Commercial Real Estate Market in Napoleon, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Napoleon, IN spans 0.1 square miles in Ripley County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Napoleon, 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 Napoleon, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Napoleon, 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 Napoleon, 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 74.3%
- Industrial 23%
- Commercial 2.7%
Largest Zones share of zoned land by district
Single Family Residence District
Enclosed Industrial District
Multifamily Residence District
Local Business District
Multifamily Residence District
Napoleon, IN zones 441 acres across 7 districts. Commercial zoning covers 2.7% of zoned land, residential 74.3% and industrial 23%. The largest single district is Single Family Residence District at 67.1%. For commercial buyers the practical constraint is that only 25.7% of land carries a commercial or industrial designation.
Single Family Residence District (R1)
SECTION 80.12: R-1 SINGLE-FAMILY RESIDENCE DISTRICT This district, although very suitable for agricultural uses in many locations, is designed to also permit low-density single-family residential development, and is adaptable to urban and suburban locations. (A) Permitted Uses. (1) Agricultural use. (2) Single-family dwelling. (3) Manufactured home. (4) Spec…
Market overview
Demographics & Economy
Napoleon, IN has 172 residents in 68 households. Density runs 1,332 people per square mile. Median household income here is $71,731 and median gross rent $844 a month.
172
Population
68
Households
2.5
Avg Household Size
49
Median Age
17%
College-Educated
99%
High-School Grad
0.1 sq mi
ZIP Area
1,332
Density / Sq Mi
$71,731
Median Household Income
$53,542
Median Earnings
$844
Median Rent
$122,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Millhousen | — | — |
| Osgood | — | — |
| Otter Village | — | — |
| Cross Roads | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Napoleon?
Napoleon, IN zones 441 acres across 7 districts, of which 2.7% is commercial and 23% industrial. The largest single district is Single Family Residence District at 67.1% of zoned land. SECTION 80.12: R-1 SINGLE-FAMILY RESIDENCE DISTRICT This district, although very suitable for agricultural uses in many locations, is designed to also permit low-density single-family residential development, and is adaptable to urban and suburban locations. (A) Permitted Uses. (1) Agricultural use. (2) Single-family dwelling. (3) Manufactured home. (4) Spec… Residential zoning covers 74.3% and open space 0%.
Methodology & data sources
- 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: 441 zoned acres across 7 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
