Commercial Real Estate Market in Northport, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
41 active listings and 1,010 off-market properties in Northport, AL. Commercial property asks $237/SF to buy and $17.14/SF/Yr to lease.
Market Trends
Northport, AL spans 234.9 square miles in Tuscaloosa County, Alabama. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Northport, AL has a median asking sale price of $237/SF. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in Northport, AL has a median asking sale price of $155/SF (based on 5 listings). Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial space in Northport, AL has a median asking sale price of $144/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 Northport, 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
- Residential 59.3%
- Commercial 12.4%
- Industrial 9.4%
- Agricultural 7.7%
- Civic 5.5%
- Open space 5.2%
- Mixed use 0.5%
Largest Zones share of zoned land by district
Northport, AL zones 9,995 acres across 25 districts. Commercial zoning covers 12.4% of zoned land, residential 59.3%, open space 5.2% and industrial 9.4%. The largest single district is Residential Single Family 1 at 25%. For commercial buyers the practical constraint is that only 21.8% of land carries a commercial or industrial designation.
Single family districts are intended to preserve the character of existing and developing neighborhoods and to prevent such areas from becoming nonconforming under the terms of this Ordinance
Market overview
Demographics & Economy
Northport, AL has 46,749 residents in 20,041 households. Density runs 199 people per square mile. Median household income here is $82,025 and median gross rent $943 a month.
Tools
Lease vs Buy Breakeven
At $17.14/SF/Yr lease vs $237/SF buy → buying wins if held > 2.9 years.
At a 7.2% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Frequently Asked Questions
What is the median price per square foot for commercial property in Northport?
How much does it cost to lease commercial space in Northport?
Is it cheaper to lease or buy commercial space in Northport?
What zoning applies to commercial property in Northport?
Where does Realmo's Northport market data come from?
Methodology & data sources
- Asking prices and medians
- There are 24 active for-sale and 17 active for-lease listings in Northport, AL. The medians are based on 17 of the for-sale and 13 of the for-lease listings, those that state a price or rent per square foot. 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: 9,995 zoned acres across 25 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 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 October 2026 · How Realmo checks market page data · Report a data issue
