Commercial Real Estate Market in Newbern, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
9 active listings and 166 off-market properties in Newbern, TN.
Market Trends
Newbern, TN spans 131.2 square miles in Dyer County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Newbern, TN asks $127/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 Newbern, TN asks $59/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 Newbern, 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 Newbern, TN 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
- Residential 66.2%
- Industrial 19.4%
- Commercial 14.3%
- Mixed use 0.2%
Largest Zones share of zoned land by district
Low Density Single Family Residential
Medium Density Single Family Residential
General Business
Light Industrial
Heavy Industrial
Newbern, TN zones 2,919 acres across 12 districts. Commercial zoning covers 14.3% of zoned land, residential 66.2% and industrial 19.4%. The largest single district is Low Density Single Family Residential at 29.7%. For commercial buyers the practical constraint is that only 33.7% of land carries a commercial or industrial designation.
Light Industrial (I-1)
I-1, I-2 142 Billboard One per permitted location I-1, I-2 H. Sign Exceptions: The following signs are permitted in any district and are not limited in number: (1) Traffic control devices. (2) Temporary real estate, construction and development signs located on the property listed for sale, lease, or under development or improvement. (3) Historical or commem…
Market overview
Demographics & Economy
Newbern, TN has 7,607 residents in 3,517 households. Density runs 58 people per square mile. Median household income here is $57,182 and median gross rent $804 a month.
7,607
Population
3,517
Households
2.2
Avg Household Size
39
Median Age
27%
College-Educated
90%
High-School Grad
131.2 sq mi
ZIP Area
58
Density / Sq Mi
$57,182
Median Household Income
$43,058
Median Earnings
$804
Median Rent
$146,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Yorkville | — | — |
| Trimble | — | — |
| Dyersburg | — | $11.57 |
| Mason | — | — |
Commercial property in Newbern, TN asks $45/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Newbern?
Commercial property in Newbern, TN asks an average of $45 per square foot. The 5 most recent recorded sales traded at a median of $48/SF. Office carries the highest asking price at $127/SF.
What zoning applies to commercial property in Newbern?
Newbern, TN zones 2,919 acres across 12 districts, of which 14.3% is commercial and 19.4% industrial. The largest single district is Low Density Single Family Residential at 29.7% of zoned land. Residential zoning covers 66.2% and open space 0%.
Where does Realmo's Newbern market data come from?
Realmo compiles Newbern, TN figures from 7 recent recorded sales, 9 active sale listings, 166 tracked off-market properties, the current Newbern zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 9 active for-sale and 0 active for-lease listings in Newbern, 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.
- Zoning and land use
- The current municipal zoning release: 2,919 zoned acres across 12 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
