Commercial Real Estate Market in Ardmore, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
15 active listings and 162 off-market properties in Ardmore, TN. Commercial property asks $50/SF to buy and $7.25/SF/Yr to lease.
Market Trends
Ardmore, TN spans 58.6 square miles in Giles County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Ardmore, TN runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Ardmore, TN runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Ardmore, TN 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 Ardmore, TN runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Ardmore, TN has 3,001 residents in 1,539 households. Density runs 51 people per square mile. Median household income here is $65,671 and median gross rent $1,022 a month.
3,001
Population
1,539
Households
1.9
Avg Household Size
46
Median Age
23%
College-Educated
84%
High-School Grad
58.6 sq mi
ZIP Area
51
Density / Sq Mi
$65,671
Median Household Income
$41,250
Median Earnings
$1,022
Median Rent
$219,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Elkton | — | — |
| Taft | — | — |
| Prospect | — | — |
| Elkmont | — | — |
Commercial property in Ardmore, TN asks $50/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Ardmore?
Commercial property in Ardmore, TN asks an average of $50 per square foot. The 8 most recent recorded sales traded at a median of $65/SF.
How much does it cost to lease commercial space in Ardmore?
Asking lease rates in Ardmore, TN average $7.25 per square foot per year.
Where does Realmo's Ardmore market data come from?
Realmo compiles Ardmore, TN figures from 8 recent recorded sales, 12 active sale listings, 3 active lease listings, 162 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 12 active for-sale and 3 active for-lease listings in Ardmore, TN. 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 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
