Commercial Real Estate Market in Knoxville, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
9 active listings and 604 off-market properties in Knoxville, IA.
Market Trends
Knoxville, IA spans 168.1 square miles in Marion County, Iowa. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Knoxville, IA runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Knoxville, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Knoxville, 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%.
Multifamily
Multifamily vacancy in Knoxville, IA runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 58%
- Industrial 24.1%
- Commercial 13.3%
- Agricultural 4.6%
Largest Zones share of zoned land by district
Knoxville, IA zones 2,947 acres across 11 districts. Commercial zoning covers 13.3% of zoned land, residential 58% and industrial 24.1%. The largest single district is One And Two Family Residential District at 26.9%. For commercial buyers the practical constraint is that only 37.4% of land carries a commercial or industrial designation.
M-1 Service Commercial/Limited Industrial District M-2 Heavy Industrial District PUD Planned Unit Development District (1983 Code § 11-1-4; amd. Ord. 02-13, 12-2-2002; Ord. 03-06, 10-6-2003; Ord. 19-08, 7-1-2019) Share Download Bookmark Print 9-2-2: BOUNDARIES AND OFFICIAL MAP: A. Districts Indicated On Map: The boundaries of these districts are indicated up…
Market overview
Demographics & Economy
Knoxville, IA has 11,631 residents in 5,181 households. Density runs 69 people per square mile. Median household income here is $76,887 and median gross rent $815 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Knoxville?
What zoning applies to commercial property in Knoxville?
Where does Realmo's Knoxville market data come from?
Methodology & data sources
- Asking prices and medians
- There are 9 active for-sale and 0 active for-lease listings in Knoxville, IA. The sale median is based on 3 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 2,947 zoned acres across 11 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
