Commercial Real Estate Market in Martensdale, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
9 active listings and 25 off-market properties in Martensdale, IA.
Market Trends
Martensdale, IA spans 0.4 square miles in Warren County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Martensdale, 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 Martensdale, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Martensdale, 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 Martensdale, 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
- Special 45.6%
- Civic 38.8%
- Industrial 11.9%
- Commercial 3.7%
Largest Zones share of zoned land by district
Flood Plain
Residential A
Manufacturing
Commercial
Residential B
Residential A (R-1)
The purpose of R-1 zone is to provide private and two family dwelling units, churches and places of worship and parochial schools, public schools, public libraries, parks, playgrounds
Market overview
Demographics & Economy
Martensdale, IA has 421 residents in 267 households. Density runs 1,144 people per square mile. Median household income here is $53,750 and median gross rent $863 a month.
421
Population
267
Households
1.6
Avg Household Size
38
Median Age
17%
College-Educated
94%
High-School Grad
0.4 sq mi
ZIP Area
1,144
Density / Sq Mi
$53,750
Median Household Income
$46,176
Median Earnings
$863
Median Rent
$176,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Conger | — | — |
| Prole | — | — |
| Bevington | — | — |
| Saint Marys | — | — |
Commercial property in Martensdale, IA asks $20/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Martensdale?
Commercial property in Martensdale, IA asks an average of $20 per square foot.
Where does Realmo's Martensdale market data come from?
Realmo compiles Martensdale, IA figures from 9 active sale listings, 25 tracked off-market properties, the current Martensdale 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 Martensdale, 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: 244 zoned acres across 5 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 and industrial vacancy is reported at Midwest 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
