Commercial Real Estate Market in Lanett, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
11 active listings and 358 off-market properties in Lanett, AL.
Market Trends
Lanett, AL spans 95.7 square miles in Chambers County, Alabama. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Lanett, AL runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Lanett, AL runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial space in Lanett, AL has a median asking sale price of $69/SF (based on 4 listings). Vacancy 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 Lanett, 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
- Civic 71.1%
- Commercial 11.7%
- Industrial 10.7%
- Special 6.3%
- Residential 0.2%
Largest Zones share of zoned land by district
SECTION 6 - R-1: SINGLE FAMILY RESIDENTIAL DISTRICT 6.1 District Intent. This zoning district is intended to preserve and protect the character of low density, high amenity, single-family residential areas, subdivisions, and neighborhoods. Suburban development in this area should be supported by municipal infrastructure and services. The R-1 district also al…
Market overview
Demographics & Economy
Lanett, AL has 12,233 residents in 5,421 households. Density runs 128 people per square mile. Median household income here is $45,313 and median gross rent $739 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Valley | $71 | — |
| Lagrange | $107 | $10.10 |
| Opelika | $97 | — |
Commercial property in Lanett, AL asks $83/SF. The 3 bordering markets run from $71/SF in Valley to $107/SF in Lagrange, and the city sits below their $97/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Lanett?
How does Lanett compare to nearby markets on price?
Where does Realmo's Lanett market data come from?
Methodology & data sources
- Asking prices and medians
- There are 11 active for-sale and 0 active for-lease listings in Lanett, 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: 3,903 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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
