Commercial Real Estate Market in Clarksville, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
270 active listings and 3,055 off-market properties in Clarksville, TN. Commercial property asks $180/SF to buy and $37.93/SF/Yr to lease.
Market Trends
Clarksville, TN spans 258.2 square miles in Montgomery County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Clarksville, 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 Clarksville, TN runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Clarksville, 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 Clarksville, TN 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 64.4%
- Agricultural 12.6%
- Commercial 10.7%
- Industrial 4.2%
- Special 0.7%
- Planned_development 0.5%
- Civic 0.4%
Largest Zones share of zoned land by district
Single Family Residential District
Single Family Residential District
Agricultural District
Fort Campbell Cantonment
Multiple Family Residential District
Clarksville, TN zones 57,124 acres across 36 districts. Commercial zoning covers 10.7% of zoned land, residential 64.4% and industrial 4.2%. The largest single district is Single Family Residential District at 30.6%. For commercial buyers the practical constraint is that only 14.9% of land carries a commercial or industrial designation.
Single Family Residential District (R-1)
R-1 - SINGLE-FAMILY RESIDENTIAL DISTRICT This district is intended to provide for Single-Family Residential areas with relatively low population densities. Additional uses, permitted upon review of the Board of Zoning Appeals, include uses and facilities normally required to provide the basic elements of a balanced and attractive residential area. These area…
Market overview
Demographics & Economy
Clarksville, TN has 196,672 residents in 82,282 households. Density runs 762 people per square mile. Median household income here is $72,924 and median gross rent $1,193 a month.
196,672
Population
82,282
Households
2.4
Avg Household Size
32
Median Age
32%
College-Educated
94%
High-School Grad
258.2 sq mi
ZIP Area
762
Density / Sq Mi
$72,924
Median Household Income
$41,418
Median Earnings
$1,193
Median Rent
$255,467
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Palmyra | — | — |
| Cunningham | — | — |
| Southside | — | — |
| Woodlawn | — | — |
Commercial property in Clarksville, TN asks $180/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Clarksville?
Commercial property in Clarksville, TN asks an average of $180 per square foot. The 6 most recent recorded sales traded at a median of $515/SF.
How much does it cost to lease commercial space in Clarksville?
Asking lease rates in Clarksville, TN average $37.93 per square foot per year.
What zoning applies to commercial property in Clarksville?
Clarksville, TN zones 57,124 acres across 36 districts, of which 10.7% is commercial and 4.2% industrial. The largest single district is Single Family Residential District at 30.6% of zoned land. R-1 - SINGLE-FAMILY RESIDENTIAL DISTRICT This district is intended to provide for Single-Family Residential areas with relatively low population densities. Additional uses, permitted upon review of the Board of Zoning Appeals, include uses and facilities normally required to provide the basic elements of a balanced and attractive residential area. These area… Residential zoning covers 64.4% and open space 0%.
Where does Realmo's Clarksville market data come from?
Realmo compiles Clarksville, TN figures from 7 recent recorded sales, 145 active sale listings, 125 active lease listings, 3,055 tracked off-market properties, the current Clarksville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 145 active for-sale and 125 active for-lease listings in Clarksville, 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: 57,124 zoned acres across 36 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
