Commercial Real Estate Market in Jonesboro, GA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
134 active listings and 1,444 off-market properties in Jonesboro, GA. Commercial property asks $216/SF to buy and $11.94/SF/Yr to lease.
Market Trends
Jonesboro, GA spans 49.7 square miles in Clayton County, Georgia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Jonesboro, GA asks $139/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 space in Jonesboro, GA asks $495/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Jonesboro, 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 Jonesboro, 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 39.6%
- Commercial 27.8%
- Civic 18.2%
- Industrial 8.8%
- Mixed use 5.5%
Largest Zones share of zoned land by district
Single Family Residential District
Office And Institutional District
Highway Commercial District
Single Family Residential District
Light Industrial District
Jonesboro, GA zones 1,927 acres across 13 districts. Commercial zoning covers 27.8% of zoned land, residential 39.6% and industrial 8.8%. The largest single district is Single Family Residential District at 22.1%. For commercial buyers the practical constraint is that only 36.6% of land carries a commercial or industrial designation.
Single Family Residential District (R-4)
The R-4 single family residential district is established to provide for single family detached dwellings on individual lots having a minimum area of one-quarter acre, The district is intended to create and preserve a neighborhood setting in which smaller lots are desired
Market overview
Demographics & Economy
Jonesboro, GA has 92,063 residents in 34,129 households. Density runs 1,853 people per square mile. Median household income here is $64,964 and median gross rent $1,326 a month.
92,063
Population
34,129
Households
2.7
Avg Household Size
35
Median Age
22%
College-Educated
84%
High-School Grad
49.7 sq mi
ZIP Area
1,853
Density / Sq Mi
$64,964
Median Household Income
$35,996
Median Earnings
$1,326
Median Rent
$214,501
Median Home Value
Tools
Lease vs Buy Breakeven
At $11.94/SF/Yr lease vs $216/SF buy → buying wins if held > 7 years.
At a 5.5% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Morrow | — | — |
| Riverdale | — | — |
| Lake City | — | — |
| Rex | — | — |
Commercial property in Jonesboro, GA asks $216/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Jonesboro?
Commercial property in Jonesboro, GA asks an average of $216 per square foot. The 6 most recent recorded sales traded at a median of $454/SF. Retail carries the highest asking price at $495/SF.
How much does it cost to lease commercial space in Jonesboro?
Asking lease rates in Jonesboro, GA average $11.94 per square foot per year.
Is it cheaper to lease or buy commercial space in Jonesboro?
Buying beats leasing in Jonesboro, GA if the property is held longer than 7.0 years, comparing $11.94/SF/Yr asking rent with $216/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
What zoning applies to commercial property in Jonesboro?
Jonesboro, GA zones 1,927 acres across 13 districts, of which 27.8% is commercial and 8.8% industrial. The largest single district is Single Family Residential District at 22.1% of zoned land. The R-4 single family residential district is established to provide for single family detached dwellings on individual lots having a minimum area of one-quarter acre, The district is intended to create and preserve a neighborhood setting in which smaller lots are desired Residential zoning covers 39.6% and open space 0%.
Where does Realmo's Jonesboro market data come from?
Realmo compiles Jonesboro, GA figures from 6 recent recorded sales, 110 active sale listings, 24 active lease listings, 1,444 tracked off-market properties, the current Jonesboro zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 110 active for-sale and 24 active for-lease listings in Jonesboro, 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: 1,927 zoned acres across 13 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
