Commercial Real Estate Market in Morrison, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
4 active listings and 149 off-market properties in Morrison, TN.
Market Trends
Morrison, TN spans 134.7 square miles in Warren County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Morrison, TN runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Morrison, TN runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Morrison, 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 Morrison, TN runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Morrison, TN has 6,382 residents in 2,300 households. Density runs 47 people per square mile. Median household income here is $55,441 and median gross rent $781 a month.
6,382
Population
2,300
Households
2.8
Avg Household Size
40
Median Age
20%
College-Educated
90%
High-School Grad
134.7 sq mi
ZIP Area
47
Density / Sq Mi
$55,441
Median Household Income
$36,689
Median Earnings
$781
Median Rent
$167,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Smartt | — | — |
| Viola | — | — |
| Mc Minnville | — | — |
| Bradyville | — | — |
Commercial property in Morrison, TN asks $1,056/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Morrison?
Commercial property in Morrison, TN asks an average of $1,056 per square foot. The 6 most recent recorded sales traded at a median of $40/SF, so asking sits 2516% above the achieved median.
Where does Realmo's Morrison market data come from?
Realmo compiles Morrison, TN figures from 6 recent recorded sales, 4 active sale listings, 149 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 4 active for-sale and 0 active for-lease listings in Morrison, 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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
