Commercial Real Estate Market in Columbia, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
100 active listings and 1,830 off-market properties in Columbia, TN.
Market Trends
Columbia, TN spans 296.7 square miles in Maury County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Columbia, 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 Columbia, TN runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Columbia, 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 Columbia, 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 54.6%
- Mixed use 18.7%
- Industrial 10.2%
- Planned_development 10%
- Civic 6.5%
Largest Zones share of zoned land by district
Neighborhood Character District
Neighborhood Large Lot Character District
Rural Character District
Planned Unit Development
Special District Light Industrial
Neighborhood Character District (CD-3)
CD-2, CD-3L, CD-3, CD-4, CD-4C, CD-5, PUD-R, General Description Building Size & Massing A medium -sized Building designed as a Single -Family Detached Dwelling having an Edgeyard yard type that may be shared with an Accessory Building in the backyard. This Building type typically incorporates a single Residential unit. Height 2 Stories max Width Not Regulat…
Market overview
Demographics & Economy
Columbia, TN has 63,075 residents in 28,470 households. Density runs 213 people per square mile. Median household income here is $69,467 and median gross rent $1,084 a month.
63,075
Population
28,470
Households
2.2
Avg Household Size
40
Median Age
24%
College-Educated
92%
High-School Grad
296.7 sq mi
ZIP Area
213
Density / Sq Mi
$69,467
Median Household Income
$42,314
Median Earnings
$1,084
Median Rent
$295,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Culleoka | — | — |
| Spring Hill | — | — |
| Mount Pleasant | — | — |
| Williamsport | — | — |
Commercial property in Columbia, TN asks $221/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Columbia?
Commercial property in Columbia, TN asks an average of $221 per square foot. The 7 most recent recorded sales traded at a median of $155/SF, so asking sits 43% above the achieved median.
Where does Realmo's Columbia market data come from?
Realmo compiles Columbia, TN figures from 7 recent recorded sales, 87 active sale listings, 13 active lease listings, 1,830 tracked off-market properties, the current Columbia zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 87 active for-sale and 13 active for-lease listings in Columbia, 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: 20,358 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 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
