Commercial Real Estate Market in Danville, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
90 active listings and 781 off-market properties in Danville, KY. Commercial property asks $134/SF to buy and $10.00/SF/Yr to lease.
Market Trends
Danville, KY spans 108.3 square miles in Boyle County, Kentucky. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Danville, KY asks $132/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 vacancy in Danville, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Danville, 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 Danville, 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
- Agricultural 34.7%
- Residential 34%
- Mixed use 17.8%
- Commercial 11.5%
- Civic 1.2%
- Industrial 0.8%
Largest Zones share of zoned land by district
Agriculture
Single Family Residential
Industrial Business Development
Two Family Residential
Highway Business
Agriculture (AG)
This district is intended to maintain, preserve, and enhance prime agricultural lands and to protect the agricultural economy as a principal economic resource of the county.
Market overview
Demographics & Economy
Danville, KY has 25,918 residents in 10,627 households. Density runs 239 people per square mile. Median household income here is $60,926 and median gross rent $774 a month.
25,918
Population
10,627
Households
2.4
Avg Household Size
41
Median Age
29%
College-Educated
92%
High-School Grad
108.3 sq mi
ZIP Area
239
Density / Sq Mi
$60,926
Median Household Income
$36,910
Median Earnings
$774
Median Rent
$214,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Junction City | — | — |
| Burgin | — | — |
| Pleasanthill | — | — |
| Bryantsville | — | — |
Commercial property in Danville, KY asks $134/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Danville?
Commercial property in Danville, KY asks an average of $134 per square foot. The 5 most recent recorded sales traded at a median of $123/SF, so asking sits 9% above the achieved median. Office carries the highest asking price at $132/SF.
How much does it cost to lease commercial space in Danville?
Asking lease rates in Danville, KY average $10.00 per square foot per year.
Where does Realmo's Danville market data come from?
Realmo compiles Danville, KY figures from 6 recent recorded sales, 83 active sale listings, 7 active lease listings, 781 tracked off-market properties, the current Danville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 83 active for-sale and 7 active for-lease listings in Danville, 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: 10,795 zoned acres across 14 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
