Commercial Real Estate Market in Greenville, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
55 active listings and 291 off-market properties in Greenville, AL.
Market Trends
Greenville, AL spans 374.9 square miles in Butler County, Alabama. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Greenville, 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 Greenville, AL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Greenville, 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 Greenville, 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 70.7%
- Commercial 17.6%
- Industrial 10%
- Planned_development 1.3%
- Special 0.4%
Largest Zones share of zoned land by district
Residential Agricultural
Low Density Residential
Highway Commercial
General Industrial
Multifamily High Density Residential
Greenville, AL zones 14,101 acres across 12 districts. Commercial zoning covers 17.6% of zoned land, residential 70.7% and industrial 10%. The largest single district is Residential Agricultural at 37.4%. For commercial buyers the practical constraint is that only 27.6% of land carries a commercial or industrial designation.
Residential Agricultural (R-A)
Note-Current zoning districts allowing cemeteries include RA-Residential Agricultural, M-1 Light Industrial District and M-2 General Industrial District - See Appendix A of this Code. Sec. 9-44. Criminal legislation pertaining to cemeteries. All persons are reminded that cemetery grounds are sacredly devoted to the burial of the dead and that the provisions…
Market overview
Demographics & Economy
Greenville, AL has 12,851 residents in 6,613 households. Density runs 34 people per square mile. Median household income here is $48,571 and median gross rent $729 a month.
12,851
Population
6,613
Households
1.9
Avg Household Size
42
Median Age
15%
College-Educated
88%
High-School Grad
374.9 sq mi
ZIP Area
34
Density / Sq Mi
$48,571
Median Household Income
$33,979
Median Earnings
$729
Median Rent
$101,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bolling | — | — |
| Chapman | — | — |
| Georgiana | — | — |
| Honoraville | — | — |
Commercial property in Greenville, AL asks $70/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Greenville?
Commercial property in Greenville, AL asks an average of $70 per square foot.
What zoning applies to commercial property in Greenville?
Greenville, AL zones 14,101 acres across 12 districts, of which 17.6% is commercial and 10% industrial. The largest single district is Residential Agricultural at 37.4% of zoned land. Note-Current zoning districts allowing cemeteries include RA-Residential Agricultural, M-1 Light Industrial District and M-2 General Industrial District - See Appendix A of this Code. Sec. 9-44. Criminal legislation pertaining to cemeteries. All persons are reminded that cemetery grounds are sacredly devoted to the burial of the dead and that the provisions… Residential zoning covers 70.7% and open space 0%.
Where does Realmo's Greenville market data come from?
Realmo compiles Greenville, AL figures from 55 active sale listings, 291 tracked off-market properties, the current Greenville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 55 active for-sale and 0 active for-lease listings in Greenville, 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: 14,101 zoned acres across 12 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
