Commercial Real Estate Market in Flatwoods, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
3 active listings and 164 off-market properties in Flatwoods, KY.
Market Trends
Flatwoods, KY spans 8.2 square miles in Greenup County, Kentucky. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Flatwoods, KY runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Flatwoods, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Flatwoods, KY runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Flatwoods, KY runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 86.7%
- Commercial 8.1%
- Mixed use 5.2%
Largest Zones share of zoned land by district
Flatwoods, KY zones 2,721 acres across 5 districts. Commercial zoning covers 8.1% of zoned land, residential 86.7%. The largest single district is Residential 2 Medium Density Multifamily at 82.1%. For commercial buyers the practical constraint is that only 8.1% of land carries a commercial or industrial designation.
This district is provided in recognition of the areas of the community with medium density residential development and land that is appropriate for such development. All property shall be served by water and sewer.
Market overview
Demographics & Economy
Flatwoods, KY has 8,371 residents in 3,576 households. Density runs 1,016 people per square mile. Median household income here is $59,550 and median gross rent $914 a month.
Tools
Frequently Asked Questions
What zoning applies to commercial property in Flatwoods?
Where does Realmo's Flatwoods market data come from?
Methodology & data sources
- Asking prices and medians
- There are 3 active for-sale and 0 active for-lease listings in Flatwoods, KY. Too few listings here state a price or rent per square foot for a median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 2,721 zoned acres across 5 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
