Commercial Real Estate Market in Newport, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
30 active listings and 2,500 off-market properties in Newport, KY. Commercial property asks $141/SF to buy (based on 6 listings) and $14.25/SF/Yr to lease (based on 3 listings).
Market Trends
Newport, KY spans 32.9 square miles in Campbell County, Kentucky. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Newport, KY runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Newport, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Newport, 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 Newport, KY has a median asking sale price of $141/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 39.4%
- Commercial 31.2%
- Agricultural 10.9%
- Planned_development 8.7%
- Mixed use 4.4%
- Industrial 3.6%
- Open space 1.7%
Largest Zones share of zoned land by district
Newport, KY zones 1,954 acres across 18 districts. Commercial zoning covers 31.2% of zoned land, residential 39.4%, open space 1.7% and industrial 3.6%. The largest single district is Single Family Detached at 28.4%. For commercial buyers the practical constraint is that only 34.8% of land carries a commercial or industrial designation.
R-1, R-2, R-3, R-4, R-5, CBD, NC, SC, PO, RFD, CBDF, I-1, and I-2. BUSINESS: Commercial establishments that provide, as their primary activity, sale of goods and/or services to individuals as well as to other commercial establishments. CANOPY (MARQUEE): A permanent roof-like shelter extending from a building face serving the purpose of protecting pedestrians…
Market overview
Demographics & Economy
Newport, KY has 66,004 residents in 31,077 households. Density runs 2,008 people per square mile. Median household income here is $73,958 and median gross rent $1,092 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Newport?
How much does it cost to lease commercial space in Newport?
What zoning applies to commercial property in Newport?
Where does Realmo's Newport market data come from?
Methodology & data sources
- Asking prices and medians
- There are 14 active for-sale and 16 active for-lease listings in Newport, KY. The medians are based on 6 of the for-sale and 3 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: 1,954 zoned acres across 18 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
