Commercial Real Estate Market in Greenwel Spgs, LA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
25 active listings and 154 off-market properties in Greenwel Spgs, LA. Commercial property asks $4/SF to buy and $11.56/SF/Yr to lease.
Market Trends
Greenwel Spgs, LA spans 47.4 square miles in East Baton Rouge County, Louisiana. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Greenwel Spgs, LA asks $112/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 space in Greenwel Spgs, LA asks $110/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Greenwel Spgs, LA 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 Greenwel Spgs, LA asks $87/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
Market overview
Demographics & Economy
Greenwel Spgs, LA has 12,890 residents in 5,211 households. Density runs 272 people per square mile. Median household income here is $105,969 and median gross rent $1,403 a month.
12,890
Population
5,211
Households
2.5
Avg Household Size
40
Median Age
29%
College-Educated
96%
High-School Grad
47.4 sq mi
ZIP Area
272
Density / Sq Mi
$105,969
Median Household Income
$56,478
Median Earnings
$1,403
Median Rent
$295,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Greenwell Springs | — | — |
| Denham Springs | — | $15.74 |
Commercial property in Greenwel Spgs, LA asks $4/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Greenwel Spgs?
Commercial property in Greenwel Spgs, LA asks an average of $4 per square foot. The 4 most recent recorded sales traded at a median of $136/SF. Office carries the highest asking price at $112/SF.
How much does it cost to lease commercial space in Greenwel Spgs?
Asking lease rates in Greenwel Spgs, LA average $11.56 per square foot per year.
Where does Realmo's Greenwel Spgs market data come from?
Realmo compiles Greenwel Spgs, LA figures from 4 recent recorded sales, 23 active sale listings, 2 active lease listings, 154 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 23 active for-sale and 2 active for-lease listings in Greenwel Spgs, LA. 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 30 September 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 30 September 2026 · How Realmo checks market page data · Report a data issue
