Commercial Real Estate Market in Glasgow, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
192 active listings and 1,079 off-market properties in Glasgow, KY. Commercial property asks $230/SF to buy and $12.00/SF/Yr to lease.
Market Trends
Glasgow, KY spans 268.5 square miles in Barren County, Kentucky. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Glasgow, 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 Glasgow, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Glasgow, 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 Glasgow, 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 43.1%
- Industrial 22.5%
- Commercial 16.9%
- Agricultural 6.7%
- Planned_development 1.6%
Largest Zones share of zoned land by district
Low Density Residential
Light Industrial
Medium Density Residential
General Business District
Heavy Industrial District
Glasgow, KY zones 10,411 acres across 13 districts. Commercial zoning covers 16.9% of zoned land, residential 43.1% and industrial 22.5%. The largest single district is Low Density Residential at 29.5%. For commercial buyers the practical constraint is that only 39.4% of land carries a commercial or industrial designation.
Low Density Residential (R-1)
The purpose of the R-1 zoning district is intended to be the most restrictive residential district. The principal use of land in this district is for low density single-family and two-family residential uses and related recreational, religious and educational facilities normally required to provide the basic elements of a balanced, orderly, convenient and at…
Market overview
Demographics & Economy
Glasgow, KY has 32,207 residents in 14,385 households. Density runs 120 people per square mile. Median household income here is $51,188 and median gross rent $833 a month.
32,207
Population
14,385
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
268.5 sq mi
ZIP Area
120
Density / Sq Mi
$51,188
Median Household Income
$35,094
Median Earnings
$833
Median Rent
$170,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Haywood | — | — |
| Lucas | — | — |
| Cooktown | — | — |
| Etoile | — | — |
Commercial property in Glasgow, KY asks $230/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Glasgow?
Commercial property in Glasgow, KY asks an average of $230 per square foot. The 3 most recent recorded sales traded at a median of $386/SF.
How much does it cost to lease commercial space in Glasgow?
Asking lease rates in Glasgow, KY average $12.00 per square foot per year.
What zoning applies to commercial property in Glasgow?
Glasgow, KY zones 10,411 acres across 13 districts, of which 16.9% is commercial and 22.5% industrial. The largest single district is Low Density Residential at 29.5% of zoned land. The purpose of the R-1 zoning district is intended to be the most restrictive residential district. The principal use of land in this district is for low density single-family and two-family residential uses and related recreational, religious and educational facilities normally required to provide the basic elements of a balanced, orderly, convenient and at… Residential zoning covers 43.1% and open space 0%.
Where does Realmo's Glasgow market data come from?
Realmo compiles Glasgow, KY figures from 3 recent recorded sales, 186 active sale listings, 6 active lease listings, 1,079 tracked off-market properties, the current Glasgow zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 186 active for-sale and 6 active for-lease listings in Glasgow, 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: 10,411 zoned acres across 13 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
