Commercial Real Estate Market in Greenback, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
35 active listings and 70 off-market properties in Greenback, TN.
Market Trends
Greenback, TN spans 49.4 square miles in Loudon County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Greenback, 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 Greenback, TN runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Greenback, 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 Greenback, 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
- Agricultural 78%
- Residential 12.3%
- Commercial 4.7%
- Industrial 4.6%
- Civic 0.4%
Largest Zones share of zoned land by district
Agriculture
Low Density Residential
Light Industrial
Central Business
Professional Civic
Agriculture (A-1)
In the A-1, Agriculture-Forestry District, the following uses and their accessory uses are permitted: 1. Agricultural and forestry uses and their accessory structures, as defined in Article 2. 2. Detached singlefamily and twofamily dwellings. 3. Agricultural processing including cotton ginning and compressing, corn shelling, hay baling and threshing services…
Market overview
Demographics & Economy
Greenback, TN has 6,160 residents in 2,989 households. Density runs 125 people per square mile. Median household income here is $87,516 and median gross rent $1,051 a month.
6,160
Population
2,989
Households
2.1
Avg Household Size
47
Median Age
17%
College-Educated
92%
High-School Grad
49.4 sq mi
ZIP Area
125
Density / Sq Mi
$87,516
Median Household Income
$41,955
Median Earnings
$1,051
Median Rent
$270,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Friendsville | — | — |
| Loudon | — | — |
| Lenoir City | — | $15.94 |
| Happy Valley | — | — |
Commercial property in Greenback, TN asks $8/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Greenback?
Commercial property in Greenback, TN asks an average of $8 per square foot. The 5 most recent recorded sales traded at a median of $84/SF.
Where does Realmo's Greenback market data come from?
Realmo compiles Greenback, TN figures from 6 recent recorded sales, 35 active sale listings, 70 tracked off-market properties, the current Greenback zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 35 active for-sale and 0 active for-lease listings in Greenback, 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: 5,065 zoned acres across 6 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
