Commercial Real Estate Market in Payne, GA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Payne, GA spans 14.6 square miles in Bibb County, Georgia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Payne, GA runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in Payne, GA asks $106/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Payne, GA 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 Payne, 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 61.1%
- Commercial 39%
Largest Zones share of zoned land by district
Payne, GA zones 28 acres across 2 districts. Commercial zoning covers 39% of zoned land, residential 61.1%. The largest single district is Single Family Residential District at 61.1%. For commercial buyers the practical constraint is that only 39% of land carries a commercial or industrial designation.
R-1 Single Family Residential Districts are established to provide for low density residential developmen
Market overview
Demographics & Economy
Payne, GA has 30,512 residents in 15,578 households. Density runs 2,092 people per square mile. Median household income here is $38,478 and median gross rent $917 a month.
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Macon | — | $12.33 |
| Bolingbroke | — | — |
| Huber | — | — |
| Gray | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Payne?
Methodology & data sources
- 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: 28 zoned acres across 2 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