Commercial Real Estate Market in Elberta, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
14 active listings and 309 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 October 2026.
Office
Office vacancy in Elberta, AL runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Elberta, AL runs 5.4% across the South region in 2025, down from 7% in 2020.
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%.
Multifamily
Multifamily vacancy in Elberta, 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 94.1%
- Commercial 3.6%
- Planned_development 2.2%
- Industrial 0.1%
Largest Zones share of zoned land by 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.
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.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Elberta?
What zoning applies to commercial property in Elberta?
Where does Realmo's Elberta market data come from?
Methodology & data sources
- Asking prices and medians
- There are 13 active for-sale and 1 active for-lease listings in Elberta, AL. The sale median is based on 7 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. 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: 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 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