Commercial Real Estate Market in Saint Marys, GA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
309 active listings and 557 off-market properties in Saint Marys, GA. Commercial property asks $296/SF to buy and $8.95/SF/Yr to lease.
Market Trends
Saint Marys, GA spans 71.8 square miles in Camden County, Georgia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Saint Marys, 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 Saint Marys, GA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Saint Marys, 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 Saint Marys, GA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Saint Marys, GA has 21,348 residents in 9,729 households. Density runs 298 people per square mile. Median household income here is $67,761 and median gross rent $1,205 a month.
21,348
Population
9,729
Households
2.2
Avg Household Size
35
Median Age
25%
College-Educated
93%
High-School Grad
71.8 sq mi
ZIP Area
298
Density / Sq Mi
$67,761
Median Household Income
$36,902
Median Earnings
$1,205
Median Rent
$250,700
Median Home Value
Tools
Lease vs Buy Breakeven
At $8.95/SF/Yr lease vs $296/SF buy → leasing stays cheaper across the full 30-year hold modeled here.
At a 3% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Kings Bay | — | — |
| Kingsland | — | $4.30 |
| Fernandina Beach | — | $54.08 |
| Yulee | — | — |
Commercial property in Saint Marys, GA asks $296/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Saint Marys?
Commercial property in Saint Marys, GA asks an average of $296 per square foot. The 4 most recent recorded sales traded at a median of $67/SF, so asking sits 339% above the achieved median.
How much does it cost to lease commercial space in Saint Marys?
Asking lease rates in Saint Marys, GA average $8.95 per square foot per year.
Is it cheaper to lease or buy commercial space in Saint Marys?
In Saint Marys, GA, leasing stays cheaper across the modelled hold period. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
Where does Realmo's Saint Marys market data come from?
Realmo compiles Saint Marys, GA figures from 6 recent recorded sales, 283 active sale listings, 26 active lease listings, 557 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 283 active for-sale and 26 active for-lease listings in Saint Marys, 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.
- 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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
