Commercial Real Estate Market in Portland, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
34 active listings and 443 off-market properties in Portland, TX. Commercial property asks $192/SF to buy and $22.81/SF/Yr to lease.
Market Trends
Portland, TX spans 18.6 square miles in San Patricio County, Texas. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Portland, TX has a median asking sale price of $150/SF (based on 5 listings). Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in Portland, TX has a median asking sale price of $519/SF (based on 3 listings). Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Portland, 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 Portland, TX has a median asking sale price of $192/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 82.6%
- Commercial 9.6%
- Planned_development 2.5%
- Industrial 2.5%
- Mixed use 2.1%
Largest Zones share of zoned land by district
Portland, TX zones 7,809 acres across 17 districts. Commercial zoning covers 9.6% of zoned land, residential 82.6% and industrial 2.5%. The largest single district is Single Family Residential District at 54.4%. For commercial buyers the practical constraint is that only 12.1% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Portland, TX has 20,281 residents in 8,426 households. Density runs 1,093 people per square mile. Median household income here is $81,580 and median gross rent $1,492 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Gregory | $241 | $19.00 |
| Ingleside | $150 | $12.00 |
| Taft | $78 | — |
Commercial property in Portland, TX asks $192/SF. The 3 bordering markets run from $78/SF in Taft to $241/SF in Gregory, and the city sits above their $150/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Portland?
How much does it cost to lease commercial space in Portland?
How does Portland compare to nearby markets on price?
What zoning applies to commercial property in Portland?
Where does Realmo's Portland market data come from?
Methodology & data sources
- Asking prices and medians
- There are 17 active for-sale and 17 active for-lease listings in Portland, TX. The medians are based on 13 of the for-sale and 12 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: 7,809 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 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
