Commercial Real Estate Market in Smiths Station, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
45 active listings and 120 off-market properties in Smiths Station, AL.
Market Trends
Smiths Station, AL spans 39.1 square miles in Lee County, Alabama. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Smiths Station, AL asks $152/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 Smiths Station, AL asks $115/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 Smiths Station, 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 Smiths Station, AL asks $152/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
Smiths Station, AL has 12,461 residents in 4,929 households. Density runs 319 people per square mile. Median household income here is $68,555 and median gross rent $1,072 a month.
12,461
Population
4,929
Households
2.5
Avg Household Size
39
Median Age
25%
College-Educated
86%
High-School Grad
39.1 sq mi
ZIP Area
319
Density / Sq Mi
$68,555
Median Household Income
$43,493
Median Earnings
$1,072
Median Rent
$195,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Smiths | — | — |
| Smiths Sta | — | — |
| Phenix City | — | — |
| Salem | — | — |
Commercial property in Smiths Station, AL asks $1,408/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Smiths Station?
Commercial property in Smiths Station, AL asks an average of $1,408 per square foot. Multifamily carries the highest asking price at $152/SF.
Methodology & data sources
- Asking prices and averages
- Computed from 45 active for-sale and 0 active for-lease listings in Smiths Station, 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
