Commercial Real Estate Market in Watertown, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
6 active listings and 84 off-market properties in Watertown, TN.
Market Trends
Watertown, TN spans 110.4 square miles in Wilson County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Watertown, 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 Watertown, TN runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Watertown, 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 Watertown, 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
- Civic 73.2%
- Industrial 15%
- Commercial 10.4%
- Open space 1.4%
Largest Zones share of zoned land by district
Residential Low Density
Light Industrial
Highway Business
Agricultural
Residential Medium And High Density
Market overview
Demographics & Economy
Watertown, TN has 6,250 residents in 2,918 households. Density runs 57 people per square mile. Median household income here is $73,862 and median gross rent $944 a month.
6,250
Population
2,918
Households
2.1
Avg Household Size
41
Median Age
22%
College-Educated
81%
High-School Grad
110.4 sq mi
ZIP Area
57
Density / Sq Mi
$73,862
Median Household Income
$38,219
Median Earnings
$944
Median Rent
$288,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Alexandria | — | — |
| Brush Creek | — | — |
| Norene | — | — |
| New Middleton | — | — |
Commercial property in Watertown, TN asks $47/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Watertown?
Commercial property in Watertown, TN asks an average of $47 per square foot. The 3 most recent recorded sales traded at a median of $271/SF.
Where does Realmo's Watertown market data come from?
Realmo compiles Watertown, TN figures from 3 recent recorded sales, 6 active sale listings, 84 tracked off-market properties, the current Watertown 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 Watertown, 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: 822 zoned acres across 10 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
