Commercial Real Estate Market in Murfreesboro, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
202 active listings and 3,705 off-market properties in Murfreesboro, TN. Commercial property asks $230/SF to buy and $28.77/SF/Yr to lease.
Market Trends
Murfreesboro, TN spans 238.5 square miles in Rutherford County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Murfreesboro, 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 Murfreesboro, TN runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
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%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Murfreesboro, 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 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
Single Family Residential
Highway Commercial District
Planned Residential District
Planned Unit District
Single Family Residential
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.
Highway Commercial District (CH)
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.
213,733
Population
87,301
Households
2.4
Avg Household Size
34
Median Age
38%
College-Educated
94%
High-School Grad
238.5 sq mi
ZIP Area
896
Density / Sq Mi
$80,852
Median Household Income
$43,739
Median Earnings
$1,414
Median Rent
$357,938
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Christiana | — | — |
| Rockvale | — | — |
| Lascassas | — | — |
| Readyville | — | — |
Commercial property in Murfreesboro, TN asks $230/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Murfreesboro?
Commercial property in Murfreesboro, TN asks an average of $230 per square foot. The 8 most recent recorded sales traded at a median of $456/SF.
How much does it cost to lease commercial space in Murfreesboro?
Asking lease rates in Murfreesboro, TN average $28.77 per square foot per year.
What zoning applies to commercial property in Murfreesboro?
Murfreesboro, TN zones 37,279 acres across 32 districts, of which 2.8% is commercial and 24.3% industrial. The largest single district is Single Family Residential at 21.7% of zoned land. Residential zoning covers 56.9% and open space 2.8%.
Where does Realmo's Murfreesboro market data come from?
Realmo compiles Murfreesboro, TN figures from 8 recent recorded sales, 153 active sale listings, 49 active lease listings, 3,705 tracked off-market properties, the current Murfreesboro zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 153 active for-sale and 49 active for-lease listings in Murfreesboro, 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: 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 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
