Commercial Real Estate Market in Barnesville, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
5 active listings and 164 off-market properties in Barnesville, MN.
Market Trends
Barnesville, MN spans 212.6 square miles in Clay County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Barnesville, MN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Barnesville, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Barnesville, MN 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 Barnesville, MN 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 51.5%
- Open space 30.3%
- Industrial 11.9%
- Commercial 6.2%
Largest Zones share of zoned land by district
Single Family
Conservation
Urban Residential
Light Industrial
Public Facilities
Barnesville, MN zones 1,376 acres across 10 districts. Commercial zoning covers 6.2% of zoned land, residential 51.5%, open space 30.3% and industrial 11.9%. The largest single district is Single Family at 30.3%. For commercial buyers the practical constraint is that only 18.2% of land carries a commercial or industrial designation.
Single Family (R-1)
All land hereafter annexed to the city shall be zoned R-1 Single-Family Residential until the zoning designation is changed by Council action. (B) All-encompassing. No building, structure, or land shall hereafter be used or occupied, and no building or structure or part thereof shall hereafter be erected, constructed, or reconstructed, moved, or altered exce…
Market overview
Demographics & Economy
Barnesville, MN has 3,963 residents in 1,512 households. Density runs 19 people per square mile. Median household income here is $88,690 and median gross rent $868 a month.
3,963
Population
1,512
Households
2.6
Avg Household Size
38
Median Age
32%
College-Educated
96%
High-School Grad
212.6 sq mi
ZIP Area
19
Density / Sq Mi
$88,690
Median Household Income
$51,638
Median Earnings
$868
Median Rent
$233,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Baker | — | — |
| Downer | — | — |
| Rollag | — | — |
| Sabin | — | — |
Commercial property in Barnesville, MN asks $335/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Barnesville?
Commercial property in Barnesville, MN asks an average of $335 per square foot.
What zoning applies to commercial property in Barnesville?
Barnesville, MN zones 1,376 acres across 10 districts, of which 6.2% is commercial and 11.9% industrial. The largest single district is Single Family at 30.3% of zoned land. All land hereafter annexed to the city shall be zoned R-1 Single-Family Residential until the zoning designation is changed by Council action. (B) All-encompassing. No building, structure, or land shall hereafter be used or occupied, and no building or structure or part thereof shall hereafter be erected, constructed, or reconstructed, moved, or altered exce… Residential zoning covers 51.5% and open space 30.3%.
Where does Realmo's Barnesville market data come from?
Realmo compiles Barnesville, MN figures from 7 recent recorded sales, 5 active sale listings, 164 tracked off-market properties, the current Barnesville 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 0 active for-lease listings in Barnesville, MN. 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: 1,376 zoned acres across 10 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
