What are the different types of commercial real estate?

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate . However, there are three main categories that you are most likely to come across: office, retail, and industrial space . Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Northfield commercial real estate market incorporates 464,627 square feet of office space across 8 buildings. Office buildings can also accommodate coworking spaces , which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities.

What types of commercial real estate are available in Northfield, KY?

The largest share of commercial real estate space for lease in Northfield is represented by Office space , which accounts for 12,577 square feet of available listings.

What factors affect the price of commercial real estate in Northfield, KY?

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

What are the best areas for commercial real estate in Northfield, KY?

The best choice of location for commercial space depends on the factors that are most relevant to your business. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type. As such, there are several areas that you could consider to be the best location for commercial real estate in Northfield, depending on the property type you are interested in. Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

How do I find a good commercial real estate broker?

Whether or not leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker . In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market , the property type you need representation for, and will handle negotiations on your behalf in your best interest. To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker . Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests. CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

What is the most profitable commercial real estate?

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property.

What is the average size of a commercial property in Northfield, KY?

The average size of a commercial property in Northfield depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use: In Northfield, the average size of an office property is 58,078 square feet.

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9 Commercial Real Estate Listings in Northfield, KY

CRE Market Stats

Brownsboro Office Park

6000 Brownsboro Park Blvd, Northfield, Louisville, KY
For Lease

Contact for pricing
Property

Office

69,863 SF
Availability

1 Space

2,400 SF
Year Built

1995
View Details (opens in new window)
4965 U.S. 42
Fenley Office Suites
4965 U.S. 42 #1000, Louisville, KY
Services

Meeting Room
Amenities

Free water

High-speed wifi

Printer

Receptionist/Secretarial services
View Details (opens in new window)
Fenley Office Park C

4969 US Highway 42, Northfield, Louisville, KY
For Lease

Contact for pricing
Property

Office

62,915 SF
Availability

1 Space

10,177 SF
Year Built

2001
View Details (opens in new window)
Fenley Office Park C

4969 US Highway 42, Northfield, Louisville, KY
For Sale

Contact for pricing
Property

Office

62,915 SF
Year Built

2001
View Details (opens in new window)
4912 US Route 42

4912 US Route 42, Northfield, Louisville, KY
For Sale

$5,000,000
Property

Office

46,836 SF
View Details (opens in new window)
Off Market
Fenley Office Park - Building B

4965 US Route 42, Northfield, Louisville, KY
Property

Office

48,000 SF
Year Built

1996
Off Market
4912 US Route 42

4912 US Route 42, Northfield, Louisville, KY
Property

Office

48,081 SF
Year Built

1971
Off Market
Fenley Office Park - Building A

4967 US Route 42, Northfield, Louisville, KY
Property

Office

48,000 SF
Year Built

1995
Off Market
Fenley Office Park - Building C

4969 US Route 42, Northfield, Louisville, KY
Property

Office

78,017 SF
Year Built

2001
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.
- Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Northfield commercial real estate market incorporates 464,627 square feet of office space across 8 buildings.
  
  Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
- Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access.
- Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities.
The largest share of commercial real estate space for lease in Northfield is represented by Office space, which accounts for 12,577 square feet of available listings.
The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.
The best choice of location for commercial space depends on the factors that are most relevant to your business. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Northfield, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.
Whether or not leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!
The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property.
The average size of a commercial property in Northfield depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:
- In Northfield, the average size of an office property is 58,078 square feet.

Northfield, KY Commercial Real Estate Inventory Breakdown

In addition to preferred particularities of local culture, economy, and geography, businesses looking to expand or relocate also give great consideration to the size, variety, and quality of the commercial real estate in and around their city of interest.

Total Office Space in Northfield: 338,797 Sq. Ft.

In Northfield, the largest share of office space is in office properties sized 50k to 100k square feet. Office space rated Class B amount to 338,797 square feet.

Northfield Office Market Breakdown by Building Size
Building Size Range	Total Square Feet	Share of Total Office
50k to 100k Sq. Ft.	147,880 Sq. Ft.	43.65%

Northfield Office Market Breakdown by Building Quality Rating
Class	Total Square Feet	Share of Total Office
Class B	338,797 Sq. Ft.	100%

Data was provided by CommercialEdge, refers to properties larger than 50,000 square feet.

Northfield, KY Currently Available Listings

Commercial real estate listings for rent in Northfield currently add up to 25,154 square feet. There are 4 active office listings, which amount to 12,577 square feet .

Northfield Commercial Space for Lease Breakdown
City	Property Type	Count of Listings	Total SF
Northfield, KY	Office	4	12,577
Northfield, KY	Other	4	12,577

Office

About us

CommercialCafe is your go-to commercial real estate listing source. We partner with highly respected major brokerages from across the country to ensure high-quality listings that are updated frequently. Our online marketplace lists all commercial property types from office, coworking, retail, and industrial to special purpose properties.

CommercialCafe is a trusted Yardi brand and is an integral part of the CommercialEdge network — the fastest-growing network of online real estate marketplaces, which ranks on the 1st page of Google for all top markets, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts.

9 Commercial Real Estate Listings in Northfield, KY

Brownsboro Office Park

4965 U.S. 42

Fenley Office Park C

Fenley Office Park C

4912 US Route 42

Fenley Office Park - Building B

4912 US Route 42

Fenley Office Park - Building A

Fenley Office Park - Building C

Frequently Asked Questions

Northfield, KY Commercial Real Estate Inventory Breakdown

Total Office Space in Northfield: 338,797 Sq. Ft.

Northfield, KY Currently Available Listings

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