Commercial Real Estate Market in Grapevine, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
161 active listings and 1,026 off-market properties in Grapevine, TX. Commercial property asks $98/SF to buy and $38.39/SF/Yr to lease.
Market Trends
Grapevine, TX spans 44.9 square miles in Tarrant County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Grapevine, TX runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Grapevine, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Grapevine, TX 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 Grapevine, TX asks $211/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
- Special 38.3%
- Residential 26.4%
- Civic 15.2%
- Commercial 12.2%
- Industrial 5.7%
- Mixed use 1.4%
- Open space 0.5%
- Planned_development 0.1%
Largest Zones share of zoned land by district
Dallas Fort Worth International Airport
Single Family District
Governmental Use District
Community Commercial District
Light Industrial District
Single Family District (R-7.5)
R-7.5, Single-Family Residential District. A zone designed to accommodate single-family development on lots that are a minimum of 7,500 square feet in area, at a density of not more than four (4) dwelling units per gross acre.
Market overview
Demographics & Economy
Grapevine, TX has 81,893 residents in 32,415 households. Density runs 1,822 people per square mile. Median household income here is $165,304 and median gross rent $2,467 a month.
81,893
Population
32,415
Households
2.5
Avg Household Size
40
Median Age
64%
College-Educated
96%
High-School Grad
44.9 sq mi
ZIP Area
1,822
Density / Sq Mi
$165,304
Median Household Income
$85,832
Median Earnings
$2,467
Median Rent
$658,191
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Southlake | — | $24.71 |
| Euless | — | $17.56 |
| Coppell | — | $19.67 |
| Colleyville | — | — |
Commercial property in Grapevine, TX asks $98/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Grapevine?
Commercial property in Grapevine, TX asks an average of $98 per square foot. Multifamily carries the highest asking price at $211/SF.
How much does it cost to lease commercial space in Grapevine?
Asking lease rates in Grapevine, TX average $38.39 per square foot per year.
Where does Realmo's Grapevine market data come from?
Realmo compiles Grapevine, TX figures from 53 active sale listings, 108 active lease listings, 1,026 tracked off-market properties, the current Grapevine zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 53 active for-sale and 108 active for-lease listings in Grapevine, TX. 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: 20,571 zoned acres across 30 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
