Commercial Real Estate Market in Etowah, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
40 active listings and 258 off-market properties in Etowah, TN. Commercial property asks $31/SF to buy and $13.17/SF/Yr to lease.
Market Trends
Etowah, TN spans 39.4 square miles in McMinn County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Etowah, TN runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail space in Etowah, TN asks $78/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 Etowah, 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 Etowah, TN asks $127/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 64.4%
- Industrial 18.9%
- Commercial 15.2%
Largest Zones share of zoned land by district
Low Density Residential
Medium Density Residential
Highway Business
Heavy Industrial
Light Industrial
Etowah, TN zones 1,813 acres across 10 districts. Commercial zoning covers 15.2% of zoned land, residential 64.4% and industrial 18.9%. The largest single district is Low Density Residential at 34.7%. For commercial buyers the practical constraint is that only 34.1% of land carries a commercial or industrial designation.
Low Density Residential (R-1)
R-1 Low Density Residential R-2 Medium Density Residential R-3 High Density Residential MH Mobile Home C-1 Central Business C-2 Highway Business I-1 Light Industrial I-2 Heavy Industrial AG Agricultural MD Medical FL Flood Hazard 3.02. ZONING DISTRICT MAP. The location and boundarie s of the zoning districts established by this Ordinance are bounded and defi…
Market overview
Demographics & Economy
Etowah, TN has 7,792 residents in 3,721 households. Density runs 198 people per square mile. Median household income here is $56,484 and median gross rent $837 a month.
7,792
Population
3,721
Households
2.1
Avg Household Size
44
Median Age
19%
College-Educated
87%
High-School Grad
39.4 sq mi
ZIP Area
198
Density / Sq Mi
$56,484
Median Household Income
$35,362
Median Earnings
$837
Median Rent
$171,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Delano | — | — |
| Englewood | — | — |
| Athens | — | — |
| Riceville | — | — |
Commercial property in Etowah, TN asks $31/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Etowah?
Commercial property in Etowah, TN asks an average of $31 per square foot. The 8 most recent recorded sales traded at a median of $50/SF. Multifamily carries the highest asking price at $127/SF.
How much does it cost to lease commercial space in Etowah?
Asking lease rates in Etowah, TN average $13.17 per square foot per year.
What zoning applies to commercial property in Etowah?
Etowah, TN zones 1,813 acres across 10 districts, of which 15.2% is commercial and 18.9% industrial. The largest single district is Low Density Residential at 34.7% of zoned land. R-1 Low Density Residential R-2 Medium Density Residential R-3 High Density Residential MH Mobile Home C-1 Central Business C-2 Highway Business I-1 Light Industrial I-2 Heavy Industrial AG Agricultural MD Medical FL Flood Hazard 3.02. ZONING DISTRICT MAP. The location and boundarie s of the zoning districts established by this Ordinance are bounded and defi… Residential zoning covers 64.4% and open space 0%.
Where does Realmo's Etowah market data come from?
Realmo compiles Etowah, TN figures from 8 recent recorded sales, 38 active sale listings, 2 active lease listings, 258 tracked off-market properties, the current Etowah zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 38 active for-sale and 2 active for-lease listings in Etowah, 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: 1,813 zoned acres across 10 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
