Commercial Real Estate Market in Coon Rapids, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
26 active listings and 561 off-market properties in Coon Rapids, MN. Commercial property asks $302/SF to buy and $12.00/SF/Yr to lease.
Market Trends
Coon Rapids, MN spans 22.5 square miles in Anoka County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Coon Rapids, 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 Coon Rapids, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Coon Rapids, 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 space in Coon Rapids, MN asks $185/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
Market overview
Demographics & Economy
Coon Rapids, MN has 63,588 residents in 25,198 households. Density runs 2,831 people per square mile. Median household income here is $87,228 and median gross rent $1,509 a month.
63,588
Population
25,198
Households
2.5
Avg Household Size
39
Median Age
24%
College-Educated
94%
High-School Grad
22.5 sq mi
ZIP Area
2,831
Density / Sq Mi
$87,228
Median Household Income
$48,451
Median Earnings
$1,509
Median Rent
$286,619
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Blaine | — | — |
| Anoka | — | — |
| Champlin | — | — |
| Andover | — | — |
Commercial property in Coon Rapids, MN asks $302/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Coon Rapids?
Commercial property in Coon Rapids, MN asks an average of $302 per square foot. The 7 most recent recorded sales traded at a median of $210/SF, so asking sits 44% above the achieved median. Multifamily carries the highest asking price at $185/SF.
How much does it cost to lease commercial space in Coon Rapids?
Asking lease rates in Coon Rapids, MN average $12.00 per square foot per year.
Where does Realmo's Coon Rapids market data come from?
Realmo compiles Coon Rapids, MN figures from 8 recent recorded sales, 11 active sale listings, 15 active lease listings, 561 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 11 active for-sale and 15 active for-lease listings in Coon Rapids, 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.
- 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
