Commercial Real Estate Market in Leesburg, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
22 active listings and 96 off-market properties in Leesburg, AL.
Market Trends
Leesburg, AL spans 48.2 square miles in Cherokee County, Alabama. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Leesburg, 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 Leesburg, AL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Leesburg, 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 Leesburg, 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
Leesburg, AL has 3,553 residents in 1,957 households. Density runs 74 people per square mile. Median household income here is $63,329 and median gross rent $811 a month.
3,553
Population
1,957
Households
1.8
Avg Household Size
45
Median Age
17%
College-Educated
86%
High-School Grad
48.2 sq mi
ZIP Area
74
Density / Sq Mi
$63,329
Median Household Income
$36,944
Median Earnings
$811
Median Rent
$157,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Sand Rock | — | — |
| Centre | — | — |
| Collinsville | — | — |
| Cedar Bluff | — | — |
Commercial property in Leesburg, AL asks $9,125/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Leesburg?
Commercial property in Leesburg, AL asks an average of $9,125 per square foot. The 4 most recent recorded sales traded at a median of $78/SF, so asking sits 11614% above the achieved median.
Where does Realmo's Leesburg market data come from?
Realmo compiles Leesburg, AL figures from 4 recent recorded sales, 22 active sale listings, 96 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 22 active for-sale and 0 active for-lease listings in Leesburg, 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 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, 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 August 2026 · report a data issue
