Commercial Real Estate Market in Fort Payne, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
103 active listings and 189 off-market properties in Fort Payne, AL. Commercial property asks $115/SF to buy and $11.63/SF/Yr to lease.
Market Trends
Fort Payne, AL spans 190.6 square miles in DeKalb County, Alabama. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Fort Payne, AL asks $128/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Fort Payne, AL asks $77/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Fort Payne, 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 Fort Payne, AL runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Fort Payne, AL has 22,348 residents in 9,793 households. Density runs 117 people per square mile. Median household income here is $47,387 and median gross rent $678 a month.
22,348
Population
9,793
Households
2.3
Avg Household Size
38
Median Age
15%
College-Educated
81%
High-School Grad
190.6 sq mi
ZIP Area
117
Density / Sq Mi
$47,387
Median Household Income
$32,106
Median Earnings
$678
Median Rent
$146,797
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Fort Payne?
Commercial property in Fort Payne, AL asks an average of $115 per square foot. The 8 most recent recorded sales traded at a median of $80/SF, so asking sits 44% above the achieved median. Office carries the highest asking price at $128/SF.
How much does it cost to lease commercial space in Fort Payne?
Asking lease rates in Fort Payne, AL average $11.63 per square foot per year.
Where does Realmo's Fort Payne market data come from?
Realmo compiles Fort Payne, AL figures from 8 recent recorded sales, 98 active sale listings, 5 active lease listings, 189 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 98 active for-sale and 5 active for-lease listings in Fort Payne, 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.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 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 30 September 2026 · How Realmo checks market page data · Report a data issue
