NE. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- 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: 472 zoned acres across 5 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 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest 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 August 2026 · report a data issue
