Commercial Real Estate Market in Dellwood, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Dellwood, MN spans 24.7 square miles in Ramsey County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Dellwood, MN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Dellwood, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Dellwood, 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%.
Multifamily
Multifamily vacancy in Dellwood, MN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 96.1%
- Agricultural 3.9%
Largest Zones share of zoned land by district
Dellwood, MN zones 1,791 acres across 4 districts. The largest single district is Rural Residential at 70.6%.
RR Rural Residential District (2.5 acre minimum) PC Private Club District A Agricultural District E. Shoreland Management Overlay District. This District is an overlay district upon all other districts, and includes all land located within the City of Dellwood. Development within this District is governed by the provisions of this Ordinance and subject to th…
Market overview
Demographics & Economy
Dellwood, MN has 39,205 residents in 16,156 households. Density runs 1,585 people per square mile. Median household income here is $97,211 and median gross rent $1,494 a month.
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Mahtomedi | — | — |
| White Bear Lake | — | — |
| White Bear Township | — | — |
| Willernie | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Dellwood?
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: 1,791 zoned acres across 4 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
