Commercial Real Estate Market in Athens, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
26 active listings and 1,606 off-market properties in Athens, AL. Commercial property asks $139/SF to buy and $16.20/SF/Yr to lease (based on 3 listings).
Market Trends
Athens, AL spans 254.6 square miles in Limestone County, Alabama. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Athens, AL runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Athens, AL runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Athens, AL runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Athens, AL runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 66.6%
- Commercial 11.3%
- Civic 8.3%
- Industrial 7.7%
- Planned_development 5.6%
- Mixed use 0.5%
Largest Zones share of zoned land by district
Athens, AL zones 26,939 acres across 23 districts. Commercial zoning covers 11.3% of zoned land, residential 66.6% and industrial 7.7%. The largest single district is Estate Residential And Agricultural District at 27.6%. For commercial buyers the practical constraint is that only 19% of land carries a commercial or industrial designation.
Districts EST R-1 R-2 (1) R-MH Non-residential Uses 1 2 3 4 5 Airstrips specifically oriented to agricultural use (aerial spraying, “crop dusters”) and privately-owned personal aircraft intended for non-commercial use SE Animal hospitals and kennels SE Cemeteries SE SE SE SE Clubs, non-profit SE SE SE SE SE SE SE Commercial livestock operations C Dairying, a…
Market overview
Demographics & Economy
Athens, AL has 57,891 residents in 26,614 households. Density runs 227 people per square mile. Median household income here is $74,252 and median gross rent $1,020 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Athens?
How much does it cost to lease commercial space in Athens?
What zoning applies to commercial property in Athens?
Where does Realmo's Athens market data come from?
Methodology & data sources
- Asking prices and medians
- There are 15 active for-sale and 11 active for-lease listings in Athens, AL. The medians are based on 12 of the for-sale and 3 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 26,939 zoned acres across 23 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
