Commercial Real Estate Market in Graysville, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
11 active listings and 49 off-market properties in Graysville, TN.
Market Trends
Graysville, TN spans 72.4 square miles in Rhea County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Graysville, 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 Graysville, TN asks $315/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 Graysville, 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 Graysville, TN asks $172/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 88.7%
- Commercial 8%
- Mixed use 3.3%
Largest Zones share of zoned land by district
Low Density Residential
Agricultural
High Density Residential
General Commercial
Medium Density Residential
Graysville, TN zones 749 acres across 7 districts. Commercial zoning covers 8% of zoned land, residential 88.7%. The largest single district is Low Density Residential at 38.8%. For commercial buyers the practical constraint is that only 8% of land carries a commercial or industrial designation.
Low Density Residential (R-1)
This residential district is intended to have relatively low population densities and to be used for single-family residences. Additional permitted uses include uses and facilities normally required to provide the basic elements of a balanced and attractive residential area. These areas are intended to be defined and protected from the encroachment of uses n…
Market overview
Demographics & Economy
Graysville, TN has 3,328 residents in 1,315 households. Density runs 46 people per square mile. Median household income here is $38,111 and median gross rent $750 a month.
3,328
Population
1,315
Households
2.5
Avg Household Size
44
Median Age
12%
College-Educated
79%
High-School Grad
72.4 sq mi
ZIP Area
46
Density / Sq Mi
$38,111
Median Household Income
$33,538
Median Earnings
$750
Median Rent
$121,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bakewell | — | — |
| Dayton | — | — |
| Birchwood | — | — |
| Evensville | — | — |
Commercial property in Graysville, TN asks $7/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Graysville?
Commercial property in Graysville, TN asks an average of $7 per square foot. Retail carries the highest asking price at $315/SF.
What zoning applies to commercial property in Graysville?
Graysville, TN zones 749 acres across 7 districts, of which 8% is commercial and 0% industrial. The largest single district is Low Density Residential at 38.8% of zoned land. This residential district is intended to have relatively low population densities and to be used for single-family residences. Additional permitted uses include uses and facilities normally required to provide the basic elements of a balanced and attractive residential area. These areas are intended to be defined and protected from the encroachment of uses n… Residential zoning covers 88.7% and open space 0%.
Where does Realmo's Graysville market data come from?
Realmo compiles Graysville, TN figures from 2 recent recorded sales, 11 active sale listings, 49 tracked off-market properties, the current Graysville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 11 active for-sale and 0 active for-lease listings in Graysville, 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: 749 zoned acres across 7 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
