Commercial Real Estate Market in Palmetto, GA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
49 active listings and 239 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 August 2026.
Office
Office space in Palmetto, GA asks $145/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 vacancy in Palmetto, GA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Palmetto, 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 Palmetto, 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 56.6%
- Planned_development 19.5%
- Industrial 18.2%
- Commercial 5.8%
Largest Zones share of zoned land by district
Rural Residential
Planned Unit Development
Moderate Density Residential
Light Industrial
Medium Density Residential
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.
Rural Residential (RR)
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.
10,560
Population
4,641
Households
2.3
Avg Household Size
40
Median Age
29%
College-Educated
87%
High-School Grad
69.2 sq mi
ZIP Area
153
Density / Sq Mi
$71,792
Median Household Income
$39,430
Median Earnings
$1,224
Median Rent
$252,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Chattahoochee Hills | — | — |
| Fairburn | — | $18.45 |
| Shenandoah | — | — |
| Tyrone | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Palmetto?
Palmetto, GA zones 7,678 acres across 14 districts, of which 5.8% is commercial and 18.2% industrial. The largest single district is Rural Residential at 27.8% of zoned land. 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… Residential zoning covers 56.6% and open space 0%.
Where does Realmo's Palmetto market data come from?
Realmo compiles Palmetto, GA figures from 6 recent recorded sales, 44 active sale listings, 5 active lease listings, 239 tracked off-market properties, the current Palmetto zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 44 active for-sale and 5 active for-lease listings in Palmetto, 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: 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 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
