Commercial Real Estate Market in Amboy, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Amboy, IN spans 38.3 square miles in Miami County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Amboy, IN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Amboy, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Amboy, IN 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 Amboy, IN 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 87.4%
- Commercial 12.5%
- Agricultural 0.1%
Largest Zones share of zoned land by district
Agriculture
Residential
Agriculture
Commercial
Commercial
Amboy, IN zones 473 acres across 6 districts. Commercial zoning covers 12.5% of zoned land, residential 87.4%. The largest single district is Agriculture at 53.2%. For commercial buyers the practical constraint is that only 12.5% of land carries a commercial or industrial designation.
Agriculture (A-2)
This district shall be classified as farmland with a general slope of more than 5 but less than 20 percent, these areas are mostly low yield and are more suitable for grazing or pasture, A-2 Districts would be suitable for low density housing; however, residential uses should be discouraged
Market overview
Demographics & Economy
Amboy, IN has 1,396 residents in 654 households. Density runs 36 people per square mile. Median household income here is $84,000 and median gross rent $1,548 a month.
1,396
Population
654
Households
2.1
Avg Household Size
44
Median Age
12%
College-Educated
82%
High-School Grad
38.3 sq mi
ZIP Area
36
Density / Sq Mi
$84,000
Median Household Income
$40,902
Median Earnings
$1,548
Median Rent
$202,800
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
What zoning applies to commercial property in Amboy?
Amboy, IN zones 473 acres across 6 districts, of which 12.5% is commercial and 0% industrial. The largest single district is Agriculture at 53.2% of zoned land. This district shall be classified as farmland with a general slope of more than 5 but less than 20 percent, these areas are mostly low yield and are more suitable for grazing or pasture, A-2 Districts would be suitable for low density housing; however, residential uses should be discouraged Residential zoning covers 87.4% and open space 0%.
Methodology & data sources
- 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: 473 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 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
