Commercial Real Estate Market in Pelham, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
32 active listings and 1,079 off-market properties in Pelham, AL.
Market Trends
Pelham, AL spans 42.6 square miles in Shelby County, Alabama. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Pelham, AL runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Pelham, AL runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Pelham, AL 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 Pelham, 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 81%
- Commercial 6.6%
- Industrial 5%
- Planned_development 4.6%
- Civic 1.1%
- Mixed use 0.8%
- Open space 0.4%
Largest Zones share of zoned land by district
Pelham, AL zones 23,377 acres across 27 districts. Commercial zoning covers 6.6% of zoned land, residential 81%, open space 0.4% and industrial 5%. The largest single district is Agricultural District at 57.7%. For commercial buyers the practical constraint is that only 11.6% of land carries a commercial or industrial designation.
The intent of the R-1 single-family residential district is to provide areas suitable for single-family residences on medium density lots, free from other uses which are incompatible with the character and intent of the district.
Market overview
Demographics & Economy
Pelham, AL has 25,667 residents in 10,207 households. Density runs 602 people per square mile. Median household income here is $91,513 and median gross rent $1,575 a month.
Tools
Nearby Markets
Frequently Asked Questions
How much does it cost to lease commercial space in Pelham?
What zoning applies to commercial property in Pelham?
Where does Realmo's Pelham market data come from?
Methodology & data sources
- Asking prices and medians
- There are 9 active for-sale and 23 active for-lease listings in Pelham, AL. Too few for-sale listings state a price per square foot for a sale median; the rent median is based on 8 of the for-lease listings that state a 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: 23,377 zoned acres across 27 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
