Commercial Real Estate Market in Georgetown, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
61 active listings and 910 off-market properties in Georgetown, KY. Commercial property asks $247/SF to buy (based on 9 listings) and $20.00/SF/Yr to lease.
Market Trends
Georgetown, KY spans 155.1 square miles in Scott County, Kentucky. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Georgetown, KY runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Georgetown, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Georgetown, 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 space in Georgetown, KY has a median asking sale price of $282/SF (based on 4 listings). Vacancy 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 51.8%
- Industrial 21%
- Commercial 10.4%
- Mixed use 5.7%
- Agricultural 5%
- Open space 3.4%
- Civic 2.7%
Largest Zones share of zoned land by district
Georgetown, KY zones 12,417 acres across 22 districts. Commercial zoning covers 10.4% of zoned land, residential 51.8%, open space 3.4% and industrial 21%. The largest single district is Medium Density Residential at 25.1%. For commercial buyers the practical constraint is that only 31.4% of land carries a commercial or industrial designation.
The I-2 District is designed for heavy industrial operations, including activities with significant noise, traffic, or environmental impact. These areas accommodate large-scale production and raw-material handling.
Market overview
Demographics & Economy
Georgetown, KY has 51,035 residents in 20,570 households. Density runs 329 people per square mile. Median household income here is $83,012 and median gross rent $1,188 a month.
Tools
Nearby Markets
Commercial property in Georgetown, KY asks $247/SF. The 2 bordering markets run from $188/SF in Lexington to $375/SF in Midway, and the city sits below their $281/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Georgetown?
How much does it cost to lease commercial space in Georgetown?
How does Georgetown compare to nearby markets on price?
What zoning applies to commercial property in Georgetown?
Where does Realmo's Georgetown market data come from?
Methodology & data sources
- Asking prices and medians
- There are 22 active for-sale and 39 active for-lease listings in Georgetown, KY. The medians are based on 9 of the for-sale and 35 of the for-lease listings, those that state a price or rent per square foot. 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: 12,417 zoned acres across 22 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
