Commercial Real Estate Market in Plymouth, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
41 active listings and 896 off-market properties in Plymouth, IN. Commercial property asks $150/SF to buy (based on 4 listings) and $35.00/SF/Yr to lease (based on 6 listings).
Market Trends
Plymouth, IN spans 153.1 square miles in Marshall County, Indiana. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Plymouth, IN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Plymouth, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Plymouth, 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%.
Multifamily
Multifamily vacancy in Plymouth, IN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 42.5%
- Civic 37.4%
- Industrial 13.2%
- Commercial 5.1%
- Open space 1.4%
- Planned_development 0.4%
Largest Zones share of zoned land by district
Rural Residential represents the lowest density of residential development in the Plymouth planning jurisdiction. The designation exists largely in the outlying areas of the jurisdiction that remain primarily agricultural in nature with scattered rural home sites. The Rural Residential category is intended to help preserve the rural nature of the land while…
Market overview
Demographics & Economy
Plymouth, IN has 22,977 residents in 10,031 households. Density runs 150 people per square mile. Median household income here is $69,205 and median gross rent $952 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Plymouth?
How much does it cost to lease commercial space in Plymouth?
Where does Realmo's Plymouth market data come from?
Methodology & data sources
- Asking prices and medians
- There are 25 active for-sale and 16 active for-lease listings in Plymouth, IN. The medians are based on 4 of the for-sale and 6 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 21,828 zoned acres across 12 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
