Commercial Real Estate Market in Vance, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
33 active listings and 76 off-market properties in Vance, AL.
Market Trends
Vance, AL spans 67.1 square miles in Tuscaloosa County, Alabama. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Vance, AL asks $167/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 Vance, AL asks $127/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 Vance, 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 Vance, 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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 82.5%
- Industrial 13.5%
- Commercial 4%
Largest Zones share of zoned land by district
Agriculture
Single Family Residential
General Industrial
Community Business
General Business
Vance, AL zones 5,523 acres across 8 districts. Commercial zoning covers 4% of zoned land, residential 82.5% and industrial 13.5%. The largest single district is Agriculture at 61.8%. For commercial buyers the practical constraint is that only 17.5% of land carries a commercial or industrial designation.
Agriculture (A1)
District is intended to provide for low density residential development while allowing the continuation of agricultural or farm uses
Market overview
Demographics & Economy
Vance, AL has 5,257 residents in 1,928 households. Density runs 78 people per square mile. Median household income here is $77,406 and median gross rent $736 a month.
5,257
Population
1,928
Households
2.7
Avg Household Size
35
Median Age
14%
College-Educated
81%
High-School Grad
67.1 sq mi
ZIP Area
78
Density / Sq Mi
$77,406
Median Household Income
$42,011
Median Earnings
$736
Median Rent
$167,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Woodstock | — | — |
| Coaling | — | — |
| Peterson | — | — |
| Green Pond | — | — |
Commercial property in Vance, AL asks $16/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Vance?
Commercial property in Vance, AL asks an average of $16 per square foot. Office carries the highest asking price at $167/SF.
What zoning applies to commercial property in Vance?
Vance, AL zones 5,523 acres across 8 districts, of which 4% is commercial and 13.5% industrial. The largest single district is Agriculture at 61.8% of zoned land. District is intended to provide for low density residential development while allowing the continuation of agricultural or farm uses Residential zoning covers 82.5% and open space 0%.
Where does Realmo's Vance market data come from?
Realmo compiles Vance, AL figures from 32 active sale listings, 1 active lease listings, 76 tracked off-market properties, the current Vance zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 32 active for-sale and 1 active for-lease listings in Vance, 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: 5,523 zoned acres across 8 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
