Commercial Real Estate Market in Russellville, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
29 active listings and 638 off-market properties in Russellville, AL.
Market Trends
Russellville, AL spans 298.8 square miles in Franklin County, Alabama. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Russellville, 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 Russellville, AL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Russellville, 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 Russellville, 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 77.5%
- Industrial 12.4%
- Commercial 7.7%
Largest Zones share of zoned land by district
Single Family
Multifamily
Agriculture
Industry Heavy
Single Family Two
Russellville, AL zones 8,636 acres across 11 districts. Commercial zoning covers 7.7% of zoned land, residential 77.5% and industrial 12.4%. The largest single district is Single Family at 34.6%. For commercial buyers the practical constraint is that only 20.1% of land carries a commercial or industrial designation.
Single Family (R-1)
The R-1 district exists for the development of large lot, low density residential areas. The use of land and buildings with such areas is therefore limited to a single-family detached dwellings and such accessory uses as generally support and harmonize with such low density districts
Market overview
Demographics & Economy
Russellville, AL has 20,750 residents in 8,488 households. Density runs 69 people per square mile. Median household income here is $53,242 and median gross rent $692 a month.
20,750
Population
8,488
Households
2.4
Avg Household Size
37
Median Age
13%
College-Educated
76%
High-School Grad
298.8 sq mi
ZIP Area
69
Density / Sq Mi
$53,242
Median Household Income
$35,020
Median Earnings
$692
Median Rent
$134,412
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Littleville | — | — |
| Spruce Pine | — | — |
| Phil Campbell | — | — |
| Mount Hope | — | — |
Commercial property in Russellville, AL asks $578/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Russellville?
Commercial property in Russellville, AL asks an average of $578 per square foot. The 5 most recent recorded sales traded at a median of $42/SF, so asking sits 1290% above the achieved median.
What zoning applies to commercial property in Russellville?
Russellville, AL zones 8,636 acres across 11 districts, of which 7.7% is commercial and 12.4% industrial. The largest single district is Single Family at 34.6% of zoned land. The R-1 district exists for the development of large lot, low density residential areas. The use of land and buildings with such areas is therefore limited to a single-family detached dwellings and such accessory uses as generally support and harmonize with such low density districts Residential zoning covers 77.5% and open space 0%.
Where does Realmo's Russellville market data come from?
Realmo compiles Russellville, AL figures from 7 recent recorded sales, 26 active sale listings, 3 active lease listings, 638 tracked off-market properties, the current Russellville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 26 active for-sale and 3 active for-lease listings in Russellville, 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: 8,636 zoned acres across 11 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
