Commercial Real Estate Market in Bellevue, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
11 active listings and 323 off-market properties in Bellevue, KY. Commercial property asks $226/SF to buy and $13.23/SF/Yr to lease.
Market Trends
Bellevue, KY spans 2.4 square miles in Campbell County, Kentucky. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Bellevue, 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 Bellevue, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Bellevue, 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 Bellevue, 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
- Civic 48.6%
- Residential 28.4%
- Mixed use 16%
- Commercial 2%
- Industrial 1.9%
- Open space 1.7%
- Planned_development 1.4%
Largest Zones share of zoned land by district
Residential 1 B
Residential 1 A
Residential 1 H And Historic Preservation
Residential 1 C
Residential 1 H
Residential 1 B (R-1B)
Residential (R -1) Zone (e.g., RCD -R-1B, RCD- R-1C, etc.) for the area as shown on the Stage I Approved Plan. 2. STAGE II-- PLAN AND RECORD PLAT - A Stage II Plan and Record Plat shall be developed in conformance with the Stage I Approved Plan and in accordance with the requirements of Section 9.20, B and C, and submitted to the Planning Commission for its…
Market overview
Demographics & Economy
Bellevue, KY has 11,251 residents in 5,614 households. Density runs 4,776 people per square mile. Median household income here is $64,790 and median gross rent $1,105 a month.
11,251
Population
5,614
Households
2
Avg Household Size
38
Median Age
34%
College-Educated
92%
High-School Grad
2.4 sq mi
ZIP Area
4,776
Density / Sq Mi
$64,790
Median Household Income
$42,657
Median Earnings
$1,105
Median Rent
$164,860
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Dayton | — | — |
| Fort Thomas | — | — |
| Woodlawn | — | — |
| Newport | — | — |
Commercial property in Bellevue, KY asks $226/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Bellevue?
Commercial property in Bellevue, KY asks an average of $226 per square foot. The 5 most recent recorded sales traded at a median of $107/SF, so asking sits 112% above the achieved median.
How much does it cost to lease commercial space in Bellevue?
Asking lease rates in Bellevue, KY average $13.23 per square foot per year.
Where does Realmo's Bellevue market data come from?
Realmo compiles Bellevue, KY figures from 7 recent recorded sales, 5 active sale listings, 6 active lease listings, 323 tracked off-market properties, the current Bellevue zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 6 active for-lease listings in Bellevue, 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: 582 zoned acres across 20 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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
