Commercial Real Estate Market in Piney Flats, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
47 active listings and 237 off-market properties in Piney Flats, TN. Commercial property asks $2/SF to buy and $62.25/SF/Yr to lease.
Market Trends
Piney Flats, TN spans 29.5 square miles in Sullivan County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Piney Flats, TN asks $121/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Piney Flats, TN asks $87/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Piney Flats, 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 Piney Flats, TN asks $132/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
Piney Flats, TN has 8,207 residents in 3,790 households. Density runs 279 people per square mile. Median household income here is $84,894 and median gross rent $1,117 a month.
8,207
Population
3,790
Households
2.2
Avg Household Size
46
Median Age
36%
College-Educated
92%
High-School Grad
29.5 sq mi
ZIP Area
279
Density / Sq Mi
$84,894
Median Household Income
$42,929
Median Earnings
$1,117
Median Rent
$306,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Watauga | — | — |
| Bluff City | — | — |
| Elizabethton | — | $51.56 |
| Johnson City | — | $19.78 |
Commercial property in Piney Flats, TN asks $2/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Piney Flats?
Commercial property in Piney Flats, TN asks an average of $2 per square foot. Multifamily carries the highest asking price at $132/SF.
How much does it cost to lease commercial space in Piney Flats?
Asking lease rates in Piney Flats, TN average $62.25 per square foot per year.
Where does Realmo's Piney Flats market data come from?
Realmo compiles Piney Flats, TN figures from 6 recent recorded sales, 44 active sale listings, 3 active lease listings, 237 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 44 active for-sale and 3 active for-lease listings in Piney Flats, 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
