Commercial Real Estate Market in Murfreesboro, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
103 active listings and 3,703 off-market properties in Murfreesboro, TN. Commercial property asks $251/SF to buy and $21.51/SF/Yr to lease (based on 8 listings).
Market Trends
Murfreesboro, TN spans 238.5 square miles in Rutherford County, Tennessee. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Murfreesboro, TN runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in Murfreesboro, TN has a median asking sale price of $315/SF (based on 5 listings). Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Murfreesboro, 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 space in Murfreesboro, TN has a median asking sale price of $202/SF (based on 5 listings). Vacancy 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 56.9%
- Industrial 24.3%
- Planned_development 9.5%
- Open space 2.8%
- Commercial 2.8%
- Civic 2.7%
- Mixed use 0.9%
Largest Zones share of zoned land by district
Murfreesboro, TN zones 37,279 acres across 32 districts. Commercial zoning covers 2.8% of zoned land, residential 56.9%, open space 2.8% and industrial 24.3%. The largest single district is Single Family Residential at 21.7%. For commercial buyers the practical constraint is that only 27.1% of land carries a commercial or industrial designation.
CH, HIGHWAY COMMERCIAL DISTRICT. This district is intended to permit the development and continued maintenance of general commercial uses located in a linear fashion along highways and near transportation facilities and industrial areas. The uses permitted in this district, the special uses that may be allowed in this district and the uses for which site pla…
Market overview
Demographics & Economy
Murfreesboro, TN has 213,733 residents in 87,301 households. Density runs 896 people per square mile. Median household income here is $80,852 and median gross rent $1,414 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Murfreesboro?
How much does it cost to lease commercial space in Murfreesboro?
What zoning applies to commercial property in Murfreesboro?
Where does Realmo's Murfreesboro market data come from?
Methodology & data sources
- Asking prices and medians
- There are 47 active for-sale and 56 active for-lease listings in Murfreesboro, TN. The medians are based on 15 of the for-sale and 8 of the for-lease listings, those that state a price or rent per square foot. 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: 37,279 zoned acres across 32 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
