Commercial Real Estate Market in Jacksonville, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2,159 active listings and 20,262 off-market properties in Jacksonville, FL. Commercial property asks $56/SF to buy and $16.87/SF/Yr to lease. Office vacancy runs 22.6%, the loosest of the segments tracked here.
Market Trends
Jacksonville, FL spans 899.3 square miles in Duval County, Florida. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Jacksonville, FL asks $22.19/SF/Yr to lease and $217/SF to buy. Vacancy runs 22.6% in 2025, up from 13.5% in 2019.
Retail
Retail space in Jacksonville, FL asks $225/SF to buy. Vacancy runs 6.6% in 2025, little changed from 6.3% in 2019. Nearly 1.2x the 2022 low of 5.5%.
Average Sale Price $/SF
Listings
Vacancy Rate %
Industrial
Industrial space in Jacksonville, FL asks $12.36/SF/Yr to lease. Vacancy runs 10.8% in 2025, up from 4.6% in 2019. Nearly 5.7x the 2022 low of 1.9%.
Average Lease Price $/SF/Yr
Listings
Vacancy Rate %
Multifamily
Multifamily space in Jacksonville, FL asks $203/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Planned_development 26%
- Residential 24.3%
- Agricultural 20.5%
- Industrial 6.5%
- Open space 5.2%
- Commercial 3.6%
- Mixed use 0%
Largest Zones share of zoned land by district
Planned Unit Development
Agriculture
Residential Low Density 60
Rural Residential Acre
Water
Agriculture (AGR)
Agriculture (AGR) zoning district: (1) One nonilluminated sign not exceeding a maximum of 16 square feet in area is permitted. (2) One nonilluminated sign not exceeding a maximum of 32 square feet in area may be allowed, provided it is specifically authorized in the grant of an exception. (f) Public Building and Facilities (PBF) Zoning Districts: (1)
Market overview
Demographics & Economy
Jacksonville, FL has 1,056,445 residents in 468,631 households. Density runs 1,175 people per square mile. Median household income here is $74,685 and median gross rent $1,473 a month.
1,056,445
Population
468,631
Households
2.3
Avg Household Size
38
Median Age
34%
College-Educated
91%
High-School Grad
899.3 sq mi
ZIP Area
1,175
Density / Sq Mi
$74,685
Median Household Income
$43,819
Median Earnings
$1,473
Median Rent
$289,442
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Fruit Cove | — | — |
| Doctors Inlet | — | — |
| Green Cove Springs | — | — |
| Orange Park | — | $20.76 |
Commercial property in Jacksonville, FL asks $56/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Jacksonville?
Commercial property in Jacksonville, FL asks an average of $56 per square foot. The 5 most recent recorded sales traded at a median of $141/SF. Retail carries the highest asking price at $225/SF.
How much does it cost to lease commercial space in Jacksonville?
Asking lease rates in Jacksonville, FL average $16.87 per square foot per year. Office asks $22.19/SF/Yr as of Q1 26, up from $19.48/SF/Yr in Q4 25.
What is the office vacancy rate in Jacksonville?
Office vacancy in Jacksonville, FL is 22.6% as of 2025, up from 13.5% in 2019. That is the highest in the 7-year series. Retail vacancy is 6.6%, below Office vacancy.
Which property type has the lowest vacancy in Jacksonville?
Retail has the lowest vacancy in Jacksonville, FL at 6.6%, inside a 5.5–7.5% band since 2019. For comparison: office 22.6%, industrial 10.8% and multifamily 11.3% (South).
Where does Realmo's Jacksonville market data come from?
Realmo compiles Jacksonville, FL figures from 8 recent recorded sales, 1,216 active sale listings, 943 active lease listings, 20,262 tracked off-market properties, the current Jacksonville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1,216 active for-sale and 943 active for-lease listings in Jacksonville, 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: 535,653 zoned acres across 47 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
- multifamily 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
