Commercial Real Estate Market in Cokato, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
22 active listings and 146 off-market properties in Cokato, MN.
Market Trends
Cokato, MN spans 81.0 square miles in Wright County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Cokato, 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 Cokato, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Cokato, 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 Cokato, 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 58%
- Industrial 18.2%
- Commercial 15.9%
- Civic 4.1%
- Open space 3.8%
Largest Zones share of zoned land by district
Single Family Residential
Industrial
Single Family Residential
Highway Commercial
Multifamily Residential
Cokato, MN zones 1,049 acres across 8 districts. Commercial zoning covers 15.9% of zoned land, residential 58%, open space 3.8% and industrial 18.2%. The largest single district is Single Family Residential at 28.8%. For commercial buyers the practical constraint is that only 34.1% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Cokato, MN has 5,597 residents in 2,033 households. Density runs 69 people per square mile. Median household income here is $81,250 and median gross rent $960 a month.
5,597
Population
2,033
Households
2.8
Avg Household Size
35
Median Age
20%
College-Educated
93%
High-School Grad
81 sq mi
ZIP Area
69
Density / Sq Mi
$81,250
Median Household Income
$52,034
Median Earnings
$960
Median Rent
$265,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Dassel | — | — |
| Howard Lake | — | — |
| Winsted | — | — |
| Kingston | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Cokato?
Cokato, MN zones 1,049 acres across 8 districts, of which 15.9% is commercial and 18.2% industrial. The largest single district is Single Family Residential at 28.8% of zoned land. Residential zoning covers 58% and open space 3.8%.
Where does Realmo's Cokato market data come from?
Realmo compiles Cokato, MN figures from 6 recent recorded sales, 22 active sale listings, 146 tracked off-market properties, the current Cokato zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 22 active for-sale and 0 active for-lease listings in Cokato, 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: 1,049 zoned acres across 8 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
