Commercial Real Estate Market in Parsons, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
29 active listings and 347 off-market properties in Parsons, TN.
Market Trends
Parsons, TN spans 86.3 square miles in Decatur County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Parsons, 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 Parsons, TN runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Parsons, 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 Parsons, 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 66.7%
- Industrial 17%
- Commercial 14.4%
- Open space 2%
Largest Zones share of zoned land by district
Low Density Residential
Medium Density Residential
Industrial
General Business
Recreation Open Space
Parsons, TN zones 2,588 acres across 6 districts. Commercial zoning covers 14.4% of zoned land, residential 66.7%, open space 2% and industrial 17%. The largest single district is Low Density Residential at 46.2%. For commercial buyers the practical constraint is that only 31.3% of land carries a commercial or industrial designation.
Low Density Residential (R-1)
A. R-1 (Low Density Residential) Districts. B. R-2 (Medium Density Residential) Districts. Section A. R-1 (Low Density Residential) Districts. Within the R-1 (Low Density Residential) Districts, as shown on the zoning map of Parsons, Tennessee, the following regulations shall apply: 1. Uses Permitted (a) Single family and two family dwellings, excluding mobi…
Market overview
Demographics & Economy
Parsons, TN has 5,406 residents in 2,839 households. Density runs 63 people per square mile. Median household income here is $42,955 and median gross rent $720 a month.
5,406
Population
2,839
Households
1.9
Avg Household Size
46
Median Age
12%
College-Educated
80%
High-School Grad
86.3 sq mi
ZIP Area
63
Density / Sq Mi
$42,955
Median Household Income
$36,102
Median Earnings
$720
Median Rent
$105,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Decaturville | — | — |
| Darden | — | — |
| Sugar Tree | — | — |
| Scotts Hill | — | — |
Commercial property in Parsons, TN asks $2/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Parsons?
Commercial property in Parsons, TN asks an average of $2 per square foot. The 5 most recent recorded sales traded at a median of $126/SF.
What zoning applies to commercial property in Parsons?
Parsons, TN zones 2,588 acres across 6 districts, of which 14.4% is commercial and 17% industrial. The largest single district is Low Density Residential at 46.2% of zoned land. A. R-1 (Low Density Residential) Districts. B. R-2 (Medium Density Residential) Districts. Section A. R-1 (Low Density Residential) Districts. Within the R-1 (Low Density Residential) Districts, as shown on the zoning map of Parsons, Tennessee, the following regulations shall apply: 1. Uses Permitted (a) Single family and two family dwellings, excluding mobi… Residential zoning covers 66.7% and open space 2%.
Where does Realmo's Parsons market data come from?
Realmo compiles Parsons, TN figures from 7 recent recorded sales, 29 active sale listings, 347 tracked off-market properties, the current Parsons zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 29 active for-sale and 0 active for-lease listings in Parsons, 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: 2,588 zoned acres across 6 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
