Madison, TN
Commercial Real Estate Market Trends & Data

Madison's Demographic Profile

Madison has 16,385 households and a median income of $53,636, providing context for rent absorption and tenant demand across retail and multifamily assets. A -1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 38,926
# Households 16,385
Median age 39
Median household income $53,636
Avg household size 2.0
Renter-occupied housing units 9,153
5-year population change -1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Madison, TN

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Madison $340 5,445 SF 3.91%
Nashville $554 10,237 SF 7.53%
Nearby Retail Markets Avg Cost/SF Typical Size
Madison $353 9,075 SF
Old Hickory $392 7,798 SF
Nashville $581 8,754 SF
Whites Creek $389 25,624 SF
Goodlettsville $526 8,125 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Old Hickory $153 6,750 SF 6.01%
Nashville $460 14,829 SF 12.12%
Hermitage $175 12,600 SF 6.01%

Commercial Properties For Sale in Madison

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Value-Add Office & Professional Building

Madison, TN 37115

  • 16,678 SF Office Building
  • $2,850,000
For Sale

Madison Station Commercial Building

Madison, TN 37115

  • 7,000 SF Retail Building
  • $1,550,000
For Sale

121 Harris St

Madison, TN 37115

  • 2,787 SF Office Building
  • $799,000
For Sale

Renovated Professional Office Building

Madison, TN 37115

  • 2,672 SF Office Building
  • $599,900
For Sale

19-Unit Investment Portfolio in Nashville

Nashville, TN 37216

  • 25,000 SF Multifamily
  • $6,950,000
For Sale

The Textile Building

Old Hickory, TN 37138

  • 3,023 SF Retail Building
  • $925,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Madison pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Madison $269 8,835 SF
Old Hickory $335 8,063 SF
Nashville $549 13,171 SF
Whites Creek $389 25,778 SF
Goodlettsville $286 9,138 SF

Regional Demographic Comparison

This comparison places Madison alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Madison or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Madison 38,926 16,385 39 $53,636 2 9,153 -1%
Old Hickory 23,066 9,343 44 $80,319 2 2,202 4%
Nashville 678,000 286,031 36 $67,531 2 145,518 -1%
Whites Creek 3,292 1,246 44 $86,452 3 240 -3%
Goodlettsville 16,745 6,728 41 $64,251 2 2,758 1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Madison, TN and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Madison

View All Commercial Real Estate For Sale in Madison
Is Madison a good market for a first-time commercial real estate investor?

Madison offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Madison?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Madison. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Madison?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Madison. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Madison compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Madison. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Madison acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Madison, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.