Commercial Real Estate Market in Mooresville, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
43 active listings and 548 off-market properties in Mooresville, IN.
Market Trends
Mooresville, IN spans 76.7 square miles in Morgan County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Mooresville, 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 Mooresville, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Mooresville, 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 Mooresville, 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
- Commercial 30.1%
- Industrial 25.4%
- Planned_development 22.9%
- Residential 16.6%
- Open space 3.4%
- Civic 1.6%
Largest Zones share of zoned land by district
Agricultural Residential
Residential Single Family
Medium Industrial
Planned Unit Development Industrial
General Business
Mooresville, IN zones 3,906 acres across 20 districts. Commercial zoning covers 30.1% of zoned land, residential 16.6%, open space 3.4% and industrial 25.4%. The largest single district is Agricultural Residential at 16.2%. For commercial buyers the practical constraint is that only 55.5% of land carries a commercial or industrial designation.
Agricultural Residential (AG)
The purpose of this zoning district is to provide, Agriculture and agricultural Buildings and structures, public parks, playgrounds, orchards, nurseries and greenhouse operations shall also be allowed in this district.
Market overview
Demographics & Economy
Mooresville, IN has 23,895 residents in 10,051 households. Density runs 311 people per square mile. Median household income here is $79,877 and median gross rent $1,024 a month.
23,895
Population
10,051
Households
2.4
Avg Household Size
44
Median Age
23%
College-Educated
91%
High-School Grad
76.7 sq mi
ZIP Area
311
Density / Sq Mi
$79,877
Median Household Income
$46,317
Median Earnings
$1,024
Median Rent
$241,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Brooklyn | — | — |
| Cartersburg | — | — |
| Bethany | — | — |
| Monrovia | — | — |
Commercial property in Mooresville, IN asks $42/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Mooresville?
Commercial property in Mooresville, IN asks an average of $42 per square foot.
What zoning applies to commercial property in Mooresville?
Mooresville, IN zones 3,906 acres across 20 districts, of which 30.1% is commercial and 25.4% industrial. The largest single district is Agricultural Residential at 16.2% of zoned land. The purpose of this zoning district is to provide, Agriculture and agricultural Buildings and structures, public parks, playgrounds, orchards, nurseries and greenhouse operations shall also be allowed in this district. Residential zoning covers 16.6% and open space 3.4%.
Where does Realmo's Mooresville market data come from?
Realmo compiles Mooresville, IN figures from 2 recent recorded sales, 40 active sale listings, 3 active lease listings, 548 tracked off-market properties, the current Mooresville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 40 active for-sale and 3 active for-lease listings in Mooresville, 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: 3,906 zoned acres across 20 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
