Commercial Real Estate Market in Soldotna, AK
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
82 active listings and 794 off-market properties in Soldotna, AK. Commercial property asks $209/SF to buy and $28.85/SF/Yr to lease.
Market Trends
Soldotna, AK spans 244.7 square miles in Kenai Peninsula County, Alaska. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Soldotna, AK runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Soldotna, AK runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Soldotna, AK runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Soldotna, AK runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 44.5%
- Commercial 16%
- Civic 14.6%
- Industrial 14.6%
- Open space 10.3%
Largest Zones share of zoned land by district
Rural Residential District
Institutional District
Single And Two Family Residential District
Commercial District
Industrial District
Soldotna, AK zones 3,902 acres across 10 districts. Commercial zoning covers 16% of zoned land, residential 44.5%, open space 10.3% and industrial 14.6%. The largest single district is Rural Residential District at 29.7%. For commercial buyers the practical constraint is that only 30.6% of land carries a commercial or industrial designation.
Institutional District (INST)
The intent of the Institutional (INS) District is to provide an area in which government and tax exempt institutions can offer social and cultural amenities to the citizens of the community
Market overview
Demographics & Economy
Soldotna, AK has 15,531 residents in 8,221 households. Density runs 63 people per square mile. Median household income here is $84,133 and median gross rent $1,205 a month.
15,531
Population
8,221
Households
1.9
Avg Household Size
41
Median Age
28%
College-Educated
94%
High-School Grad
244.7 sq mi
ZIP Area
63
Density / Sq Mi
$84,133
Median Household Income
$44,918
Median Earnings
$1,205
Median Rent
$304,000
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Soldotna?
Commercial property in Soldotna, AK asks an average of $209 per square foot.
How much does it cost to lease commercial space in Soldotna?
Asking lease rates in Soldotna, AK average $28.85 per square foot per year.
What zoning applies to commercial property in Soldotna?
Soldotna, AK zones 3,902 acres across 10 districts, of which 16% is commercial and 14.6% industrial. The largest single district is Rural Residential District at 29.7% of zoned land. Residential zoning covers 44.5% and open space 10.3%.
Where does Realmo's Soldotna market data come from?
Realmo compiles Soldotna, AK figures from 71 active sale listings, 11 active lease listings, 794 tracked off-market properties, the current Soldotna zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 71 active for-sale and 11 active for-lease listings in Soldotna, AK. 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: 3,902 zoned acres across 10 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 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West 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 30 September 2026 · How Realmo checks market page data · Report a data issue
