Commercial Real Estate Market in Alexandria, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
18 active listings and 770 off-market properties in Alexandria, KY.
Market Trends
Alexandria, KY spans 51.7 square miles in Campbell County, Kentucky. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Alexandria, KY runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Alexandria, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Alexandria, KY 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 Alexandria, KY 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 72.9%
- Planned_development 13.3%
- Commercial 9%
- Industrial 3.4%
- Mixed use 0.3%
Largest Zones share of zoned land by district
Residential One D
Arcadia Planned Unit Development
Highway Commercial
Residential Rural Estate And Agricultural
Residential One A
Alexandria, KY zones 4,575 acres across 21 districts. Commercial zoning covers 9% of zoned land, residential 72.9% and industrial 3.4%. The largest single district is Residential One D at 46.1%. For commercial buyers the practical constraint is that only 12.4% of land carries a commercial or industrial designation.
Residential One D (R-1D)
The Intent of this zone is to promote Residential Single family Uses
Market overview
Demographics & Economy
Alexandria, KY has 19,294 residents in 7,387 households. Density runs 373 people per square mile. Median household income here is $102,468 and median gross rent $1,113 a month.
19,294
Population
7,387
Households
2.6
Avg Household Size
40
Median Age
35%
College-Educated
94%
High-School Grad
51.7 sq mi
ZIP Area
373
Density / Sq Mi
$102,468
Median Household Income
$57,834
Median Earnings
$1,113
Median Rent
$265,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Claryville | — | — |
| Grants Lick | — | — |
| Ryland Heights | — | — |
| Carthage | — | — |
Commercial property in Alexandria, KY asks $99/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Alexandria?
Commercial property in Alexandria, KY asks an average of $99 per square foot. The 4 most recent recorded sales traded at a median of $256/SF.
What zoning applies to commercial property in Alexandria?
Alexandria, KY zones 4,575 acres across 21 districts, of which 9% is commercial and 3.4% industrial. The largest single district is Residential One D at 46.1% of zoned land. The Intent of this zone is to promote Residential Single family Uses Residential zoning covers 72.9% and open space 0%.
Where does Realmo's Alexandria market data come from?
Realmo compiles Alexandria, KY figures from 6 recent recorded sales, 16 active sale listings, 2 active lease listings, 770 tracked off-market properties, the current Alexandria zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 16 active for-sale and 2 active for-lease listings in Alexandria, KY. 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: 4,575 zoned acres across 21 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
