Commercial Real Estate Market in Oglethorpe, GA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
18 active listings and 125 off-market properties in Oglethorpe, GA.
Market Trends
Oglethorpe, GA spans 93.0 square miles in Macon County, Georgia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Oglethorpe, GA runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Oglethorpe, GA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Oglethorpe, 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 Oglethorpe, 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 71.1%
- Commercial 20.5%
- Industrial 8.5%
Largest Zones share of zoned land by district
Single Family Residential
Agricultural
Highway Commercial
Multifamily Residential
Light Industrial
Oglethorpe, GA zones 1,384 acres across 6 districts. Commercial zoning covers 20.5% of zoned land, residential 71.1% and industrial 8.5%. The largest single district is Single Family Residential at 40.8%. For commercial buyers the practical constraint is that only 29% of land carries a commercial or industrial designation.
Single Family Residential (R-1)
The R-1 Single Family Residential District is composed chiefly of existing low density residential areas of the city, and vacant or open areas where similar residential development appears likely to occur.
Market overview
Demographics & Economy
Oglethorpe, GA has 4,377 residents in 1,534 households. Density runs 47 people per square mile. Median household income here is $24,722 and median gross rent $622 a month.
4,377
Population
1,534
Households
2.9
Avg Household Size
38
Median Age
6%
College-Educated
71%
High-School Grad
93 sq mi
ZIP Area
47
Density / Sq Mi
$24,722
Median Household Income
$22,554
Median Earnings
$622
Median Rent
$68,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Ogelthorpe | — | — |
| Montezuma | — | — |
| Andersonville | — | — |
| Dooling | — | — |
Commercial property in Oglethorpe, GA asks $30/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Oglethorpe?
Commercial property in Oglethorpe, GA asks an average of $30 per square foot. The 7 most recent recorded sales traded at a median of $51/SF.
What zoning applies to commercial property in Oglethorpe?
Oglethorpe, GA zones 1,384 acres across 6 districts, of which 20.5% is commercial and 8.5% industrial. The largest single district is Single Family Residential at 40.8% of zoned land. The R-1 Single Family Residential District is composed chiefly of existing low density residential areas of the city, and vacant or open areas where similar residential development appears likely to occur. Residential zoning covers 71.1% and open space 0%.
Where does Realmo's Oglethorpe market data come from?
Realmo compiles Oglethorpe, GA figures from 7 recent recorded sales, 18 active sale listings, 125 tracked off-market properties, the current Oglethorpe zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 18 active for-sale and 0 active for-lease listings in Oglethorpe, 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: 1,384 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
