Commercial Real Estate Market in Tallassee, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
38 active listings and 340 off-market properties in Tallassee, AL. Commercial property asks $352/SF to buy and $8.89/SF/Yr to lease.
Market Trends
Tallassee, AL spans 177.4 square miles in Tallapoosa County, Alabama. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Tallassee, 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 Tallassee, AL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Tallassee, 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 Tallassee, 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 42.8%
- Industrial 21.7%
- Civic 14.6%
- Agricultural 11.9%
- Commercial 8.9%
Largest Zones share of zoned land by district
Industrial District
Residential District
Office And Institutional District
Residential District
Agriculture Forestry
Tallassee, AL zones 7,328 acres across 11 districts. Commercial zoning covers 8.9% of zoned land, residential 42.8% and industrial 21.7%. The largest single district is Industrial District at 21.7%. For commercial buyers the practical constraint is that only 30.6% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Tallassee, AL has 13,604 residents in 5,991 households. Density runs 77 people per square mile. Median household income here is $67,700 and median gross rent $842 a month.
13,604
Population
5,991
Households
2.3
Avg Household Size
42
Median Age
18%
College-Educated
91%
High-School Grad
177.4 sq mi
ZIP Area
77
Density / Sq Mi
$67,700
Median Household Income
$41,310
Median Earnings
$842
Median Rent
$175,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Kent | — | — |
| Notasulga | — | — |
| Loachapoka | — | — |
| Eclectic | — | — |
Commercial property in Tallassee, AL asks $352/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Tallassee?
Commercial property in Tallassee, AL asks an average of $352 per square foot. The 7 most recent recorded sales traded at a median of $262/SF, so asking sits 34% above the achieved median.
How much does it cost to lease commercial space in Tallassee?
Asking lease rates in Tallassee, AL average $8.89 per square foot per year.
What zoning applies to commercial property in Tallassee?
Tallassee, AL zones 7,328 acres across 11 districts, of which 8.9% is commercial and 21.7% industrial. The largest single district is Industrial District at 21.7% of zoned land. Residential zoning covers 42.8% and open space 0%.
Where does Realmo's Tallassee market data come from?
Realmo compiles Tallassee, AL figures from 7 recent recorded sales, 36 active sale listings, 2 active lease listings, 340 tracked off-market properties, the current Tallassee zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 36 active for-sale and 2 active for-lease listings in Tallassee, 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: 7,328 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 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
