Commercial Real Estate Market in Piperton, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
122 active listings and 663 off-market properties in Piperton, TN.
Market Trends
Piperton, TN spans 82.0 square miles in Shelby County, Tennessee. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Piperton, 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 Piperton, TN runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Piperton, 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 Piperton, TN asks $97/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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 84%
- Open space 8.4%
- Planned_development 4.9%
- Commercial 1.5%
- Industrial 1.1%
Largest Zones share of zoned land by district
Rural Conservation
Conservation Design Overlay
Planned Development Overlay
Low Density Estate Residential
Mixed Use Planned Development
Piperton, TN zones 17,270 acres across 11 districts. Commercial zoning covers 1.5% of zoned land, residential 84%, open space 8.4% and industrial 1.1%. The largest single district is Rural Conservation at 80.3%. For commercial buyers the practical constraint is that only 2.6% of land carries a commercial or industrial designation.
Conservation Design Overlay (CD-O)
CONSERVATION DESIGN OVERLAY DISTRICT CD-O 14.1 Purpose - The purpose of the CD -O District is to encourage the development of residential neighborhoods that set aside substantial open space for permanent conservation and/or public dedication, thereby promoting and protecting the rural character of the City of Piperton. 14.2 Intent -The intent of the CD -O Di…
Market overview
Demographics & Economy
Piperton, TN has 55,114 residents in 20,850 households. Density runs 672 people per square mile. Median household income here is $135,946 and median gross rent $1,489 a month.
55,114
Population
20,850
Households
2.6
Avg Household Size
41
Median Age
60%
College-Educated
96%
High-School Grad
82 sq mi
ZIP Area
672
Density / Sq Mi
$135,946
Median Household Income
$70,857
Median Earnings
$1,489
Median Rent
$469,600
Median Home Value
Tools
Nearby Markets
Commercial property in Piperton, TN asks $414/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Piperton?
Commercial property in Piperton, TN asks an average of $414 per square foot. The 4 most recent recorded sales traded at a median of $233/SF, so asking sits 78% above the achieved median. Multifamily carries the highest asking price at $97/SF.
What zoning applies to commercial property in Piperton?
Piperton, TN zones 17,270 acres across 11 districts, of which 1.5% is commercial and 1.1% industrial. The largest single district is Rural Conservation at 80.3% of zoned land. Residential zoning covers 84% and open space 8.4%.
Where does Realmo's Piperton market data come from?
Realmo compiles Piperton, TN figures from 6 recent recorded sales, 95 active sale listings, 27 active lease listings, 663 tracked off-market properties, the current Piperton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 95 active for-sale and 27 active for-lease listings in Piperton, 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: 17,270 zoned acres across 11 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 30 September 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 30 September 2026 · report a data issue
