Commercial Real Estate Market in Waycross, GA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
156 active listings and 1,713 off-market properties in Waycross, GA. Commercial property asks $136/SF to buy and $6.95/SF/Yr to lease.
Market Trends
Waycross, GA spans 349.9 square miles in Ware County, Georgia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Waycross, 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 Waycross, GA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Waycross, 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 space in Waycross, GA asks $107/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 54%
- Commercial 20.4%
- Industrial 19.2%
- Civic 5.3%
- Mixed use 0.7%
- Open space 0.5%
Largest Zones share of zoned land by district
Highway Commercial
Residential
Residential
Residential
Light Industrial
Waycross, GA zones 7,482 acres across 18 districts. Commercial zoning covers 20.4% of zoned land, residential 54%, open space 0.5% and industrial 19.2%. The largest single district is Highway Commercial at 17.3%. For commercial buyers the practical constraint is that only 39.6% of land carries a commercial or industrial designation.
Highway Commercial (C2)
SECTION 707 C-2 HIGHWAY COMMERCIAL 707.1 - INTENT OF DISTRICT The C-2 Highway Commercial District is established as a district to contain as principal uses those commercial and service activities which will serve the tourist and automobile drive-in trade. The specific intentions of the regulatory provisions as applied to this district are to: (a) Encourage t…
Market overview
Demographics & Economy
Waycross, GA has 36,392 residents in 15,876 households. Density runs 104 people per square mile. Median household income here is $48,162 and median gross rent $796 a month.
36,392
Population
15,876
Households
2.3
Avg Household Size
40
Median Age
14%
College-Educated
81%
High-School Grad
349.9 sq mi
ZIP Area
104
Density / Sq Mi
$48,162
Median Household Income
$32,369
Median Earnings
$796
Median Rent
$104,976
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Waresboro | — | — |
| Blackshear | — | — |
| Jot Em Down Store | — | — |
| Hoboken | — | — |
Commercial property in Waycross, GA asks $136/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Waycross?
Commercial property in Waycross, GA asks an average of $136 per square foot. The 5 most recent recorded sales traded at a median of $79/SF, so asking sits 71% above the achieved median. Multifamily carries the highest asking price at $107/SF.
How much does it cost to lease commercial space in Waycross?
Asking lease rates in Waycross, GA average $6.95 per square foot per year.
What zoning applies to commercial property in Waycross?
Waycross, GA zones 7,482 acres across 18 districts, of which 20.4% is commercial and 19.2% industrial. The largest single district is Highway Commercial at 17.3% of zoned land. SECTION 707 C-2 HIGHWAY COMMERCIAL 707.1 - INTENT OF DISTRICT The C-2 Highway Commercial District is established as a district to contain as principal uses those commercial and service activities which will serve the tourist and automobile drive-in trade. The specific intentions of the regulatory provisions as applied to this district are to: (a) Encourage t… Residential zoning covers 54% and open space 0.5%.
Where does Realmo's Waycross market data come from?
Realmo compiles Waycross, GA figures from 5 recent recorded sales, 135 active sale listings, 21 active lease listings, 1,713 tracked off-market properties, the current Waycross zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 135 active for-sale and 21 active for-lease listings in Waycross, 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: 7,482 zoned acres across 18 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
