Commercial Real Estate Market in Lakesite, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
102 active listings and 382 off-market properties in Lakesite, TN.
Market Trends
Lakesite, TN spans 106.4 square miles in Hamilton County, Tennessee. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Lakesite, 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 Lakesite, TN asks $149/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 Lakesite, 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 Lakesite, TN asks $148/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 81.8%
- Commercial 18.3%
Largest Zones share of zoned land by district
Single Family Residential
Local Business Commercial Zone
Residential Apartment And Townshouses
Planned Residential Development
Residential Single Wide Trailers And Trailer Parks
Lakesite, TN zones 1,102 acres across 5 districts. Commercial zoning covers 18.3% of zoned land, residential 81.8%. The largest single district is Single Family Residential at 75.5%. For commercial buyers the practical constraint is that only 18.3% of land carries a commercial or industrial designation.
Single Family Residential (R-1)
There shall be no more than one (1) principal building per lot used for residential purposes in the R-1, R-2, and R-5 zones. Area Regulations A. No Yard or Space Counted Twice No yard or other open space required by these regulations shall be considered as providing a yard or other open space of more than one (1) building. 13 B. Setback from Alleys Setbacks…
Market overview
Demographics & Economy
Lakesite, TN has 28,552 residents in 12,089 households. Density runs 268 people per square mile. Median household income here is $85,525 and median gross rent $988 a month.
28,552
Population
12,089
Households
2.4
Avg Household Size
44
Median Age
26%
College-Educated
92%
High-School Grad
106.4 sq mi
ZIP Area
268
Density / Sq Mi
$85,525
Median Household Income
$44,662
Median Earnings
$988
Median Rent
$277,600
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Lakesite?
Commercial property in Lakesite, TN asks an average of $8 per square foot. The 5 most recent recorded sales traded at a median of $119/SF. Retail carries the highest asking price at $149/SF.
What zoning applies to commercial property in Lakesite?
Lakesite, TN zones 1,102 acres across 5 districts, of which 18.3% is commercial and 0% industrial. The largest single district is Single Family Residential at 75.5% of zoned land. There shall be no more than one (1) principal building per lot used for residential purposes in the R-1, R-2, and R-5 zones. Area Regulations A. No Yard or Space Counted Twice No yard or other open space required by these regulations shall be considered as providing a yard or other open space of more than one (1) building. 13 B. Setback from Alleys Setbacks… Residential zoning covers 81.8% and open space 0%.
Where does Realmo's Lakesite market data come from?
Realmo compiles Lakesite, TN figures from 8 recent recorded sales, 102 active sale listings, 382 tracked off-market properties, the current Lakesite zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 October 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 102 active for-sale and 0 active for-lease listings in Lakesite, 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: 1,102 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
