Commercial Real Estate Market in Bristol, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
181 active listings and 1,349 off-market properties in Bristol, TN. Commercial property asks $24/SF to buy and $108.21/SF/Yr to lease.
Market Trends
Bristol, TN spans 128.2 square miles in Sullivan County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Bristol, TN asks $121/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 Bristol, TN asks $87/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 Bristol, 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 Bristol, TN asks $132/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 64.3%
- Commercial 25%
- Industrial 10.6%
- Civic 0.2%
Largest Zones share of zoned land by district
Low Density Single Family Residential
General Business
Mountainous Residential
General Industrial
Single Family And Duplex
Bristol, TN zones 21,261 acres across 18 districts. Commercial zoning covers 25% of zoned land, residential 64.3% and industrial 10.6%. The largest single district is Low Density Single Family Residential at 41.3%. For commercial buyers the practical constraint is that only 35.5% of land carries a commercial or industrial designation.
Low Density Single Family Residential (R-1A)
R-1A, R-1B, R-2, R-3, R-4, and R-5 districts, provided that all provisions of this section and Section Z-221 of the Zoning Ordinance have been met. (Ord. No. 09-20, 8-2009; Ord. No. 17-7, 1-2018) Sec. Z-219. - Temporary uses. A. Temporary tent sales of items other than described in B. and C. below shall be only permitted when conducted by and on the premises…
Market overview
Demographics & Economy
Bristol, TN has 38,245 residents in 18,119 households. Density runs 298 people per square mile. Median household income here is $54,908 and median gross rent $809 a month.
38,245
Population
18,119
Households
2.1
Avg Household Size
45
Median Age
26%
College-Educated
90%
High-School Grad
128.2 sq mi
ZIP Area
298
Density / Sq Mi
$54,908
Median Household Income
$36,017
Median Earnings
$809
Median Rent
$175,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Blountville | — | — |
| Bluff City | — | — |
| Mendota | — | — |
| Hiltons | — | — |
Commercial property in Bristol, TN asks $24/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Bristol?
Commercial property in Bristol, TN asks an average of $24 per square foot. The 6 most recent recorded sales traded at a median of $167/SF. Multifamily carries the highest asking price at $132/SF.
How much does it cost to lease commercial space in Bristol?
Asking lease rates in Bristol, TN average $108.21 per square foot per year.
What zoning applies to commercial property in Bristol?
Bristol, TN zones 21,261 acres across 18 districts, of which 25% is commercial and 10.6% industrial. The largest single district is Low Density Single Family Residential at 41.3% of zoned land. R-1A, R-1B, R-2, R-3, R-4, and R-5 districts, provided that all provisions of this section and Section Z-221 of the Zoning Ordinance have been met. (Ord. No. 09-20, 8-2009; Ord. No. 17-7, 1-2018) Sec. Z-219. - Temporary uses. A. Temporary tent sales of items other than described in B. and C. below shall be only permitted when conducted by and on the premises… Residential zoning covers 64.3% and open space 0%.
Where does Realmo's Bristol market data come from?
Realmo compiles Bristol, TN figures from 6 recent recorded sales, 153 active sale listings, 28 active lease listings, 1,349 tracked off-market properties, the current Bristol zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 153 active for-sale and 28 active for-lease listings in Bristol, 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: 21,261 zoned acres across 18 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
