Commercial Real Estate Market in Fremont, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
28 active listings and 371 off-market properties in Fremont, IN. Commercial property asks $258/SF to buy and $40.50/SF/Yr to lease.
Market Trends
Fremont, IN spans 63.7 square miles in Steuben County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Fremont, 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 Fremont, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Fremont, 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 Fremont, 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
- Agricultural 78%
- Residential 7.1%
- Industrial 6.3%
- Open space 6.1%
- Commercial 1.8%
Largest Zones share of zoned land by district
Agriculture District
General Industrial District
Environmental Control District
Residence District
Residence District
Agriculture District (A)
The A, Agriculture District, is established to include agricultural operations such as crop production, raising of animals, equestrian facilities, tree farms and vineyards
Market overview
Demographics & Economy
Fremont, IN has 6,898 residents in 4,614 households. Density runs 108 people per square mile. Median household income here is $72,927 and median gross rent $1,116 a month.
6,898
Population
4,614
Households
1.5
Avg Household Size
49
Median Age
25%
College-Educated
91%
High-School Grad
63.7 sq mi
ZIP Area
108
Density / Sq Mi
$72,927
Median Household Income
$37,466
Median Earnings
$1,116
Median Rent
$187,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Ray | — | — |
| Otter Lake | — | — |
| Scott | — | — |
| Clear Lake | — | — |
Commercial property in Fremont, IN asks $258/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Fremont?
Commercial property in Fremont, IN asks an average of $258 per square foot.
How much does it cost to lease commercial space in Fremont?
Asking lease rates in Fremont, IN average $40.50 per square foot per year.
Where does Realmo's Fremont market data come from?
Realmo compiles Fremont, IN figures from 26 active sale listings, 2 active lease listings, 371 tracked off-market properties, the current Fremont zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 26 active for-sale and 2 active for-lease listings in Fremont, 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: 10,238 zoned acres across 13 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
