Commercial Real Estate Market in Flora, MS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
70 active listings and 164 off-market properties in Flora, MS. Commercial property asks $108/SF to buy and $7.25/SF/Yr to lease.
Market Trends
Flora, MS spans 109.5 square miles in Madison County, Mississippi. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Flora, MS asks $99/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 Flora, MS runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Flora, MS 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 Flora, MS 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 63.9%
- Commercial 19.3%
- Special 8.9%
- Industrial 8%
Largest Zones share of zoned land by district
Single Family Residential
Residential Estate
Highway Commercial
Flora Station
Limited Industrial
Flora, MS zones 1,870 acres across 9 districts. Commercial zoning covers 19.3% of zoned land, residential 63.9% and industrial 8%. The largest single district is Single Family Residential at 37.5%. For commercial buyers the practical constraint is that only 27.3% of land carries a commercial or industrial designation.
Single Family Residential (R-1)
This district permits the development of affordable housing on smaller lots than the R-E or R-1 districts. This district is also intended to prevent the future subdivision of land classified as Moderate Density R- 2 into lots smaller than 9,000 square feet. This district coincides with the “Moderate Density Residential" land use classification on the adopted…
Market overview
Demographics & Economy
Flora, MS has 5,674 residents in 2,874 households. Density runs 52 people per square mile. Median household income here is $64,244 and median gross rent $624 a month.
5,674
Population
2,874
Households
2
Avg Household Size
43
Median Age
36%
College-Educated
93%
High-School Grad
109.5 sq mi
ZIP Area
52
Density / Sq Mi
$64,244
Median Household Income
$46,155
Median Earnings
$624
Median Rent
$268,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Pocahontas | — | — |
| Bentonia | — | — |
| Gluckstadt | — | $15.46 |
| Madison | — | $19.68 |
Commercial property in Flora, MS asks $108/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Flora?
Commercial property in Flora, MS asks an average of $108 per square foot. Office carries the highest asking price at $99/SF.
How much does it cost to lease commercial space in Flora?
Asking lease rates in Flora, MS average $7.25 per square foot per year.
What zoning applies to commercial property in Flora?
Flora, MS zones 1,870 acres across 9 districts, of which 19.3% is commercial and 8% industrial. The largest single district is Single Family Residential at 37.5% of zoned land. This district permits the development of affordable housing on smaller lots than the R-E or R-1 districts. This district is also intended to prevent the future subdivision of land classified as Moderate Density R- 2 into lots smaller than 9,000 square feet. This district coincides with the “Moderate Density Residential" land use classification on the adopted… Residential zoning covers 63.9% and open space 0%.
Where does Realmo's Flora market data come from?
Realmo compiles Flora, MS figures from 67 active sale listings, 3 active lease listings, 164 tracked off-market properties, the current Flora zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 67 active for-sale and 3 active for-lease listings in Flora, MS. 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: 1,870 zoned acres across 9 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
