Commercial Real Estate Market in Lewisburg, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
45 active listings and 826 off-market properties in Lewisburg, TN. Commercial property asks $208/SF to buy and $9.00/SF/Yr to lease.
Market Trends
Lewisburg, TN spans 206.0 square miles in Marshall County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lewisburg, 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 Lewisburg, TN runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Lewisburg, 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 Lewisburg, 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 45.7%
- Commercial 29.5%
- Industrial 18.4%
- Planned_development 6.1%
- Civic 0.3%
Largest Zones share of zoned land by district
Intermediate Business
Low Density Residential
Medium Density Residential
Industrial Park
High Density Residential
Lewisburg, TN zones 8,743 acres across 14 districts. Commercial zoning covers 29.5% of zoned land, residential 45.7% and industrial 18.4%. The largest single district is Intermediate Business at 23.3%. For commercial buyers the practical constraint is that only 47.9% of land carries a commercial or industrial designation.
Intermediate Business (C2)
This district is designed to provide adequate space in appropriate locations for uses which serve the needs of the motoring public. Automobile and other vehicular service establishments, transient sleeping accommodations, and eating and drinking establishments primarily characterize this district. In addition, commercial trade and service uses are permitted…
Market overview
Demographics & Economy
Lewisburg, TN has 22,554 residents in 9,963 households. Density runs 110 people per square mile. Median household income here is $61,887 and median gross rent $885 a month.
22,554
Population
9,963
Households
2.3
Avg Household Size
40
Median Age
21%
College-Educated
88%
High-School Grad
206 sq mi
ZIP Area
110
Density / Sq Mi
$61,887
Median Household Income
$41,418
Median Earnings
$885
Median Rent
$230,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Belfast | — | — |
| Cornersville | — | — |
| Culleoka | — | — |
| Petersburg | — | — |
Commercial property in Lewisburg, TN asks $208/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lewisburg?
Commercial property in Lewisburg, TN asks an average of $208 per square foot. The 8 most recent recorded sales traded at a median of $85/SF, so asking sits 144% above the achieved median.
How much does it cost to lease commercial space in Lewisburg?
Asking lease rates in Lewisburg, TN average $9.00 per square foot per year.
What zoning applies to commercial property in Lewisburg?
Lewisburg, TN zones 8,743 acres across 14 districts, of which 29.5% is commercial and 18.4% industrial. The largest single district is Intermediate Business at 23.3% of zoned land. This district is designed to provide adequate space in appropriate locations for uses which serve the needs of the motoring public. Automobile and other vehicular service establishments, transient sleeping accommodations, and eating and drinking establishments primarily characterize this district. In addition, commercial trade and service uses are permitted… Residential zoning covers 45.7% and open space 0%.
Where does Realmo's Lewisburg market data come from?
Realmo compiles Lewisburg, TN figures from 8 recent recorded sales, 41 active sale listings, 4 active lease listings, 826 tracked off-market properties, the current Lewisburg zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 41 active for-sale and 4 active for-lease listings in Lewisburg, 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: 8,743 zoned acres across 14 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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
