Commercial Real Estate Market in Batesville, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
24 active listings and 370 off-market properties in Batesville, IN. Commercial property asks $1,943/SF to buy and $12.15/SF/Yr to lease.
Market Trends
Batesville, IN spans 106.1 square miles in Ripley County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Batesville, 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 Batesville, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Batesville, 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 Batesville, 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 66.4%
- Commercial 18.9%
- Industrial 14.7%
Largest Zones share of zoned land by district
Moderate Density Residential
Low Density Single Family Residential
Planned Business
General Industrial
Medium Density Mixed Residential
Batesville, IN zones 3,999 acres across 11 districts. Commercial zoning covers 18.9% of zoned land, residential 66.4% and industrial 14.7%. The largest single district is Moderate Density Residential at 36%. For commercial buyers the practical constraint is that only 33.6% of land carries a commercial or industrial designation.
Moderate Density Residential (R-2)
R-2 district is established to provide for medium density single-family residences . It occurs generally where single-family residential developments have already taken place and in areas where development of this type is contemplated.
Market overview
Demographics & Economy
Batesville, IN has 12,761 residents in 5,025 households. Density runs 120 people per square mile. Median household income here is $76,220 and median gross rent $776 a month.
12,761
Population
5,025
Households
2.5
Avg Household Size
41
Median Age
23%
College-Educated
93%
High-School Grad
106.1 sq mi
ZIP Area
120
Density / Sq Mi
$76,220
Median Household Income
$47,715
Median Earnings
$776
Median Rent
$237,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| West Brook Acres | — | — |
| Cross Roads | — | — |
| Morris | — | — |
| Oldenburg | — | — |
Commercial property in Batesville, IN asks $1,943/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Batesville?
Commercial property in Batesville, IN asks an average of $1,943 per square foot.
How much does it cost to lease commercial space in Batesville?
Asking lease rates in Batesville, IN average $12.15 per square foot per year.
What zoning applies to commercial property in Batesville?
Batesville, IN zones 3,999 acres across 11 districts, of which 18.9% is commercial and 14.7% industrial. The largest single district is Moderate Density Residential at 36% of zoned land. R-2 district is established to provide for medium density single-family residences . It occurs generally where single-family residential developments have already taken place and in areas where development of this type is contemplated. Residential zoning covers 66.4% and open space 0%.
Where does Realmo's Batesville market data come from?
Realmo compiles Batesville, IN figures from 18 active sale listings, 6 active lease listings, 370 tracked off-market properties, the current Batesville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 18 active for-sale and 6 active for-lease listings in Batesville, 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: 3,999 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 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
