Commercial Real Estate Market in Hapeville, GA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
12 active listings and 230 off-market properties in Hapeville, GA.
Market Trends
Hapeville, GA spans 10.7 square miles in Fulton County, Georgia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Hapeville, GA asks $145/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail vacancy in Hapeville, GA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Hapeville, GA 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 Hapeville, 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 42.8%
- Mixed use 24.2%
- Industrial 22.3%
- Commercial 10.1%
- Planned_development 0.7%
Largest Zones share of zoned land by district
One Family Detached
Light Industrial
Urban Village
One Family Detached
Residential Single Family
Hapeville, GA zones 1,520 acres across 17 districts. Commercial zoning covers 10.1% of zoned land, residential 42.8% and industrial 22.3%. The largest single district is One Family Detached at 19%. For commercial buyers the practical constraint is that only 32.3% of land carries a commercial or industrial designation.
One Family Detached (R-1)
Permitted Development Types by Zoning District R-I R-O R-1 R-2 R-3 R-4 R-5 R-SF R-AD RMU BP CR C-1 C-2 D-D V N-C UV P-D I-1 I-2 C-T ADO* RESIDENTIAL USES Single-Family Residential Detached P P P P P P P P P PR P P PR PR Single-Family Residential Attached (< or = 4 units) P P PR
Market overview
Demographics & Economy
Hapeville, GA has 16,151 residents in 7,274 households. Density runs 1,507 people per square mile. Median household income here is $53,932 and median gross rent $1,221 a month.
16,151
Population
7,274
Households
2.2
Avg Household Size
34
Median Age
24%
College-Educated
84%
High-School Grad
10.7 sq mi
ZIP Area
1,507
Density / Sq Mi
$53,932
Median Household Income
$38,185
Median Earnings
$1,221
Median Rent
$229,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Forest Park | — | — |
| Conley | — | — |
| College Park | — | — |
| East Point | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Hapeville?
Hapeville, GA zones 1,520 acres across 17 districts, of which 10.1% is commercial and 22.3% industrial. The largest single district is One Family Detached at 19% of zoned land. Permitted Development Types by Zoning District R-I R-O R-1 R-2 R-3 R-4 R-5 R-SF R-AD RMU BP CR C-1 C-2 D-D V N-C UV P-D I-1 I-2 C-T ADO* RESIDENTIAL USES Single-Family Residential Detached P P P P P P P P P PR P P PR PR Single-Family Residential Attached (< or = 4 units) P P PR Residential zoning covers 42.8% and open space 0%.
Where does Realmo's Hapeville market data come from?
Realmo compiles Hapeville, GA figures from 7 recent recorded sales, 11 active sale listings, 1 active lease listings, 230 tracked off-market properties, the current Hapeville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 11 active for-sale and 1 active for-lease listings in Hapeville, 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: 1,520 zoned acres across 17 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
