Commercial Real Estate Market in Lilburn, GA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
90 active listings and 829 off-market properties in Lilburn, GA. Commercial property asks $553/SF to buy and $18.90/SF/Yr to lease.
Market Trends
Lilburn, GA spans 27.4 square miles in Gwinnett County, Georgia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Lilburn, GA asks $347/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 Lilburn, GA asks $342/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 Lilburn, 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 Lilburn, 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 67.2%
- Commercial 22.5%
- Industrial 7%
- Civic 1.9%
- Mixed use 1.3%
Largest Zones share of zoned land by district
Residential
Commercial Business
Industrial Activity
Residential
Office Institutional
Lilburn, GA zones 4,358 acres across 6 districts. Commercial zoning covers 22.5% of zoned land, residential 67.2% and industrial 7%. The largest single district is Residential at 60.7%. For commercial buyers the practical constraint is that only 29.5% of land carries a commercial or industrial designation.
Residential (R-1)
The R-1 district is intended to provide land areas primarily devoted to a range of single family dwelling types, reflecting much of the existing residential neighborhoods in the city
Market overview
Demographics & Economy
Lilburn, GA has 69,172 residents in 22,691 households. Density runs 2,528 people per square mile. Median household income here is $85,909 and median gross rent $1,681 a month.
69,172
Population
22,691
Households
3
Avg Household Size
38
Median Age
39%
College-Educated
82%
High-School Grad
27.4 sq mi
ZIP Area
2,528
Density / Sq Mi
$85,909
Median Household Income
$41,760
Median Earnings
$1,681
Median Rent
$325,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Rockbridge | — | — |
| Tucker | — | $15.17 |
| Norcross | — | $17.31 |
| Smoke Rise | — | — |
Commercial property in Lilburn, GA asks $553/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lilburn?
Commercial property in Lilburn, GA asks an average of $553 per square foot. The 4 most recent recorded sales traded at a median of $537/SF, so asking sits 3% above the achieved median. Office carries the highest asking price at $347/SF.
How much does it cost to lease commercial space in Lilburn?
Asking lease rates in Lilburn, GA average $18.90 per square foot per year.
What zoning applies to commercial property in Lilburn?
Lilburn, GA zones 4,358 acres across 6 districts, of which 22.5% is commercial and 7% industrial. The largest single district is Residential at 60.7% of zoned land. The R-1 district is intended to provide land areas primarily devoted to a range of single family dwelling types, reflecting much of the existing residential neighborhoods in the city Residential zoning covers 67.2% and open space 0%.
Where does Realmo's Lilburn market data come from?
Realmo compiles Lilburn, GA figures from 6 recent recorded sales, 62 active sale listings, 28 active lease listings, 829 tracked off-market properties, the current Lilburn zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 62 active for-sale and 28 active for-lease listings in Lilburn, 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: 4,358 zoned acres across 6 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
