Commercial Real Estate Market in Sheffield, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
23 active listings and 527 off-market properties in Sheffield, AL.
Market Trends
Sheffield, AL spans 6.2 square miles in Colbert County, Alabama. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Sheffield, AL runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in Sheffield, AL has a median asking sale price of $76/SF (based on 6 listings). Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Sheffield, 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 space in Sheffield, AL has a median asking sale price of $85/SF (based on 4 listings). Vacancy 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 70.5%
- Commercial 15.1%
- Industrial 14.5%
Largest Zones share of zoned land by district
Sheffield, AL zones 4,096 acres across 12 districts. Commercial zoning covers 15.1% of zoned land, residential 70.5% and industrial 14.5%. The largest single district is Single Family Residential District at 37%. For commercial buyers the practical constraint is that only 29.6% of land carries a commercial or industrial designation.
The SF-90 single-family residential district is established to protect the existing areas of primarily low-density, single-family residential development and to provide for and encourage similar
Market overview
Demographics & Economy
Sheffield, AL has 9,434 residents in 5,139 households. Density runs 1,533 people per square mile. Median household income here is $42,510 and median gross rent $850 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Sheffield?
What zoning applies to commercial property in Sheffield?
Where does Realmo's Sheffield market data come from?
Methodology & data sources
- Asking prices and medians
- There are 20 active for-sale and 3 active for-lease listings in Sheffield, AL. The sale median is based on 14 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. 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: 4,096 zoned acres across 12 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
