Commercial Real Estate Market in Palmetto, GA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
13 active listings and 238 off-market properties in Palmetto, GA.
Market Trends
Palmetto, GA spans 69.2 square miles in Fulton County, Georgia. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Palmetto, GA runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Palmetto, GA runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial space in Palmetto, GA has a median asking sale price of $160/SF (based on 3 listings). Vacancy runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Palmetto, GA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 56.6%
- Planned_development 19.5%
- Industrial 18.2%
- Commercial 5.8%
Largest Zones share of zoned land by district
Palmetto, GA zones 7,678 acres across 14 districts. Commercial zoning covers 5.8% of zoned land, residential 56.6% and industrial 18.2%. The largest single district is Rural Residential at 27.8%. For commercial buyers the practical constraint is that only 23.9% of land carries a commercial or industrial designation.
This district is intended to protect those features within the rural areas of the city that are valued by the community and contribute to the prized character The agricultural context, pastoral setting, natural features and wildlife habitats are essential components of that rural character Single family homes are permitted within this district at low densiti…
Market overview
Demographics & Economy
Palmetto, GA has 10,560 residents in 4,641 households. Density runs 153 people per square mile. Median household income here is $71,792 and median gross rent $1,224 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Fairburn | $49 | — |
| Tyrone | $197 | — |
| Newnan | $280 | $19.71 |
| Peachtree City | $409 | $14.66 |
Commercial property in Palmetto, GA asks $130/SF. The 4 bordering markets run from $49/SF in Fairburn to $409/SF in Peachtree City, and the city sits below their $238/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Palmetto?
How does Palmetto compare to nearby markets on price?
What zoning applies to commercial property in Palmetto?
Where does Realmo's Palmetto market data come from?
Methodology & data sources
- Asking prices and medians
- There are 8 active for-sale and 5 active for-lease listings in Palmetto, GA. The sale median is based on 4 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 7,678 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
