Commercial Real Estate Market in Martin, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
17 active listings and 480 off-market properties in Martin, TN.
Market Trends
Martin, TN spans 138.1 square miles in Weakley County, Tennessee. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Martin, TN runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in Martin, TN has a median asking sale price of $99/SF (based on 5 listings). Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Martin, TN runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Martin, TN runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 70.5%
- Industrial 10.3%
- Civic 10.2%
- Commercial 8.1%
- Planned_development 0.9%
Largest Zones share of zoned land by district
Martin, TN zones 8,109 acres across 13 districts. Commercial zoning covers 8.1% of zoned land, residential 70.5% and industrial 10.3%. The largest single district is Low Density Residential at 59.3%. For commercial buyers the practical constraint is that only 18.5% of land carries a commercial or industrial designation.
Section A. R-1 (Low Density Residential) District Within the R-1 (Low Density Residential) Di strict, as shown on the Zoning Map of Martin, Tennessee, the following regulations shall apply: 1. Uses Permitted (a) Single-family dwellings. (b) Manufactured residential dwellings as define d in Article 9 and subject to the provisions of Article 3, Section L of th…
Market overview
Demographics & Economy
Martin, TN has 15,826 residents in 6,754 households. Density runs 115 people per square mile. Median household income here is $49,301 and median gross rent $808 a month.
Tools
Nearby Markets
Commercial property in Martin, TN asks $99/SF. The 2 bordering markets run from $109/SF in Dresden to $166/SF in Gleason, and the city sits below their $138/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Martin?
How does Martin compare to nearby markets on price?
What zoning applies to commercial property in Martin?
Where does Realmo's Martin market data come from?
Methodology & data sources
- Asking prices and medians
- There are 15 active for-sale and 2 active for-lease listings in Martin, TN. The sale median is based on 9 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 8,109 zoned acres across 13 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
