Commercial Real Estate Market in Hilliard, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
54 active listings and 199 off-market properties in Hilliard, FL.
Market Trends
Hilliard, FL spans 196.6 square miles in Nassau County, Florida. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Hilliard, 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 Hilliard, FL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Hilliard, 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 Hilliard, 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
- Agricultural 48.4%
- Residential 33.7%
- Commercial 8.2%
- Planned_development 6.8%
- Industrial 2.9%
Largest Zones share of zoned land by district
Agricultural
Single Family Residential
General Commercial
Single Family Residential
Planned Unit Development
Agricultural (A-1)
The district is intended to apply to areas which are sparsely developed.
Market overview
Demographics & Economy
Hilliard, FL has 9,626 residents in 4,060 households. Density runs 49 people per square mile. Median household income here is $71,750 and median gross rent $809 a month.
9,626
Population
4,060
Households
2.4
Avg Household Size
40
Median Age
13%
College-Educated
89%
High-School Grad
196.6 sq mi
ZIP Area
49
Density / Sq Mi
$71,750
Median Household Income
$38,287
Median Earnings
$809
Median Rent
$214,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Callahan | — | — |
| Folkston | — | — |
| Homeland | — | — |
| Saint George | — | — |
Commercial property in Hilliard, FL asks $4/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Hilliard?
Commercial property in Hilliard, FL asks an average of $4 per square foot. The 5 most recent recorded sales traded at a median of $138/SF.
Where does Realmo's Hilliard market data come from?
Realmo compiles Hilliard, FL figures from 7 recent recorded sales, 54 active sale listings, 199 tracked off-market properties, the current Hilliard zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 54 active for-sale and 0 active for-lease listings in Hilliard, 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: 3,567 zoned acres across 10 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
