Commercial Real Estate Market in Smithville, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
75 active listings and 398 off-market properties in Smithville, TN.
Market Trends
Smithville, TN spans 154.6 square miles in DeKalb County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Smithville, 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 Smithville, TN runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Smithville, 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 Smithville, 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 61.7%
- Commercial 14.9%
- Industrial 14.8%
- Civic 8.5%
Largest Zones share of zoned land by district
Low Density Residential
Local Commercial
Light Industrial
High Density Residential
Central Business
Smithville, TN zones 3,797 acres across 5 districts. Commercial zoning covers 14.9% of zoned land, residential 61.7% and industrial 14.8%. The largest single district is Low Density Residential at 61.7%. For commercial buyers the practical constraint is that only 29.8% of land carries a commercial or industrial designation.
High Density Residential (R-2)
Residential R-2 Districts (High Density) Section 11-206 Commercial C-1 Districts (Local) Section 11-208 Commercial C-2 Districts (Central Business District) Section 11-209 Commercial C-3 Districts (General) Section 11-210 Industrial I-1 Districts (Light) Section 11-212 Industrial I-2 Districts (Heavy) Section 11-213 (Overlay) Floodway F-1 Districts Section 1…
Market overview
Demographics & Economy
Smithville, TN has 14,379 residents in 7,199 households. Density runs 93 people per square mile. Median household income here is $46,713 and median gross rent $768 a month.
14,379
Population
7,199
Households
2
Avg Household Size
42
Median Age
18%
College-Educated
81%
High-School Grad
154.6 sq mi
ZIP Area
93
Density / Sq Mi
$46,713
Median Household Income
$35,640
Median Earnings
$768
Median Rent
$183,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Summitville | — | — |
| Dowelltown | — | — |
| Silver Point | — | — |
| Gassaway | — | — |
Commercial property in Smithville, TN asks $423/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Smithville?
Commercial property in Smithville, TN asks an average of $423 per square foot. The 6 most recent recorded sales traded at a median of $238/SF, so asking sits 78% above the achieved median.
What zoning applies to commercial property in Smithville?
Smithville, TN zones 3,797 acres across 5 districts, of which 14.9% is commercial and 14.8% industrial. The largest single district is Low Density Residential at 61.7% of zoned land. Residential zoning covers 61.7% and open space 0%.
Where does Realmo's Smithville market data come from?
Realmo compiles Smithville, TN figures from 6 recent recorded sales, 72 active sale listings, 3 active lease listings, 398 tracked off-market properties, the current Smithville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 72 active for-sale and 3 active for-lease listings in Smithville, 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: 3,797 zoned acres across 5 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
