Commercial Real Estate Market in Wartburg, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
6 active listings and 198 off-market properties in Wartburg, TN.
Market Trends
Wartburg, TN spans 81.4 square miles in Morgan County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Wartburg, 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 Wartburg, TN runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Wartburg, 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 Wartburg, 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 64.3%
- Commercial 31.9%
Largest Zones share of zoned land by district
Residential 1
Business 2
Business 1
Residential 1a
Residential 2
Wartburg, TN zones 659 acres across 6 districts. Commercial zoning covers 31.9% of zoned land, residential 64.3%. The largest single district is Residential 1 at 49%. For commercial buyers the practical constraint is that only 31.9% of land carries a commercial or industrial designation.
Residential 1 (R-1)
It is the purpose and intent of this district to protect areas that have been previously- developed for residential use and to provide areas that are suitable for low density housing.
Market overview
Demographics & Economy
Wartburg, TN has 7,118 residents in 2,054 households. Density runs 87 people per square mile. Median household income here is $56,375 and median gross rent $682 a month.
7,118
Population
2,054
Households
3.5
Avg Household Size
40
Median Age
8%
College-Educated
81%
High-School Grad
81.4 sq mi
ZIP Area
87
Density / Sq Mi
$56,375
Median Household Income
$32,966
Median Earnings
$682
Median Rent
$149,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lancing | — | — |
| Oakdale | — | — |
| Petros | — | — |
| Coalfield | — | — |
Commercial property in Wartburg, TN asks $18/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Wartburg?
Commercial property in Wartburg, TN asks an average of $18 per square foot. The 6 most recent recorded sales traded at a median of $25/SF.
What zoning applies to commercial property in Wartburg?
Wartburg, TN zones 659 acres across 6 districts, of which 31.9% is commercial and 0% industrial. The largest single district is Residential 1 at 49% of zoned land. It is the purpose and intent of this district to protect areas that have been previously- developed for residential use and to provide areas that are suitable for low density housing. Residential zoning covers 64.3% and open space 0%.
Where does Realmo's Wartburg market data come from?
Realmo compiles Wartburg, TN figures from 6 recent recorded sales, 6 active sale listings, 198 tracked off-market properties, the current Wartburg zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 6 active for-sale and 0 active for-lease listings in Wartburg, 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: 659 zoned acres across 6 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
