Commercial Real Estate Market in Athens, GA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
189 active listings and 3,358 off-market properties in Athens, GA. Commercial property asks $188/SF to buy and $16.75/SF/Yr to lease.
Market Trends
Athens, GA spans 130.4 square miles in Clarke County, Georgia. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Athens, GA has a median asking sale price of $248/SF. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Typical asking range for active listings in Athens, GA (the middle half): Lease $12.50–$20.34/SF/Yr (median $17.03/SF/Yr, 33 listings); Sale $222–$335/SF (median $248/SF, 14 listings).
Retail
Retail space in Athens, GA has a median asking sale price of $163/SF (based on 4 listings). Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Typical asking range for active listings in Athens, GA (the middle half): Lease $12.00–$25.00/SF/Yr (median $13.00/SF/Yr, 13 listings).
Industrial
Industrial space in Athens, GA has a median asking sale price of $178/SF. Vacancy runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Typical asking range for active listings in Athens, GA (the middle half): Sale $162–$191/SF (median $178/SF, 11 listings).
Multifamily
Multifamily space in Athens, GA has a median asking sale price of $184/SF. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Typical asking range for active listings in Athens, GA (the middle half): Sale $152–$243/SF (median $184/SF, 22 listings).
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 71.7%
- Mixed use 13%
- Industrial 9%
- Commercial 6.3%
- Civic 0%
- Planned_development 0%
Largest Zones share of zoned land by district
Athens, GA zones 69,482 acres across 22 districts. Commercial zoning covers 6.3% of zoned land, residential 71.7% and industrial 9%. The largest single district is Agricultural Residential at 37.1%. For commercial buyers the practical constraint is that only 15.3% of land carries a commercial or industrial designation.
District is to stabilize and protect the owner occupied housing characteristics of the district and to promote and encourage a suitable environment for family life
Market overview
Demographics & Economy
Athens, GA has 130,756 residents in 57,166 households. Density runs 1,002 people per square mile. Median household income here is $52,332 and median gross rent $1,158 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Hull | $92 | $10.23 |
| Watkinsville | $227 | $18.69 |
| Bogart | $269 | $21.49 |
Commercial property in Athens, GA asks $188/SF. The 3 bordering markets run from $92/SF in Hull to $269/SF in Bogart, and the city sits below their $227/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Athens?
How much does it cost to lease commercial space in Athens?
How does Athens compare to nearby markets on price?
What zoning applies to commercial property in Athens?
Where does Realmo's Athens market data come from?
Methodology & data sources
- Asking prices and medians
- There are 101 active for-sale and 88 active for-lease listings in Athens, GA. The medians are based on 50 of the for-sale and 56 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: 69,482 zoned acres across 22 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
