Commercial Real Estate Market in Gainesville, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
60 active listings and 1,252 off-market properties in Gainesville, TX. Commercial property asks $165/SF to buy and $13.37/SF/Yr to lease (based on 5 listings).
Market Trends
Gainesville, TX spans 369.7 square miles in Cooke County, Texas. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Gainesville, TX has a median asking sale price of $164/SF (based on 5 listings). Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Gainesville, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Gainesville, TX runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily space in Gainesville, TX has a median asking sale price of $164/SF (based on 3 listings). Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 34.4%
- Industrial 27.6%
- Commercial 25.7%
- Agricultural 11%
- Planned_development 1.4%
Largest Zones share of zoned land by district
Gainesville, TX zones 12,618 acres across 11 districts. Commercial zoning covers 25.7% of zoned land, residential 34.4% and industrial 27.6%. The largest single district is Single Family District at 31.2%. For commercial buyers the practical constraint is that only 53.3% of land carries a commercial or industrial designation.
Structures located in Single-Family One (SF1), Single-Family Two (SF2) and Multi-Family One (MF1) that are legal nonconforming because of the masonry veneer requirements may replace the structure's veneer with the same product (except asbestos material) as long as the structure has not been destroyed by any means to an extent of more than fifty (50) percent…
Market overview
Demographics & Economy
Gainesville, TX has 28,354 residents in 12,414 households. Density runs 77 people per square mile. Median household income here is $67,056 and median gross rent $1,105 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Gainesville?
How much does it cost to lease commercial space in Gainesville?
What zoning applies to commercial property in Gainesville?
Where does Realmo's Gainesville market data come from?
Methodology & data sources
- Asking prices and medians
- There are 29 active for-sale and 31 active for-lease listings in Gainesville, TX. The medians are based on 12 of the for-sale and 5 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 12,618 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 31 October 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 October 2026 · How Realmo checks market page data · Report a data issue
