Commercial Real Estate Market in Athens, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
28 active listings and 995 off-market properties in Athens, TN.
Market Trends
Athens, TN spans 148.9 square miles in McMinn County, Tennessee. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Athens, TN runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Athens, TN runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Athens, TN runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily space in Athens, TN has a median asking sale price of $161/SF (based on 6 listings). Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 56.5%
- Commercial 24.3%
- Industrial 17.7%
Largest Zones share of zoned land by district
Athens, TN zones 8,748 acres across 12 districts. Commercial zoning covers 24.3% of zoned land, residential 56.5% and industrial 17.7%. The largest single district is Medium Density Residential at 28.3%. For commercial buyers the practical constraint is that only 42% of land carries a commercial or industrial designation.
R-1 and R-2 Zones, in addition to those provided for the R-1 and R-2 Zones in 4.03. In other zones, the requirements of Section 4.03 shall apply. C. The Board of Zoning Appeals shall approve only usable areas to be considered as open spaces or recreational areas within the complex. D. No use will be permitted which is not specifically permitted or permitted…
Market overview
Demographics & Economy
Athens, TN has 25,894 residents in 11,460 households. Density runs 174 people per square mile. Median household income here is $60,874 and median gross rent $815 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Etowah | $102 | — |
| Sweetwater | $156 | — |
Commercial property in Athens, TN asks $161/SF. The 2 bordering markets run from $102/SF in Etowah to $156/SF in Sweetwater, and the city sits above their $129/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Athens?
How does Athens compare to nearby markets on price?
What zoning applies to commercial property in Athens?
Where does Realmo's Athens market data come from?
Methodology & data sources
- Asking prices and medians
- There are 22 active for-sale and 6 active for-lease listings in Athens, TN. The sale median is based on 10 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 8,748 zoned acres across 12 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
