Commercial Real Estate Market in Montevallo, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
36 active listings and 320 off-market properties in Montevallo, AL.
Market Trends
Montevallo, AL spans 123.4 square miles in Shelby County, Alabama. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Montevallo, 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 Montevallo, AL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Montevallo, 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 Montevallo, 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 89.8%
- Civic 5.8%
- Commercial 2.6%
- Industrial 1.8%
Largest Zones share of zoned land by district
Agricultural Residential District
Agricultural Residential Special District
Multiple Dwelling Special District
Multiple Dwelling District
Office And Institutional Special District
Montevallo, AL zones 7,977 acres across 14 districts. Commercial zoning covers 2.6% of zoned land, residential 89.8% and industrial 1.8%. The largest single district is Agricultural Residential District at 63.8%. For commercial buyers the practical constraint is that only 4.4% of land carries a commercial or industrial designation.
Agricultural Residential District (A-R)
ARTICLE 8. A-R, AGRICULTURAL-RESIDENTIAL DISTRICT Section 8.01. Generally. The regulations set forth in this Article or set forth elsewhere in this Ordinance, when referred to in this Article, are the regulations in the A-R, Agricultural-Residential District. This district is intended to provide a zoning classification for low-density development of primaril…
Market overview
Demographics & Economy
Montevallo, AL has 15,260 residents in 6,388 households. Density runs 124 people per square mile. Median household income here is $54,157 and median gross rent $807 a month.
15,260
Population
6,388
Households
2.4
Avg Household Size
34
Median Age
22%
College-Educated
82%
High-School Grad
123.4 sq mi
ZIP Area
124
Density / Sq Mi
$54,157
Median Household Income
$32,000
Median Earnings
$807
Median Rent
$165,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Wilton | — | — |
| Marvel | — | — |
| Calera | — | — |
| Brierfield | — | — |
Commercial property in Montevallo, AL asks $1,852/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Montevallo?
Commercial property in Montevallo, AL asks an average of $1,852 per square foot. The 6 most recent recorded sales traded at a median of $181/SF, so asking sits 923% above the achieved median.
What zoning applies to commercial property in Montevallo?
Montevallo, AL zones 7,977 acres across 14 districts, of which 2.6% is commercial and 1.8% industrial. The largest single district is Agricultural Residential District at 63.8% of zoned land. ARTICLE 8. A-R, AGRICULTURAL-RESIDENTIAL DISTRICT Section 8.01. Generally. The regulations set forth in this Article or set forth elsewhere in this Ordinance, when referred to in this Article, are the regulations in the A-R, Agricultural-Residential District. This district is intended to provide a zoning classification for low-density development of primaril… Residential zoning covers 89.8% and open space 0%.
Where does Realmo's Montevallo market data come from?
Realmo compiles Montevallo, AL figures from 7 recent recorded sales, 35 active sale listings, 1 active lease listings, 320 tracked off-market properties, the current Montevallo zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 35 active for-sale and 1 active for-lease listings in Montevallo, 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: 7,977 zoned acres across 14 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, 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
