By Tanner Good | Principal Broker | KYCB Commercial Brokerage
129 N 4th St Danville, KY 40422 | 859-339-8105 | tanner@kycb.net
Kentucky’s commercial real estate landscape has been anything but dull in 2025. From small-town redevelopment projects to high-traffic retail corridors, Central Kentucky continues to show steady investor confidence and measured growth—even in a tightening credit environment.
At KYCB Commercial Brokerage, we’re seeing strong demand for properties that blend functionality, flexibility, and location value. Businesses are looking for well-built flex and mixed-use spaces, while investors continue to chase stable cap rates across multifamily, industrial, and medical office assets.
Interest in Danville, Lancaster, and Nicholasville has surged this fall. Local investors—many of whom previously focused on residential portfolios—are now turning toward small-bay industrial and mixed-use retail properties. With construction costs averaging $240–$260 per square foot, acquisition of existing buildings remains a more efficient path to ownership and income.
At 1620 Shakertown Road, for example, a recently listed garage + apartment + storage unit property demonstrates the resilience of multi-income assets in smaller markets. Investors are realizing that secondary markets like Danville can still deliver 8–10% pro forma returns without the volatility seen in metro cores.
Even as financing terms shift, Class A multifamily construction continues across Boyle and Garrard Counties. Demand from regional employers and Centre College’s consistent enrollment keeps occupancy above 95%, and rent growth remains positive. Developers meeting with KYCB this quarter have cited construction challenges—labor costs, utility extensions—but remain bullish on long-term absorption.
If you’re analyzing land for future apartments or townhomes, KYCB can provide site selection, zoning review, and pro-forma modeling—all under one roof.
• Adaptive reuse: Churches and office buildings repurposed into residential or light commercial space.
• EV-ready development: Properties integrating charging infrastructure are commanding premiums.
• Off-market acquisitions: Institutional buyers are quietly expanding into Central Kentucky’s tertiary cities.
Each trend tells a story about how investors are hedging risk and searching for yield in a changing landscape.
As a boutique commercial brokerage, KYCB combines large-market analytics with small-town knowledge. Whether you’re exploring a 5-unit multifamily, a redevelopment parcel, or a high-visibility retail site on Hustonville Road, we handle every stage—from valuation and negotiation to closing.
Our mission is simple: bring clarity, speed, and precision to every commercial transaction.
If you’re considering buying, selling, or repositioning a property in Central Kentucky, connect with:
Tanner Good, Principal Broker | KYCB Commercial Brokerage
📍 129 N 4th St, Danville KY 40422
📞 859-339-8105
✉️ tanner@kycb.net