Commercial Real Estate Market in Chelsea, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
140 active listings and 266 off-market properties in Chelsea, AL.
Market Trends
Chelsea, AL spans 46.2 square miles in Shelby County, Alabama. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Chelsea, 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 Chelsea, AL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Chelsea, 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 Chelsea, 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 77.5%
- Commercial 11.3%
- Mixed use 8.3%
- Civic 1.6%
- Industrial 0.6%
Largest Zones share of zoned land by district
Agricultural Residential District
Single Family Estate District
Planned Mixed Use District
Planned Residential District
General Business District
Chelsea, AL zones 20,561 acres across 12 districts. Commercial zoning covers 11.3% of zoned land, residential 77.5% and industrial 0.6%. The largest single district is Agricultural Residential District at 53.1%. For commercial buyers the practical constraint is that only 12% of land carries a commercial or industrial designation.
Agricultural Residential District (AR)
A district intended for larger lot or land areas on which the primary use is agricultural in nature and ordinarily used for generating profit. Residential is a permitted activity
Market overview
Demographics & Economy
Chelsea, AL has 13,841 residents in 5,126 households. Density runs 300 people per square mile. Median household income here is $115,588 and median gross rent $1,279 a month.
13,841
Population
5,126
Households
2.7
Avg Household Size
37
Median Age
43%
College-Educated
97%
High-School Grad
46.2 sq mi
ZIP Area
300
Density / Sq Mi
$115,588
Median Household Income
$56,739
Median Earnings
$1,279
Median Rent
$347,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Westover | — | — |
| Meadowbrook | — | — |
| Indian Springs Village | — | — |
| Sterrett | — | — |
Frequently Asked Questions
How much does it cost to lease commercial space in Chelsea?
Asking lease rates in Chelsea, AL average $17.50 per square foot per year.
What zoning applies to commercial property in Chelsea?
Chelsea, AL zones 20,561 acres across 12 districts, of which 11.3% is commercial and 0.6% industrial. The largest single district is Agricultural Residential District at 53.1% of zoned land. A district intended for larger lot or land areas on which the primary use is agricultural in nature and ordinarily used for generating profit. Residential is a permitted activity Residential zoning covers 77.5% and open space 0%.
Where does Realmo's Chelsea market data come from?
Realmo compiles Chelsea, AL figures from 8 recent recorded sales, 130 active sale listings, 10 active lease listings, 266 tracked off-market properties, the current Chelsea zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 130 active for-sale and 10 active for-lease listings in Chelsea, 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: 20,561 zoned acres across 12 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
