Commercial Real Estate Market in Lucedale, MS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
103 active listings and 483 off-market properties in Lucedale, MS. Commercial property asks $1/SF to buy and $17.44/SF/Yr to lease.
Market Trends
Lucedale, MS spans 535.2 square miles in George County, Mississippi. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lucedale, MS runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Lucedale, MS runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Lucedale, 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 Lucedale, 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 80.1%
- Commercial 9.5%
- Industrial 8%
- Civic 2.4%
Largest Zones share of zoned land by district
Agricultural
Single Family Residential
Light Industrial
Highway Commercial
Single Family Residential
Lucedale, MS zones 3,713 acres across 11 districts. Commercial zoning covers 9.5% of zoned land, residential 80.1% and industrial 8%. The largest single district is Agricultural at 51.3%. For commercial buyers the practical constraint is that only 17.5% of land carries a commercial or industrial designation.
Agricultural (A)
Uses in Article 3 Parking See Article 3 and Section 4.9 Site Plan or Subdivision Review See Article 9 NOTES: 1 Street frontage is not required for residential and agricultural uses, and for up to two dwellings, provided a dedicated easement of not less than 30 feet in width providing access to a public street has been recorded for the lot. 2 Yard requirement…
Market overview
Demographics & Economy
Lucedale, MS has 28,668 residents in 12,267 households. Density runs 54 people per square mile. Median household income here is $57,300 and median gross rent $867 a month.
28,668
Population
12,267
Households
2.3
Avg Household Size
38
Median Age
18%
College-Educated
89%
High-School Grad
535.2 sq mi
ZIP Area
54
Density / Sq Mi
$57,300
Median Household Income
$41,831
Median Earnings
$867
Median Rent
$166,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Shipman | — | — |
| Vernal | — | — |
| Merrill | — | — |
| Agricola | — | — |
Commercial property in Lucedale, MS asks $1/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lucedale?
Commercial property in Lucedale, MS asks an average of $1 per square foot.
How much does it cost to lease commercial space in Lucedale?
Asking lease rates in Lucedale, MS average $17.44 per square foot per year.
What zoning applies to commercial property in Lucedale?
Lucedale, MS zones 3,713 acres across 11 districts, of which 9.5% is commercial and 8% industrial. The largest single district is Agricultural at 51.3% of zoned land. Uses in Article 3 Parking See Article 3 and Section 4.9 Site Plan or Subdivision Review See Article 9 NOTES: 1 Street frontage is not required for residential and agricultural uses, and for up to two dwellings, provided a dedicated easement of not less than 30 feet in width providing access to a public street has been recorded for the lot. 2 Yard requirement… Residential zoning covers 80.1% and open space 0%.
Where does Realmo's Lucedale market data come from?
Realmo compiles Lucedale, MS figures from 93 active sale listings, 10 active lease listings, 483 tracked off-market properties, the current Lucedale zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 93 active for-sale and 10 active for-lease listings in Lucedale, 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: 3,713 zoned acres across 11 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
