Commercial Real Estate Market in Blackduck, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 130 off-market properties in Blackduck, MN.
Market Trends
Blackduck, MN spans 354.2 square miles in Beltrami County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Blackduck, 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 Blackduck, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Blackduck, 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 Blackduck, 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 79.2%
- Industrial 10.4%
- Commercial 8.3%
- Civic 2.2%
Largest Zones share of zoned land by district
Agriculture
Residential
Industrial
Business
Business
Blackduck, MN zones 983 acres across 6 districts. Commercial zoning covers 8.3% of zoned land, residential 79.2% and industrial 10.4%. The largest single district is Agriculture at 45%. For commercial buyers the practical constraint is that only 18.7% of land carries a commercial or industrial designation.
Agriculture (A-1)
To preserve areas for agricultural use, low density residential development and outdoor recreational uses without allowing uses of such intensity that the provision of urban facilities and services would be necessary
Market overview
Demographics & Economy
Blackduck, MN has 2,602 residents in 1,319 households. Density runs 7 people per square mile. Median household income here is $50,117 and median gross rent $785 a month.
2,602
Population
1,319
Households
2
Avg Household Size
44
Median Age
20%
College-Educated
90%
High-School Grad
354.2 sq mi
ZIP Area
7
Density / Sq Mi
$50,117
Median Household Income
$33,074
Median Earnings
$785
Median Rent
$192,800
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
What zoning applies to commercial property in Blackduck?
Blackduck, MN zones 983 acres across 6 districts, of which 8.3% is commercial and 10.4% industrial. The largest single district is Agriculture at 45% of zoned land. To preserve areas for agricultural use, low density residential development and outdoor recreational uses without allowing uses of such intensity that the provision of urban facilities and services would be necessary Residential zoning covers 79.2% and open space 0%.
Where does Realmo's Blackduck market data come from?
Realmo compiles Blackduck, MN figures from 6 recent recorded sales, 1 active sale listings, 130 tracked off-market properties, the current Blackduck zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Blackduck, 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: 983 zoned acres across 6 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
