Commercial Real Estate Market in Pelahatchie, MS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
17 active listings and 119 off-market properties in Pelahatchie, MS.
Market Trends
Pelahatchie, MS spans 129.6 square miles in Rankin County, Mississippi. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Pelahatchie, MS asks $100/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 Pelahatchie, MS asks $65/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 Pelahatchie, 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 space in Pelahatchie, MS asks $108/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
- Industrial 32.7%
- Residential 31.5%
- Agricultural 18.8%
- Commercial 10.5%
- Civic 0.1%
Largest Zones share of zoned land by district
Limited Industrial District
Single Family Residential District
Agricultural District
General Commercial District
Pelahatchie Lake Special Use District
Pelahatchie, MS zones 4,030 acres across 11 districts. Commercial zoning covers 10.5% of zoned land, residential 31.5% and industrial 32.7%. The largest single district is Limited Industrial District at 32.7%. For commercial buyers the practical constraint is that only 43.2% of land carries a commercial or industrial designation.
Limited Industrial District (I-1)
I-2 All Districts Except I-1 30 6 405.05 Screening Relative to Abutting Properties: In the table above, when a district abuts a use indicated, screening shall be provided as listed. Screening/fencing may consist of architectural and/or vegetative materials as follows: a) Architectural Screening: A screen/fence of wood, masonry, stone, concrete or metal may b…
Market overview
Demographics & Economy
Pelahatchie, MS has 5,163 residents in 2,457 households. Density runs 40 people per square mile. Median household income here is $61,502 and median gross rent $863 a month.
5,163
Population
2,457
Households
2.1
Avg Household Size
41
Median Age
18%
College-Educated
84%
High-School Grad
129.6 sq mi
ZIP Area
40
Density / Sq Mi
$61,502
Median Household Income
$35,970
Median Earnings
$863
Median Rent
$172,200
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
What zoning applies to commercial property in Pelahatchie?
Pelahatchie, MS zones 4,030 acres across 11 districts, of which 10.5% is commercial and 32.7% industrial. The largest single district is Limited Industrial District at 32.7% of zoned land. I-2 All Districts Except I-1 30 6 405.05 Screening Relative to Abutting Properties: In the table above, when a district abuts a use indicated, screening shall be provided as listed. Screening/fencing may consist of architectural and/or vegetative materials as follows: a) Architectural Screening: A screen/fence of wood, masonry, stone, concrete or metal may b… Residential zoning covers 31.5% and open space 0%.
Where does Realmo's Pelahatchie market data come from?
Realmo compiles Pelahatchie, MS figures from 17 active sale listings, 119 tracked off-market properties, the current Pelahatchie zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 17 active for-sale and 0 active for-lease listings in Pelahatchie, 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: 4,030 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
