Commercial Real Estate Market in Irvine, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
16 active listings and 344 off-market properties in Irvine, KY. Commercial property asks $146/SF to buy (based on 8 listings) and $11.91/SF/Yr to lease (based on 4 listings).
Market Trends
Irvine, KY spans 209.6 square miles in Estill County, Kentucky. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Irvine, KY runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in Irvine, KY has a median asking sale price of $146/SF (based on 4 listings). Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Irvine, 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 Irvine, 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 55.4%
- Open space 13.3%
- Commercial 10.6%
- Agricultural 10.2%
- Industrial 10%
Largest Zones share of zoned land by district
Irvine, KY zones 1,032 acres across 12 districts. Commercial zoning covers 10.6% of zoned land, residential 55.4%, open space 13.3% and industrial 10%. The largest single district is Single Family Residential at 37%. For commercial buyers the practical constraint is that only 20.5% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Irvine, KY has 12,566 residents in 6,030 households. Density runs 60 people per square mile. Median household income here is $45,060 and median gross rent $672 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Irvine?
How much does it cost to lease commercial space in Irvine?
What zoning applies to commercial property in Irvine?
Where does Realmo's Irvine market data come from?
Methodology & data sources
- Asking prices and medians
- There are 11 active for-sale and 5 active for-lease listings in Irvine, KY. The medians are based on 8 of the for-sale and 4 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: 1,032 zoned acres across 12 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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
