Commercial Real Estate Market in Elberta, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
181 active listings and 310 off-market properties in Elberta, AL.
Market Trends
Elberta, AL spans 95.6 square miles in Baldwin County, Alabama. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Elberta, 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 Elberta, AL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Elberta, 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 space in Elberta, AL asks $282/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 94.1%
- Commercial 3.6%
- Planned_development 2.2%
- Industrial 0.1%
Largest Zones share of zoned land by district
High Density Single And Multifamily Mobile Home Park
Rural Residential Agricultural
Low Density Single Family Residential
Medium Density Single Family Residential
General Business District
Elberta, AL zones 4,463 acres across 9 districts. Commercial zoning covers 3.6% of zoned land, residential 94.1% and industrial 0.1%. The largest single district is High Density Single And Multifamily Mobile Home Park at 40.7%. For commercial buyers the practical constraint is that only 3.7% of land carries a commercial or industrial designation.
High Density Single And Multifamily Mobile Home Park (R-3)
R-3 High Density Single-Family, Multi-Family and Mobile Home Park District. This district is intended to provide for a higher density of single-family structures on smaller lots than those allowed in the R-1 and R-2 districts, duplexes, apartments and mobile home parks. The intent of this district is to provide opportunity for high density residential develo…
Market overview
Demographics & Economy
Elberta, AL has 8,375 residents in 3,988 households. Density runs 88 people per square mile. Median household income here is $59,252 and median gross rent $1,093 a month.
8,375
Population
3,988
Households
2.1
Avg Household Size
46
Median Age
20%
College-Educated
89%
High-School Grad
95.6 sq mi
ZIP Area
88
Density / Sq Mi
$59,252
Median Household Income
$41,231
Median Earnings
$1,093
Median Rent
$251,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Miflin | — | — |
| Foley | — | $13.88 |
| Josephine | — | — |
| Perdido Beach | — | — |
Commercial property in Elberta, AL asks $8/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Elberta?
Commercial property in Elberta, AL asks an average of $8 per square foot. Multifamily carries the highest asking price at $282/SF.
What zoning applies to commercial property in Elberta?
Elberta, AL zones 4,463 acres across 9 districts, of which 3.6% is commercial and 0.1% industrial. The largest single district is High Density Single And Multifamily Mobile Home Park at 40.7% of zoned land. R-3 High Density Single-Family, Multi-Family and Mobile Home Park District. This district is intended to provide for a higher density of single-family structures on smaller lots than those allowed in the R-1 and R-2 districts, duplexes, apartments and mobile home parks. The intent of this district is to provide opportunity for high density residential develo… Residential zoning covers 94.1% and open space 0%.
Where does Realmo's Elberta market data come from?
Realmo compiles Elberta, AL figures from 8 recent recorded sales, 178 active sale listings, 3 active lease listings, 310 tracked off-market properties, the current Elberta zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 178 active for-sale and 3 active for-lease listings in Elberta, 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: 4,463 zoned acres across 9 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
