Commercial Real Estate Market in Greenville, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
497 active listings and 1,399 off-market properties in Greenville, TX. Commercial property asks $32/SF to buy and $19.89/SF/Yr to lease.
Market Trends
Greenville, TX spans 198.9 square miles in Hunt County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Greenville, 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 Greenville, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Greenville, 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 Greenville, TX asks $129/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 32.4%
- Agricultural 30.5%
- Industrial 22.7%
- Commercial 11.4%
- Planned_development 2.9%
- Mixed use 0.1%
Largest Zones share of zoned land by district
Agricultural District
Light Industrial District
Single Family Medium Lot District
Single Family Small Lot District
Commercial District
Single Family Small Lot District (SF-3)
SF-3, SF-4, PH, SF-A), buildings may be erected to exceed the height limitation, provided that two (2) additional feet shall be added to the required side and rear Zoning Ordinance v Article V : Site Development Standards APPROVED MAY 27 , 2008 - Page 54 City of Greenville, Texas yard setbacks for each foot that such structures exceed the height limitation o…
Market overview
Demographics & Economy
Greenville, TX has 38,533 residents in 17,091 households. Density runs 194 people per square mile. Median household income here is $67,319 and median gross rent $1,284 a month.
38,533
Population
17,091
Households
2.3
Avg Household Size
37
Median Age
23%
College-Educated
87%
High-School Grad
198.9 sq mi
ZIP Area
194
Density / Sq Mi
$67,319
Median Household Income
$39,566
Median Earnings
$1,284
Median Rent
$207,142
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Floyd | — | — |
| Caddo Mills | — | — |
| Campbell | — | — |
| Merit | — | — |
Commercial property in Greenville, TX asks $32/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Greenville?
Commercial property in Greenville, TX asks an average of $32 per square foot. Multifamily carries the highest asking price at $129/SF.
How much does it cost to lease commercial space in Greenville?
Asking lease rates in Greenville, TX average $19.89 per square foot per year.
Where does Realmo's Greenville market data come from?
Realmo compiles Greenville, TX figures from 427 active sale listings, 70 active lease listings, 1,399 tracked off-market properties, the current Greenville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 427 active for-sale and 70 active for-lease listings in Greenville, 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: 19,048 zoned acres across 19 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
