Commercial Real Estate Market in Dakota, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Dakota, MN spans 30.8 square miles in Winona County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Dakota, 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 Dakota, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Dakota, 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 Dakota, 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 56.8%
- Special 38.2%
- Commercial 4%
- Industrial 0.9%
Largest Zones share of zoned land by district
Flood Plain
Agriculture Residential
General Residential
General Business
General Industry
Agriculture Residential (R-1A)
The purpose of the Rural Residential and Agriculture District is to allow suitable areas of the city to be retained and utilized in open space or agricultural uses.
Market overview
Demographics & Economy
Dakota, MN has 1,040 residents in 467 households. Density runs 34 people per square mile. Median household income here is $91,389.
1,040
Population
467
Households
2.2
Avg Household Size
44
Median Age
15%
College-Educated
95%
High-School Grad
30.8 sq mi
ZIP Area
34
Density / Sq Mi
$91,389
Median Household Income
$40,641
Median Earnings
$0
Median Rent
$270,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Dresbach | — | — |
| Nodine | — | — |
| New Hartford | — | — |
| Holmen | — | — |
Methodology & data sources
- 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: 354 zoned acres across 5 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
