Commercial Real Estate Market in Versailles, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
28 active listings and 45 off-market properties in Versailles, KY. Commercial property asks $228/SF to buy and $14.00/SF/Yr to lease (based on 7 listings).
Market Trends
Versailles, KY spans 175.1 square miles in Woodford County, Kentucky. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Versailles, KY has a median asking sale price of $180/SF (based on 3 listings). Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Versailles, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Versailles, 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 Versailles, 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 50.9%
- Industrial 19.5%
- Agricultural 17.6%
- Commercial 11.1%
- Open space 0.8%
Largest Zones share of zoned land by district
Versailles, KY zones 4,190 acres across 15 districts. Commercial zoning covers 11.1% of zoned land, residential 50.9%, open space 0.8% and industrial 19.5%. The largest single district is Agriculture at 17.6%. For commercial buyers the practical constraint is that only 30.6% of land carries a commercial or industrial designation.
The Agricultural District is intended to Maintain, preserve and enhance the prime agriculture lands of Woodford County
Market overview
Demographics & Economy
Versailles, KY has 32,061 residents in 13,029 households. Density runs 183 people per square mile. Median household income here is $78,414 and median gross rent $960 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Midway | $375 | — |
| Lawrenceburg | $439 | — |
| Frankfort | $120 | $13.79 |
Commercial property in Versailles, KY asks $228/SF. The 3 bordering markets run from $120/SF in Frankfort to $439/SF in Lawrenceburg, and the city sits below their $375/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Versailles?
How much does it cost to lease commercial space in Versailles?
How does Versailles compare to nearby markets on price?
What zoning applies to commercial property in Versailles?
Where does Realmo's Versailles market data come from?
Methodology & data sources
- Asking prices and medians
- There are 19 active for-sale and 9 active for-lease listings in Versailles, KY. The medians are based on 14 of the for-sale and 7 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: 4,190 zoned acres across 15 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
