Commercial Real Estate Market in Opelika, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
131 active listings and 1,198 off-market properties in Opelika, AL.
Market Trends
Opelika, AL spans 275.5 square miles in Lee County, Alabama. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Opelika, AL asks $152/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Opelika, AL asks $115/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Opelika, 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 space in Opelika, AL asks $152/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 56.5%
- Planned_development 14.2%
- Industrial 10.3%
- Commercial 10.1%
- Civic 7.3%
- Mixed use 1.6%
Largest Zones share of zoned land by district
Rural
Planned Unit Development
Low Density Residential
Institutional District
Industrial
Opelika, AL zones 37,330 acres across 20 districts. Commercial zoning covers 10.1% of zoned land, residential 56.5% and industrial 10.3%. The largest single district is Rural at 32.2%. For commercial buyers the practical constraint is that only 20.4% of land carries a commercial or industrial designation.
Rural (R1)
R-1 Rural District. This district is intended to protect those areas of Opelika, which are agricultural in character and use, and to provide areas for the development of extremely low- density residential uses. Development in these acres will be limited to acreage tracts and customary agricultural uses and it will be an area where mobile home living and recr…
Market overview
Demographics & Economy
Opelika, AL has 45,277 residents in 19,878 households. Density runs 164 people per square mile. Median household income here is $58,067 and median gross rent $869 a month.
45,277
Population
19,878
Households
2.3
Avg Household Size
38
Median Age
32%
College-Educated
87%
High-School Grad
275.5 sq mi
ZIP Area
164
Density / Sq Mi
$58,067
Median Household Income
$40,811
Median Earnings
$869
Median Rent
$196,185
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Waverly | — | — |
| Auburn | — | $21.83 |
| Cusseta | — | — |
| Salem | — | — |
Commercial property in Opelika, AL asks $231/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Opelika?
Commercial property in Opelika, AL asks an average of $231 per square foot. Multifamily carries the highest asking price at $152/SF.
What zoning applies to commercial property in Opelika?
Opelika, AL zones 37,330 acres across 20 districts, of which 10.1% is commercial and 10.3% industrial. The largest single district is Rural at 32.2% of zoned land. R-1 Rural District. This district is intended to protect those areas of Opelika, which are agricultural in character and use, and to provide areas for the development of extremely low- density residential uses. Development in these acres will be limited to acreage tracts and customary agricultural uses and it will be an area where mobile home living and recr… Residential zoning covers 56.5% and open space 0%.
Where does Realmo's Opelika market data come from?
Realmo compiles Opelika, AL figures from 126 active sale listings, 5 active lease listings, 1,198 tracked off-market properties, the current Opelika zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 126 active for-sale and 5 active for-lease listings in Opelika, 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: 37,330 zoned acres across 20 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
