Commercial Real Estate Market in Sheffield, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
52 active listings and 529 off-market properties in Sheffield, AL. Commercial property asks $155/SF to buy and $3.83/SF/Yr to lease.
Market Trends
Sheffield, AL spans 6.2 square miles in Colbert County, Alabama. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Sheffield, AL asks $104/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 Sheffield, AL asks $138/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 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%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Sheffield, 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 70.5%
- Commercial 15.1%
- Industrial 14.5%
Largest Zones share of zoned land by district
Single Family Residential District
Single Family Residential District
General Business District
Light Industrial District
Single Family Residential 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.
Single Family Residential District (SF-90)
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.
9,434
Population
5,139
Households
1.8
Avg Household Size
40
Median Age
16%
College-Educated
88%
High-School Grad
6.2 sq mi
ZIP Area
1,533
Density / Sq Mi
$42,510
Median Household Income
$31,302
Median Earnings
$850
Median Rent
$129,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Muscle Shoals | — | — |
| Tuscumbia | — | — |
| Florence | — | $14.99 |
| Saint Florian | — | — |
Commercial property in Sheffield, AL asks $155/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Sheffield?
Commercial property in Sheffield, AL asks an average of $155 per square foot. The 5 most recent recorded sales traded at a median of $92/SF, so asking sits 68% above the achieved median. Retail carries the highest asking price at $138/SF.
How much does it cost to lease commercial space in Sheffield?
Asking lease rates in Sheffield, AL average $3.83 per square foot per year.
What zoning applies to commercial property in Sheffield?
Sheffield, AL zones 4,096 acres across 12 districts, of which 15.1% is commercial and 14.5% industrial. The largest single district is Single Family Residential District at 37% of zoned land. 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 Residential zoning covers 70.5% and open space 0%.
Where does Realmo's Sheffield market data come from?
Realmo compiles Sheffield, AL figures from 5 recent recorded sales, 51 active sale listings, 1 active lease listings, 529 tracked off-market properties, the current Sheffield zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 51 active for-sale and 1 active for-lease listings in Sheffield, 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: 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 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
