Commercial Real Estate Market in Borden, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
11 active listings and 106 off-market properties in Borden, IN.
Market Trends
Borden, IN spans 67.5 square miles in Clark County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Borden, 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 Borden, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Borden, 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 Borden, 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 90.3%
- Commercial 7.3%
- Industrial 1.3%
- Special 0.9%
Largest Zones share of zoned land by district
General Agriculture
Medium Density Residential
Low Density Residential
General Business
Highway Commercial
Borden, IN zones 894 acres across 10 districts. Commercial zoning covers 7.3% of zoned land, residential 90.3% and industrial 1.3%. The largest single district is General Agriculture at 44.3%. For commercial buyers the practical constraint is that only 8.6% of land carries a commercial or industrial designation.
Medium Density Residential (R2)
MEDIUM-DENSITY RESIDENTIAL DISTRICT (R2) Purpose. The Medium-density Residential District (“R2”) is intended to provide for the development of neighborhoods while ensuring compatibility with existing patterns of development. New development may contain mixed residential densities and lot sizes, varied single-family and two-family housing types, and non-resid…
Market overview
Demographics & Economy
Borden, IN has 4,771 residents in 1,960 households. Density runs 71 people per square mile. Median household income here is $87,431 and median gross rent $956 a month.
4,771
Population
1,960
Households
2.4
Avg Household Size
45
Median Age
20%
College-Educated
93%
High-School Grad
67.5 sq mi
ZIP Area
71
Density / Sq Mi
$87,431
Median Household Income
$42,028
Median Earnings
$956
Median Rent
$205,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Starlight | — | — |
| Pekin | — | — |
| Navilleton | — | — |
| Greenville | — | — |
Commercial property in Borden, IN asks $1,163/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Borden?
Commercial property in Borden, IN asks an average of $1,163 per square foot.
What zoning applies to commercial property in Borden?
Borden, IN zones 894 acres across 10 districts, of which 7.3% is commercial and 1.3% industrial. The largest single district is General Agriculture at 44.3% of zoned land. Residential zoning covers 90.3% and open space 0%.
Where does Realmo's Borden market data come from?
Realmo compiles Borden, IN figures from 11 active sale listings, 106 tracked off-market properties, the current Borden zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 11 active for-sale and 0 active for-lease listings in Borden, 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: 894 zoned acres across 10 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
