Commercial Real Estate Market in Groves, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
18 active listings and 371 off-market properties in Groves, TX. Commercial property asks $130/SF to buy and $8.82/SF/Yr to lease.
Market Trends
Groves, TX spans 5.4 square miles in Jefferson County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Groves, 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 Groves, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Groves, 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 vacancy in Groves, TX 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 72.4%
- Commercial 26.8%
Largest Zones share of zoned land by district
Single Family Residence District
One And Two Family Residential District
General Light Commercial District
Retail Business District
General Heavy Commercial
Groves, TX zones 3,335 acres across 7 districts. Commercial zoning covers 26.8% of zoned land, residential 72.4%. The largest single district is Single Family Residence District at 37.6%. For commercial buyers the practical constraint is that only 26.8% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Groves, TX has 17,349 residents in 6,885 households. Density runs 3,188 people per square mile. Median household income here is $70,485 and median gross rent $1,247 a month.
17,349
Population
6,885
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
87%
High-School Grad
5.4 sq mi
ZIP Area
3,188
Density / Sq Mi
$70,485
Median Household Income
$43,314
Median Earnings
$1,247
Median Rent
$153,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Steeltown | — | — |
| Port Neches | — | — |
| Nederland | — | — |
| Port Arthur | — | — |
Commercial property in Groves, TX asks $130/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Groves?
Commercial property in Groves, TX asks an average of $130 per square foot.
How much does it cost to lease commercial space in Groves?
Asking lease rates in Groves, TX average $8.82 per square foot per year.
What zoning applies to commercial property in Groves?
Groves, TX zones 3,335 acres across 7 districts, of which 26.8% is commercial and 0% industrial. The largest single district is Single Family Residence District at 37.6% of zoned land. Residential zoning covers 72.4% and open space 0%.
Where does Realmo's Groves market data come from?
Realmo compiles Groves, TX figures from 2 recent recorded sales, 17 active sale listings, 1 active lease listings, 371 tracked off-market properties, the current Groves zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 17 active for-sale and 1 active for-lease listings in Groves, 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: 3,335 zoned acres across 7 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
