Commercial Real Estate Market in Greensboro, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
29 active listings and 197 off-market properties in Greensboro, AL.
Market Trends
Greensboro, AL spans 223.8 square miles in Hale County, Alabama. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Greensboro, 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 Greensboro, AL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Greensboro, 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 Greensboro, 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 79.2%
- Commercial 14.8%
- Industrial 6%
Largest Zones share of zoned land by district
Residential
Residential
Business
Manufacturing
Business
Greensboro, AL zones 1,513 acres across 5 districts. Commercial zoning covers 14.8% of zoned land, residential 79.2% and industrial 6%. The largest single district is Residential at 49.9%. For commercial buyers the practical constraint is that only 20.8% of land carries a commercial or industrial designation.
Residential (R-1)
The purpose of this district is to provide minimum standards for single family dwellings and their immediate surrounding areas
Market overview
Demographics & Economy
Greensboro, AL has 6,444 residents in 3,256 households. Density runs 29 people per square mile. Median household income here is $33,983 and median gross rent $716 a month.
6,444
Population
3,256
Households
2
Avg Household Size
42
Median Age
15%
College-Educated
79%
High-School Grad
223.8 sq mi
ZIP Area
29
Density / Sq Mi
$33,983
Median Household Income
$25,559
Median Earnings
$716
Median Rent
$151,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Sawyerville | — | — |
| Newbern | — | — |
| Havana | — | — |
| Akron | — | — |
Commercial property in Greensboro, AL asks $5/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Greensboro?
Commercial property in Greensboro, AL asks an average of $5 per square foot.
What zoning applies to commercial property in Greensboro?
Greensboro, AL zones 1,513 acres across 5 districts, of which 14.8% is commercial and 6% industrial. The largest single district is Residential at 49.9% of zoned land. The purpose of this district is to provide minimum standards for single family dwellings and their immediate surrounding areas Residential zoning covers 79.2% and open space 0%.
Where does Realmo's Greensboro market data come from?
Realmo compiles Greensboro, AL figures from 29 active sale listings, 197 tracked off-market properties, the current Greensboro zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 29 active for-sale and 0 active for-lease listings in Greensboro, 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: 1,513 zoned acres across 5 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
