Commercial Real Estate Market in Ashland, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
24 active listings and 129 off-market properties in Ashland, AL.
Market Trends
Ashland, AL spans 146.6 square miles in Clay County, Alabama. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Ashland, AL runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Ashland, AL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Ashland, AL runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Ashland, AL runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Commercial 70.4%
- Residential 21.5%
- Industrial 7.9%
Largest Zones share of zoned land by district
Agricultural
Single Family Residential
Industrial
Single Family And Multifamily Residential
General Business
Ashland, AL zones 4,767 acres across 8 districts. Commercial zoning covers 70.4% of zoned land, residential 21.5% and industrial 7.9%. The largest single district is Agricultural at 57.8%. For commercial buyers the practical constraint is that only 78.3% of land carries a commercial or industrial designation.
Agricultural (AG)
SECTION 5 - AG: AGRICULTURAL DISTRICT 5.1 District Intent. The purpose of this district shall be to provide opportunities for commercial agriculture, forestry, and other land- intensive, natural resource -based industries to continue as the City grows and expands. The district also provides for a mix of low intensity residential and commercial uses that cont…
Market overview
Demographics & Economy
Ashland, AL has 5,138 residents in 2,409 households. Density runs 35 people per square mile. Median household income here is $51,094 and median gross rent $442 a month.
5,138
Population
2,409
Households
2.1
Avg Household Size
45
Median Age
13%
College-Educated
82%
High-School Grad
146.6 sq mi
ZIP Area
35
Density / Sq Mi
$51,094
Median Household Income
$42,228
Median Earnings
$442
Median Rent
$158,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Harkins Crossroads | — | — |
| Idaho | — | — |
| Lineville | — | — |
| Highland | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Ashland?
Ashland, AL zones 4,767 acres across 8 districts, of which 70.4% is commercial and 7.9% industrial. The largest single district is Agricultural at 57.8% of zoned land. SECTION 5 - AG: AGRICULTURAL DISTRICT 5.1 District Intent. The purpose of this district shall be to provide opportunities for commercial agriculture, forestry, and other land- intensive, natural resource -based industries to continue as the City grows and expands. The district also provides for a mix of low intensity residential and commercial uses that cont… Residential zoning covers 21.5% and open space 0%.
Where does Realmo's Ashland market data come from?
Realmo compiles Ashland, AL figures from 24 active sale listings, 129 tracked off-market properties, the current Ashland zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 24 active for-sale and 0 active for-lease listings in Ashland, AL. 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: 4,767 zoned acres across 8 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 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 August 2026 · report a data issue
