Commercial Real Estate Market in Milan Army Ammunition Plant, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
54 active listings and 408 off-market properties in Milan Army Ammunition Plant, TN. Commercial property asks $86/SF to buy and $23.48/SF/Yr to lease.
Market Trends
Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Milan Army Ammunition Plant, TN asks $74/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Milan Army Ammunition Plant, TN asks $66/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Milan Army Ammunition Plant, TN 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 Milan Army Ammunition Plant, TN runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lavinia | — | — |
| Atwood | — | — |
| Medina | — | — |
| Spring Creek | — | — |
Commercial property in Milan Army Ammunition Plant, TN asks $86/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Milan Army Ammunition Plant?
Commercial property in Milan Army Ammunition Plant, TN asks an average of $86 per square foot. The 7 most recent recorded sales traded at a median of $86/SF. Office carries the highest asking price at $74/SF.
How much does it cost to lease commercial space in Milan Army Ammunition Plant?
Asking lease rates in Milan Army Ammunition Plant, TN average $23.48 per square foot per year.
Where does Realmo's Milan Army Ammunition Plant market data come from?
Realmo compiles Milan Army Ammunition Plant, TN figures from 8 recent recorded sales, 44 active sale listings, 10 active lease listings, 408 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 44 active for-sale and 10 active for-lease listings in Milan Army Ammunition Plant, TN. 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.
- 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
