Commercial Real Estate Market in Grand Rivers, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
41 active listings and 90 off-market properties in Grand Rivers, KY. Commercial property asks $232/SF to buy and $7.84/SF/Yr to lease.
Market Trends
Grand Rivers, KY spans 40.8 square miles in Livingston County, Kentucky. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Grand Rivers, 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 Grand Rivers, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Grand Rivers, 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 Grand Rivers, KY runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Grand Rivers, KY has 2,150 residents in 1,219 households. Density runs 53 people per square mile. Median household income here is $47,230 and median gross rent $878 a month.
2,150
Population
1,219
Households
1.8
Avg Household Size
50
Median Age
14%
College-Educated
89%
High-School Grad
40.8 sq mi
ZIP Area
53
Density / Sq Mi
$47,230
Median Household Income
$30,912
Median Earnings
$878
Median Rent
$95,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lake City | — | — |
| Gilbertsville | — | — |
| Suwanee | — | — |
| Iuka | — | — |
Commercial property in Grand Rivers, KY asks $232/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Grand Rivers?
Commercial property in Grand Rivers, KY asks an average of $232 per square foot.
How much does it cost to lease commercial space in Grand Rivers?
Asking lease rates in Grand Rivers, KY average $7.84 per square foot per year.
Where does Realmo's Grand Rivers market data come from?
Realmo compiles Grand Rivers, KY figures from 40 active sale listings, 1 active lease listings, 90 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 40 active for-sale and 1 active for-lease listings in Grand Rivers, 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.
- 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
