Commercial Real Estate Market in Anderson, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
217 active listings and 4,098 off-market properties in Anderson, IN. Commercial property asks $74/SF to buy and $26.75/SF/Yr to lease.
Market Trends
Anderson, IN spans 150.9 square miles in Madison County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Anderson, 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 Anderson, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Anderson, 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 Anderson, 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 62.7%
- Industrial 24.9%
- Commercial 11.8%
Largest Zones share of zoned land by district
Residential District
Industrial District
Industrial Reserved District
Residential District
Industrial District
Anderson, IN zones 22,916 acres across 14 districts. Commercial zoning covers 11.8% of zoned land, residential 62.7% and industrial 24.9%. The largest single district is Residential District at 45.8%. For commercial buyers the practical constraint is that only 36.7% of land carries a commercial or industrial designation.
Residential District (R-2)
RICTS AND GENERAL PROVISIONS Districts Established General Provisions Page 33 - 7/25/2024 Districts Established A) The city is classified and divided into 16 districts designated as follows: R1- Residential District R2 - Residential District R3 - Residential District R4 - Residential District B1 - Local Business District B2 - General Business District B3…
Market overview
Demographics & Economy
Anderson, IN has 78,090 residents in 37,636 households. Density runs 517 people per square mile. Median household income here is $56,457 and median gross rent $940 a month.
78,090
Population
37,636
Households
2.1
Avg Household Size
42
Median Age
19%
College-Educated
89%
High-School Grad
150.9 sq mi
ZIP Area
517
Density / Sq Mi
$56,457
Median Household Income
$35,968
Median Earnings
$940
Median Rent
$127,048
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Woodlawn Heights | — | — |
| Country Club Heights | — | — |
| River Forest | — | — |
| Chesterfield | — | $11.23 |
Commercial property in Anderson, IN asks $74/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Anderson?
Commercial property in Anderson, IN asks an average of $74 per square foot.
How much does it cost to lease commercial space in Anderson?
Asking lease rates in Anderson, IN average $26.75 per square foot per year.
What zoning applies to commercial property in Anderson?
Anderson, IN zones 22,916 acres across 14 districts, of which 11.8% is commercial and 24.9% industrial. The largest single district is Residential District at 45.8% of zoned land. RICTS AND GENERAL PROVISIONS Districts Established General Provisions Page 33 - 7/25/2024 Districts Established A) The city is classified and divided into 16 districts designated as follows: R1- Residential District R2 - Residential District R3 - Residential District R4 - Residential District B1 - Local Business District B2 - General Business District B3… Residential zoning covers 62.7% and open space 0%.
Where does Realmo's Anderson market data come from?
Realmo compiles Anderson, IN figures from 160 active sale listings, 57 active lease listings, 4,098 tracked off-market properties, the current Anderson zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 160 active for-sale and 57 active for-lease listings in Anderson, IN. 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: 22,916 zoned acres across 14 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
