Commercial Real Estate Market in Marshall, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
96 active listings and 1,313 off-market properties in Marshall, TX. Commercial property asks $259/SF to buy and $17.88/SF/Yr to lease.
Market Trends
Marshall, TX spans 360.4 square miles in Harrison County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Marshall, 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 Marshall, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Marshall, 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 Marshall, 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
- Agricultural 51.8%
- Residential 30.8%
- Commercial 10.6%
- Industrial 6%
- Planned_development 0.8%
- Special 0.1%
Largest Zones share of zoned land by district
Agriculture And Estate
Single Family Detached Residential
Single Family Detached Residential
Single Family Detached Residential
General Business
Agriculture And Estate (A-E)
This district is designed to accommodate agricultural and rural activities that are frequently found in less developed areas of the city
Market overview
Demographics & Economy
Marshall, TX has 34,220 residents in 14,572 households. Density runs 95 people per square mile. Median household income here is $53,407 and median gross rent $936 a month.
34,220
Population
14,572
Households
2.3
Avg Household Size
38
Median Age
19%
College-Educated
87%
High-School Grad
360.4 sq mi
ZIP Area
95
Density / Sq Mi
$53,407
Median Household Income
$29,333
Median Earnings
$936
Median Rent
$133,739
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Nesbitt | — | — |
| Harleton | — | — |
| Woodlawn | — | — |
| Walkers Mill | — | — |
Commercial property in Marshall, TX asks $259/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Marshall?
Commercial property in Marshall, TX asks an average of $259 per square foot.
How much does it cost to lease commercial space in Marshall?
Asking lease rates in Marshall, TX average $17.88 per square foot per year.
Where does Realmo's Marshall market data come from?
Realmo compiles Marshall, TX figures from 87 active sale listings, 9 active lease listings, 1,313 tracked off-market properties, the current Marshall zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 87 active for-sale and 9 active for-lease listings in Marshall, 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: 19,095 zoned acres across 17 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
