Commercial Real Estate Market in Arlington, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
119 active listings and 414 off-market properties in Arlington, TN. Commercial property asks $41/SF to buy and $15.55/SF/Yr to lease.
Market Trends
Arlington, TN spans 116.3 square miles in Shelby County, Tennessee. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Arlington, 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 Arlington, TN runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Arlington, 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 space in Arlington, TN asks $97/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
- Residential 68.2%
- Planned_development 24.8%
- Industrial 4.8%
- Commercial 2.2%
Largest Zones share of zoned land by district
Estate Residential District
Mixed Use Planned Development
Low Density Residential District
Low Density Residential District Planned Development Overlay
Light Industrial District
Arlington, TN zones 12,048 acres across 19 districts. Commercial zoning covers 2.2% of zoned land, residential 68.2% and industrial 4.8%. The largest single district is Estate Residential District at 54.7%. For commercial buyers the practical constraint is that only 7% of land carries a commercial or industrial designation.
Estate Residential District (E)
The intent of the E, Estate Residential District, is to provide suitable areas for single-family residential development free from conflicting residential uses with the purpose of maintaining the rural atmosphere of the outlying areas of the Town. This area does not require extensive municipal services.
Market overview
Demographics & Economy
Arlington, TN has 44,385 residents in 15,448 households. Density runs 382 people per square mile. Median household income here is $115,478 and median gross rent $1,695 a month.
44,385
Population
15,448
Households
2.9
Avg Household Size
38
Median Age
47%
College-Educated
97%
High-School Grad
116.3 sq mi
ZIP Area
382
Density / Sq Mi
$115,478
Median Household Income
$56,917
Median Earnings
$1,695
Median Rent
$363,000
Median Home Value
Tools
Nearby Markets
Commercial property in Arlington, TN asks $41/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Arlington?
Commercial property in Arlington, TN asks an average of $41 per square foot. The 4 most recent recorded sales traded at a median of $128/SF. Multifamily carries the highest asking price at $97/SF.
How much does it cost to lease commercial space in Arlington?
Asking lease rates in Arlington, TN average $15.55 per square foot per year.
What zoning applies to commercial property in Arlington?
Arlington, TN zones 12,048 acres across 19 districts, of which 2.2% is commercial and 4.8% industrial. The largest single district is Estate Residential District at 54.7% of zoned land. The intent of the E, Estate Residential District, is to provide suitable areas for single-family residential development free from conflicting residential uses with the purpose of maintaining the rural atmosphere of the outlying areas of the Town. This area does not require extensive municipal services. Residential zoning covers 68.2% and open space 0%.
Where does Realmo's Arlington market data come from?
Realmo compiles Arlington, TN figures from 7 recent recorded sales, 101 active sale listings, 18 active lease listings, 414 tracked off-market properties, the current Arlington zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 101 active for-sale and 18 active for-lease listings in Arlington, 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.
- Zoning and land use
- The current municipal zoning release: 12,048 zoned acres across 19 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 30 September 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 30 September 2026 · How Realmo checks market page data · Report a data issue
