Commercial Real Estate Market in Callahan, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
49 active listings and 239 off-market properties in Callahan, FL. Commercial property asks $86/SF to buy and $27.13/SF/Yr to lease.
Market Trends
Callahan, FL spans 168.5 square miles in Nassau County, Florida. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Callahan, FL runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Callahan, FL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Callahan, FL 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 Callahan, FL 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
- Commercial 41.7%
- Industrial 33.3%
- Residential 21%
- Mixed use 3%
- Open space 0.8%
Largest Zones share of zoned land by district
Commercial Highway
Intense Commercial Industrial
Residential Low Density
Commercial General
Residential Medium Density
Callahan, FL zones 1,053 acres across 8 districts. Commercial zoning covers 41.7% of zoned land, residential 21%, open space 0.8% and industrial 33.3%. The largest single district is Commercial Highway at 33.4%. For commercial buyers the practical constraint is that only 75% of land carries a commercial or industrial designation.
Commercial Highway (CH)
The provisions of this district are intended to provide areas for the development of commercial uses which will provide the commercial needs of Callahan and surrounding areas. The areas designated in this district are intended to be accessible to major arterial roads in Callahan. The Commercial Highway District (CH) shall contain areas which are consistent w…
Market overview
Demographics & Economy
Callahan, FL has 15,678 residents in 6,298 households. Density runs 93 people per square mile. Median household income here is $77,121 and median gross rent $1,000 a month.
15,678
Population
6,298
Households
2.5
Avg Household Size
41
Median Age
13%
College-Educated
84%
High-School Grad
168.5 sq mi
ZIP Area
93
Density / Sq Mi
$77,121
Median Household Income
$45,345
Median Earnings
$1,000
Median Rent
$234,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hilliard | — | — |
| Bryceville | — | — |
| Yulee | — | — |
| Saint George | — | — |
Commercial property in Callahan, FL asks $86/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Callahan?
Commercial property in Callahan, FL asks an average of $86 per square foot. The 6 most recent recorded sales traded at a median of $205/SF.
How much does it cost to lease commercial space in Callahan?
Asking lease rates in Callahan, FL average $27.13 per square foot per year.
What zoning applies to commercial property in Callahan?
Callahan, FL zones 1,053 acres across 8 districts, of which 41.7% is commercial and 33.3% industrial. The largest single district is Commercial Highway at 33.4% of zoned land. The provisions of this district are intended to provide areas for the development of commercial uses which will provide the commercial needs of Callahan and surrounding areas. The areas designated in this district are intended to be accessible to major arterial roads in Callahan. The Commercial Highway District (CH) shall contain areas which are consistent w… Residential zoning covers 21% and open space 0.8%.
Where does Realmo's Callahan market data come from?
Realmo compiles Callahan, FL figures from 6 recent recorded sales, 48 active sale listings, 1 active lease listings, 239 tracked off-market properties, the current Callahan zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 48 active for-sale and 1 active for-lease listings in Callahan, FL. 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: 1,053 zoned acres across 8 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
