Commercial Real Estate Market in Merriam, KS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
9 active listings and 11 off-market properties in Merriam, KS. Commercial property asks $131/SF to buy and $20.00/SF/Yr to lease.
Market Trends
Merriam, KS spans 16.5 square miles in Johnson County, Kansas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Merriam, KS runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Merriam, KS runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Merriam, KS 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 space in Merriam, KS asks $206/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 59.1%
- Planned_development 25.6%
- Civic 7%
- Industrial 6.1%
- Commercial 2.2%
Largest Zones share of zoned land by district
Single Family Residential
Planned Unit Development General
Parks Schools And City Facilities
Light Industrial
Planned Unit Development Residential
Single Family Residential (R-1)
The purpose of this zone is to accommodate Single Family Residential
Market overview
Demographics & Economy
Merriam, KS has 55,647 residents in 27,019 households. Density runs 3,377 people per square mile. Median household income here is $74,779 and median gross rent $1,244 a month.
55,647
Population
27,019
Households
2.1
Avg Household Size
37
Median Age
44%
College-Educated
94%
High-School Grad
16.5 sq mi
ZIP Area
3,377
Density / Sq Mi
$74,779
Median Household Income
$49,136
Median Earnings
$1,244
Median Rent
$250,961
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Shawnee Mission | — | — |
| Shawnee | — | $20.20 |
| Mission | — | — |
| Fairway | — | — |
Commercial property in Merriam, KS asks $131/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Merriam?
Commercial property in Merriam, KS asks an average of $131 per square foot. Multifamily carries the highest asking price at $206/SF.
How much does it cost to lease commercial space in Merriam?
Asking lease rates in Merriam, KS average $20.00 per square foot per year.
Where does Realmo's Merriam market data come from?
Realmo compiles Merriam, KS figures from 5 active sale listings, 4 active lease listings, 11 tracked off-market properties, the current Merriam zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 4 active for-lease listings in Merriam, KS. 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: 2,492 zoned acres across 14 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
