Commercial Real Estate Market in Lula, GA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
38 active listings and 150 off-market properties in Lula, GA.
Market Trends
Lula, GA spans 71.5 square miles in Hall County, Georgia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lula, GA runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail space in Lula, GA asks $261/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 Lula, 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 Lula, 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
- Industrial 52%
- Residential 30.8%
- Commercial 12.7%
- Planned_development 2.5%
- Civic 1.7%
Largest Zones share of zoned land by district
Agricultural District
Singe Family Residential
Highway Business District
Light Industrial District
Multiple Family Residential
Lula, GA zones 2,592 acres across 10 districts. Commercial zoning covers 12.7% of zoned land, residential 30.8% and industrial 52%. The largest single district is Agricultural District at 41.8%. For commercial buyers the practical constraint is that only 64.7% of land carries a commercial or industrial designation.
Agricultural District (A-1)
The Agricultural district is established to maintain those areas with land characteristics such as solid moisture, temperature and content suitable for farming, dairying, forestry operations and other agricultural activities to protect land used or needed for food production and other agricultural uses from encroachment by untimely and unplanned residential,…
Market overview
Demographics & Economy
Lula, GA has 8,394 residents in 3,476 households. Density runs 117 people per square mile. Median household income here is $81,789 and median gross rent $985 a month.
8,394
Population
3,476
Households
2.4
Avg Household Size
40
Median Age
18%
College-Educated
86%
High-School Grad
71.5 sq mi
ZIP Area
117
Density / Sq Mi
$81,789
Median Household Income
$42,386
Median Earnings
$985
Median Rent
$239,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Gillsville | — | — |
| Alto | — | — |
| Clermont | — | — |
| Homer | — | — |
Commercial property in Lula, GA asks $8,439/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lula?
Commercial property in Lula, GA asks an average of $8,439 per square foot. Retail carries the highest asking price at $261/SF.
What zoning applies to commercial property in Lula?
Lula, GA zones 2,592 acres across 10 districts, of which 12.7% is commercial and 52% industrial. The largest single district is Agricultural District at 41.8% of zoned land. The Agricultural district is established to maintain those areas with land characteristics such as solid moisture, temperature and content suitable for farming, dairying, forestry operations and other agricultural activities to protect land used or needed for food production and other agricultural uses from encroachment by untimely and unplanned residential,… Residential zoning covers 30.8% and open space 0%.
Where does Realmo's Lula market data come from?
Realmo compiles Lula, GA figures from 3 recent recorded sales, 36 active sale listings, 2 active lease listings, 150 tracked off-market properties, the current Lula zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 36 active for-sale and 2 active for-lease listings in Lula, 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: 2,592 zoned acres across 10 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
