Commercial Real Estate Market in Bessemer, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
263 active listings and 9,099 off-market properties in Bessemer, AL. Commercial property asks $274/SF to buy and $11.08/SF/Yr to lease.
Market Trends
Bessemer, AL spans 172.4 square miles in Jefferson County, Alabama. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Bessemer, 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 Bessemer, AL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Bessemer, 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 Bessemer, 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
- Residential 48.4%
- Industrial 38.7%
- Commercial 7.8%
- Civic 2.8%
- Special 1.7%
Largest Zones share of zoned land by district
Agricultural
Single Family Residential
Industrial
Industrial Park
Heavy Industrial
Bessemer, AL zones 22,961 acres across 35 districts. Commercial zoning covers 7.8% of zoned land, residential 48.4% and industrial 38.7%. The largest single district is Agricultural at 21.5%. For commercial buyers the practical constraint is that only 46.5% of land carries a commercial or industrial designation.
Agricultural (A-1)
The purpose of this district is to reserve areas for agriculture, low density residential and other recreational uses without permitting an intensity of development which would require the provision of urban facilities and services
Market overview
Demographics & Economy
Bessemer, AL has 73,033 residents in 32,744 households. Density runs 424 people per square mile. Median household income here is $60,446 and median gross rent $1,025 a month.
73,033
Population
32,744
Households
2.2
Avg Household Size
41
Median Age
21%
College-Educated
88%
High-School Grad
172.4 sq mi
ZIP Area
424
Density / Sq Mi
$60,446
Median Household Income
$39,054
Median Earnings
$1,025
Median Rent
$160,557
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Brighton | — | — |
| Hueytown | — | — |
| Midfield | — | — |
| Hopewell | — | — |
Commercial property in Bessemer, AL asks $274/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Bessemer?
Commercial property in Bessemer, AL asks an average of $274 per square foot. The 4 most recent recorded sales traded at a median of $38/SF, so asking sits 623% above the achieved median.
How much does it cost to lease commercial space in Bessemer?
Asking lease rates in Bessemer, AL average $11.08 per square foot per year.
What zoning applies to commercial property in Bessemer?
Bessemer, AL zones 22,961 acres across 35 districts, of which 7.8% is commercial and 38.7% industrial. The largest single district is Agricultural at 21.5% of zoned land. The purpose of this district is to reserve areas for agriculture, low density residential and other recreational uses without permitting an intensity of development which would require the provision of urban facilities and services Residential zoning covers 48.4% and open space 0%.
Where does Realmo's Bessemer market data come from?
Realmo compiles Bessemer, AL figures from 8 recent recorded sales, 240 active sale listings, 23 active lease listings, 9,099 tracked off-market properties, the current Bessemer zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 240 active for-sale and 23 active for-lease listings in Bessemer, 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: 22,961 zoned acres across 35 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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
