Commercial Real Estate Market in Decatur, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
123 active listings and 158 off-market properties in Decatur, TN.
Market Trends
Decatur, TN spans 134.8 square miles in Meigs County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Decatur, 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 Decatur, TN runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Decatur, 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 Decatur, 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 84.4%
- Commercial 9.7%
- Industrial 5.9%
Largest Zones share of zoned land by district
Low Density Residential District
High Density Residential District
General Commercial District
Central Business District
General Industrial District
Decatur, TN zones 2,575 acres across 5 districts. Commercial zoning covers 9.7% of zoned land, residential 84.4% and industrial 5.9%. The largest single district is Low Density Residential District at 73.4%. For commercial buyers the practical constraint is that only 15.6% of land carries a commercial or industrial designation.
Low Density Residential District (R-1)
This residential district is intended to be used for single family residential areas with relatively low population densities, additional permitted uses include uses and facilities normally required to provide the basic elements of a balanced and attractive residential area
Market overview
Demographics & Economy
Decatur, TN has 8,855 residents in 3,749 households. Density runs 66 people per square mile. Median household income here is $53,965 and median gross rent $821 a month.
8,855
Population
3,749
Households
2.4
Avg Household Size
45
Median Age
11%
College-Educated
80%
High-School Grad
134.8 sq mi
ZIP Area
66
Density / Sq Mi
$53,965
Median Household Income
$31,549
Median Earnings
$821
Median Rent
$184,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Evensville | — | — |
| Riceville | — | — |
| Athens | — | — |
| Dayton | — | — |
Commercial property in Decatur, TN asks $5/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Decatur?
Commercial property in Decatur, TN asks an average of $5 per square foot. The 5 most recent recorded sales traded at a median of $59/SF.
What zoning applies to commercial property in Decatur?
Decatur, TN zones 2,575 acres across 5 districts, of which 9.7% is commercial and 5.9% industrial. The largest single district is Low Density Residential District at 73.4% of zoned land. This residential district is intended to be used for single family residential areas with relatively low population densities, additional permitted uses include uses and facilities normally required to provide the basic elements of a balanced and attractive residential area Residential zoning covers 84.4% and open space 0%.
Where does Realmo's Decatur market data come from?
Realmo compiles Decatur, TN figures from 8 recent recorded sales, 123 active sale listings, 158 tracked off-market properties, the current Decatur zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 123 active for-sale and 0 active for-lease listings in Decatur, 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: 2,575 zoned acres across 5 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
