Commercial Real Estate Market in Oak Ridge, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
100 active listings and 798 off-market properties in Oak Ridge, TN. Commercial property asks $137/SF to buy and $15.92/SF/Yr to lease.
Market Trends
Oak Ridge, TN spans 84.8 square miles in Anderson County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Oak Ridge, 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 Oak Ridge, TN runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Oak Ridge, 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 Oak Ridge, TN asks $145/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
Market overview
Demographics & Economy
Oak Ridge, TN has 31,839 residents in 15,110 households. Density runs 375 people per square mile. Median household income here is $70,795 and median gross rent $1,076 a month.
31,839
Population
15,110
Households
2.1
Avg Household Size
42
Median Age
39%
College-Educated
91%
High-School Grad
84.8 sq mi
ZIP Area
375
Density / Sq Mi
$70,795
Median Household Income
$41,293
Median Earnings
$1,076
Median Rent
$234,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Oliver Springs | — | — |
| Coalfield | — | — |
| Clinton | — | — |
| Petros | — | — |
Commercial property in Oak Ridge, TN asks $137/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Oak Ridge?
Commercial property in Oak Ridge, TN asks an average of $137 per square foot. The 8 most recent recorded sales traded at a median of $128/SF, so asking sits 7% above the achieved median. Multifamily carries the highest asking price at $145/SF.
How much does it cost to lease commercial space in Oak Ridge?
Asking lease rates in Oak Ridge, TN average $15.92 per square foot per year.
Where does Realmo's Oak Ridge market data come from?
Realmo compiles Oak Ridge, TN figures from 8 recent recorded sales, 73 active sale listings, 27 active lease listings, 798 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 73 active for-sale and 27 active for-lease listings in Oak Ridge, 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.
- 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
