Commercial Real Estate Market in Sheldon, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
5 active listings and 670 off-market properties in Sheldon, IA.
Market Trends
Sheldon, IA spans 115.7 square miles in O'Brien County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Sheldon, 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 Sheldon, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Sheldon, 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 Sheldon, 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
- Agricultural 32.3%
- Residential 20.4%
- Civic 17.1%
- Commercial 15.4%
- Industrial 13.6%
- Open space 1.1%
Largest Zones share of zoned land by district
Agricultural
Residential Multiple
Residential Single
Arterial Commercial
Heavy Industrial
Agricultural (AG)
The following requirements shall be provided for light and open space around permitted and special exception uses and structures in the (AG) Agricultural District, and subject to modifications contained in the Supplementary District Regulations. Lot Area - 5 acres - minimum lot area Lot Width - 300 feet - minimum lot width Residential Density - Not more than…
Market overview
Demographics & Economy
Sheldon, IA has 6,408 residents in 2,776 households. Density runs 55 people per square mile. Median household income here is $70,592 and median gross rent $842 a month.
6,408
Population
2,776
Households
2.3
Avg Household Size
38
Median Age
21%
College-Educated
88%
High-School Grad
115.7 sq mi
ZIP Area
55
Density / Sq Mi
$70,592
Median Household Income
$40,182
Median Earnings
$842
Median Rent
$182,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Ritter | — | — |
| Matlock | — | — |
| Archer | — | — |
| Boyden | — | — |
Commercial property in Sheldon, IA asks $448/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Sheldon?
Commercial property in Sheldon, IA asks an average of $448 per square foot.
Where does Realmo's Sheldon market data come from?
Realmo compiles Sheldon, IA figures from 3 recent recorded sales, 5 active sale listings, 670 tracked off-market properties, the current Sheldon zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 0 active for-lease listings in Sheldon, 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: 3,109 zoned acres across 12 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
