Commercial Real Estate Market in Atlanta, GA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1,974 active listings and 17,573 off-market properties in Atlanta, GA. Commercial property asks $97/SF to buy and $22.55/SF/Yr to lease. Office vacancy runs 25%, the loosest of the segments tracked here.
Market Trends
Atlanta, GA spans 355.5 square miles in Fulton County, Georgia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Atlanta, GA asks $145/SF to buy. Vacancy runs 25% in 2025, up from 17.9% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate %
Retail
Retail vacancy in Atlanta, GA runs 5% in 2025, down from 6.7% in 2019.
Vacancy Rate %
Industrial
Industrial vacancy in Atlanta, GA runs 9% in 2025, up from 7.2% in 2019. Nearly 2.9x the 2021 low of 3.1%.
Vacancy Rate %
Multifamily
Multifamily vacancy in Atlanta, GA 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
- Residential 66.5%
- Industrial 11.5%
- Mixed use 8.2%
- Commercial 7%
- Planned_development 3.7%
- Civic 2.6%
- Open space 0.6%
- Special 0%
Largest Zones share of zoned land by district
Single Family Residential
Single Family Residential
Heavy Industrial District
Single Family Residential
Light Industrial District
Atlanta, GA zones 87,490 acres across 241 districts. Commercial zoning covers 7% of zoned land, residential 66.5%, open space 0.6% and industrial 11.5%. The largest single district is Single Family Residential at 27.7%. For commercial buyers the practical constraint is that only 18.4% of land carries a commercial or industrial designation.
Single Family Residential (R-4)
The purpose of this zone is to provide single family neighborhoods, new development in a manner compatible with existing development, for the development of recreational, religious and educational facilities as basic elements of a balanced community
Market overview
Demographics & Economy
Atlanta, GA has 1,043,682 residents in 518,332 households. Density runs 2,936 people per square mile. Median household income here is $87,676 and median gross rent $1,602 a month.
1,043,682
Population
518,332
Households
2
Avg Household Size
35
Median Age
56%
College-Educated
92%
High-School Grad
355.5 sq mi
ZIP Area
2,936
Density / Sq Mi
$87,676
Median Household Income
$57,122
Median Earnings
$1,602
Median Rent
$449,755
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Druid Hills | — | — |
| North Decatur | — | — |
| Decatur | — | $18.00 |
| East Point | — | — |
Commercial property in Atlanta, GA asks $97/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Atlanta?
Commercial property in Atlanta, GA asks an average of $97 per square foot. The 3 most recent recorded sales traded at a median of $226/SF. Office carries the highest asking price at $145/SF.
How much does it cost to lease commercial space in Atlanta?
Asking lease rates in Atlanta, GA average $22.55 per square foot per year.
What is the office vacancy rate in Atlanta?
Office vacancy in Atlanta, GA is 25% as of 2025, up from 17.9% in 2019. Retail vacancy is 5%, below Office vacancy.
Which property type has the lowest vacancy in Atlanta?
Retail has the lowest vacancy in Atlanta, GA at 5%, inside a 4.1–6.7% band since 2019. For comparison: office 25%, industrial 9% and multifamily 11.3% (South).
What zoning applies to commercial property in Atlanta?
Atlanta, GA zones 87,490 acres across 241 districts, of which 7% is commercial and 11.5% industrial. The largest single district is Single Family Residential at 27.7% of zoned land. The purpose of this zone is to provide single family neighborhoods, new development in a manner compatible with existing development, for the development of recreational, religious and educational facilities as basic elements of a balanced community Residential zoning covers 66.5% and open space 0.6%.
Where does Realmo's Atlanta market data come from?
Realmo compiles Atlanta, GA figures from 4 recent recorded sales, 1,465 active sale listings, 509 active lease listings, 17,573 tracked off-market properties, the current Atlanta zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1,465 active for-sale and 509 active for-lease listings in Atlanta, GA. 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: 87,490 zoned acres across 241 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
