Commercial Real Estate Market in Foley, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
77 active listings and 1,602 off-market properties in Foley, AL. Commercial property asks $169/SF to buy and $17.00/SF/Yr to lease (based on 4 listings).
Market Trends
Foley, AL spans 92.5 square miles in Baldwin County, Alabama. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Foley, AL runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in Foley, AL has a median asking sale price of $169/SF (based on 3 listings). Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Foley, 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 space in Foley, AL has a median asking sale price of $230/SF (based on 8 listings). Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Typical asking range for active listings in Foley, AL (the middle half): Sale $142–$597/SF (median $230/SF, 8 listings).
Zoning & Land Use
Land Use Mix share of zoned land by category
- Planned_development 25.1%
- Residential 24.7%
- Commercial 20.7%
- Agricultural 18.2%
- Industrial 3.3%
- Open space 0.1%
Largest Zones share of zoned land by district
Market overview
Demographics & Economy
Foley, AL has 35,484 residents in 18,755 households. Density runs 383 people per square mile. Median household income here is $67,013 and median gross rent $1,168 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Elberta | $509 | — |
| Gulf Shores | $379 | $26.24 |
Commercial property in Foley, AL asks $169/SF. The 2 bordering markets run from $379/SF in Gulf Shores to $509/SF in Elberta, and the city sits below their $444/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Foley?
How much does it cost to lease commercial space in Foley?
How does Foley compare to nearby markets on price?
Where does Realmo's Foley market data come from?
Methodology & data sources
- Asking prices and medians
- There are 51 active for-sale and 26 active for-lease listings in Foley, AL. The medians are based on 17 of the for-sale and 4 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: 21,124 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
