Commercial Real Estate Market in Lagrange, GA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
294 active listings and 1,903 off-market properties in Lagrange, GA. Commercial property asks $170/SF to buy and $6.51/SF/Yr to lease.
Market Trends
Lagrange, GA spans 252.0 square miles in Troup County, Georgia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Lagrange, GA asks $111/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 Lagrange, GA asks $144/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 Lagrange, 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 Lagrange, 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 44.7%
- Industrial 35.3%
- Mixed use 17.3%
- Commercial 2.8%
Largest Zones share of zoned land by district
Campus General Industrial And Agribusiness
Suburban Single Family Residential
Traditional Neighborhood Low Density Residential
Corridor Mixed Use
Activity Center Mixed Use
Lagrange, GA zones 24,409 acres across 14 districts. Commercial zoning covers 2.8% of zoned land, residential 44.7% and industrial 35.3%. The largest single district is Campus General Industrial And Agribusiness at 33.7%. For commercial buyers the practical constraint is that only 38% of land carries a commercial or industrial designation.
Campus General Industrial And Agribusiness (CP-GI)
This zoning district is intended primarily for large-site development of industrial uses and agricultural-related businesses.
Market overview
Demographics & Economy
Lagrange, GA has 55,628 residents in 23,215 households. Density runs 221 people per square mile. Median household income here is $54,232 and median gross rent $1,054 a month.
55,628
Population
23,215
Households
2.4
Avg Household Size
38
Median Age
24%
College-Educated
88%
High-School Grad
252 sq mi
ZIP Area
221
Density / Sq Mi
$54,232
Median Household Income
$37,768
Median Earnings
$1,054
Median Rent
$196,946
Median Home Value
Tools
Lease vs Buy Breakeven
At $6.51/SF/Yr lease vs $170/SF buy → buying wins if held > 22.5 years.
At a 3.8% 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 |
|---|---|---|
| Mountville | — | — |
| Glenn | — | — |
| Rock Mills | — | — |
| La Nett | — | — |
Commercial property in Lagrange, GA asks $170/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lagrange?
Commercial property in Lagrange, GA asks an average of $170 per square foot. The 6 most recent recorded sales traded at a median of $70/SF, so asking sits 143% above the achieved median. Retail carries the highest asking price at $144/SF.
How much does it cost to lease commercial space in Lagrange?
Asking lease rates in Lagrange, GA average $6.51 per square foot per year.
Is it cheaper to lease or buy commercial space in Lagrange?
Buying beats leasing in Lagrange, GA if the property is held longer than 22.5 years, comparing $6.51/SF/Yr asking rent with $170/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 Lagrange?
Lagrange, GA zones 24,409 acres across 14 districts, of which 2.8% is commercial and 35.3% industrial. The largest single district is Campus General Industrial And Agribusiness at 33.7% of zoned land. This zoning district is intended primarily for large-site development of industrial uses and agricultural-related businesses. Residential zoning covers 44.7% and open space 0%.
Where does Realmo's Lagrange market data come from?
Realmo compiles Lagrange, GA figures from 7 recent recorded sales, 272 active sale listings, 22 active lease listings, 1,903 tracked off-market properties, the current Lagrange zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 272 active for-sale and 22 active for-lease listings in Lagrange, 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: 24,409 zoned acres across 14 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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
