Commercial Real Estate Market in Garner, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
15 active listings and 399 off-market properties in Garner, IA.
Market Trends
Garner, IA spans 127.5 square miles in Hancock County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Garner, IA runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Garner, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Garner, IA runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Garner, IA runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 52.3%
- Industrial 31.8%
- Commercial 7.4%
- Agricultural 5.8%
- Planned_development 2.7%
Largest Zones share of zoned land by district
Residential District
Heavy Industry District
Light Industry District
Highway Business District
Agricultural District
Garner, IA zones 1,351 acres across 6 districts. Commercial zoning covers 7.4% of zoned land, residential 52.3% and industrial 31.8%. The largest single district is Residential District at 52.3%. For commercial buyers the practical constraint is that only 39.2% of land carries a commercial or industrial designation.
Heavy Industry District (I-2)
One Building 165.43 I-2 Heavy Industry District 165.20 One Main Building on Lot 165.44 Tower/Antenna Regulations PURPOSE AND DEFINITIONS 165.01 PURPOSE. These regulations are adopted for th e purpose of promoting public health, safety, comfort, order, and general welfare to conserve and protect natural and manmade environment; to secure and provide the socia…
Market overview
Demographics & Economy
Garner, IA has 4,033 residents in 1,812 households. Density runs 32 people per square mile. Median household income here is $69,637 and median gross rent $795 a month.
4,033
Population
1,812
Households
2.2
Avg Household Size
44
Median Age
23%
College-Educated
89%
High-School Grad
127.5 sq mi
ZIP Area
32
Density / Sq Mi
$69,637
Median Household Income
$44,307
Median Earnings
$795
Median Rent
$176,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hayfield | — | — |
| Duncan | — | — |
| Miller | — | — |
| Klemme | — | — |
Commercial property in Garner, IA asks $149/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Garner?
Commercial property in Garner, IA asks an average of $149 per square foot. The 5 most recent recorded sales traded at a median of $13/SF, so asking sits 1005% above the achieved median.
What zoning applies to commercial property in Garner?
Garner, IA zones 1,351 acres across 6 districts, of which 7.4% is commercial and 31.8% industrial. The largest single district is Residential District at 52.3% of zoned land. Residential zoning covers 52.3% and open space 0%.
Where does Realmo's Garner market data come from?
Realmo compiles Garner, IA figures from 5 recent recorded sales, 15 active sale listings, 399 tracked off-market properties, the current Garner zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 15 active for-sale and 0 active for-lease listings in Garner, IA. 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: 1,351 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 Midwest region level, retail vacancy is reported at Midwest region level, industrial vacancy is reported at Midwest 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
