Commercial Real Estate Market in Senatobia, MS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
44 active listings and 287 off-market properties in Senatobia, MS. Commercial property asks $230/SF to buy and $15.36/SF/Yr to lease.
Market Trends
Senatobia, MS spans 160.3 square miles in Tate County, Mississippi. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Senatobia, 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 Senatobia, MS runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Senatobia, 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 Senatobia, 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 67.5%
- Industrial 19.7%
- Commercial 7.4%
- Civic 3.9%
- Planned_development 1.7%
Largest Zones share of zoned land by district
Residential Estate Large Lot
Light Industrial
Single Family Detached
Single Family Detached
General Commercial
Senatobia, MS zones 8,977 acres across 14 districts. Commercial zoning covers 7.4% of zoned land, residential 67.5% and industrial 19.7%. The largest single district is Residential Estate Large Lot at 33.7%. For commercial buyers the practical constraint is that only 27% of land carries a commercial or industrial designation.
Light Industrial (M-1)
ARTICLE XX-MANUFACTURING (M-1) ZONING DISTRICT (LIGHT INDUSTRY) SECTION 2000-PURPOSE OF THIS DISTRICT The purpose of this district is to provide areas for the exclusive development of limited manufacturing and industrial uses within enclosed structures. It is the intent of this Ordinance that M-1 land uses be compatible with abutting districts, such as comme…
Market overview
Demographics & Economy
Senatobia, MS has 14,482 residents in 5,301 households. Density runs 90 people per square mile. Median household income here is $67,675 and median gross rent $872 a month.
14,482
Population
5,301
Households
2.7
Avg Household Size
35
Median Age
31%
College-Educated
91%
High-School Grad
160.3 sq mi
ZIP Area
90
Density / Sq Mi
$67,675
Median Household Income
$35,671
Median Earnings
$872
Median Rent
$222,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Sarah | — | — |
| Strayhorn | — | — |
| Buxton | — | — |
| Askew | — | — |
Commercial property in Senatobia, MS asks $230/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Senatobia?
Commercial property in Senatobia, MS asks an average of $230 per square foot.
How much does it cost to lease commercial space in Senatobia?
Asking lease rates in Senatobia, MS average $15.36 per square foot per year.
What zoning applies to commercial property in Senatobia?
Senatobia, MS zones 8,977 acres across 14 districts, of which 7.4% is commercial and 19.7% industrial. The largest single district is Residential Estate Large Lot at 33.7% of zoned land. Residential zoning covers 67.5% and open space 0%.
Where does Realmo's Senatobia market data come from?
Realmo compiles Senatobia, MS figures from 42 active sale listings, 2 active lease listings, 287 tracked off-market properties, the current Senatobia zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 42 active for-sale and 2 active for-lease listings in Senatobia, 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: 8,977 zoned acres across 14 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
