Commercial Real Estate Market in Perdido, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
25 active listings and 28 off-market properties in Perdido, AL.
Market Trends
Perdido, AL spans 49.5 square miles in Baldwin County, Alabama. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Perdido, 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 Perdido, AL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Perdido, 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 Perdido, AL asks $282/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
Market overview
Demographics & Economy
Perdido, AL has 1,863 residents in 635 households. Density runs 38 people per square mile. Median household income here is $50,000.
1,863
Population
635
Households
2.9
Avg Household Size
38
Median Age
5%
College-Educated
80%
High-School Grad
49.5 sq mi
ZIP Area
38
Density / Sq Mi
$50,000
Median Household Income
$38,400
Median Earnings
$0
Median Rent
$143,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Atmore | — | $6.10 |
| McCullough | — | — |
| Walnut Hill | — | — |
| Bay Minette | — | — |
Commercial property in Perdido, AL asks $324/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Perdido?
Commercial property in Perdido, AL asks an average of $324 per square foot. Multifamily carries the highest asking price at $282/SF.
Methodology & data sources
- Asking prices and averages
- Computed from 25 active for-sale and 0 active for-lease listings in Perdido, 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 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
