Commercial Real Estate Market in Eagan, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
96 active listings and 821 off-market properties in Eagan, MN. Commercial property asks $222/SF to buy (based on 3 listings) and $14.50/SF/Yr to lease (based on 5 listings).
Market Trends
Eagan, MN spans 36.5 square miles in Dakota County, Minnesota. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Eagan, MN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Eagan, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Eagan, 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 Eagan, 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 30.7%
- Planned_development 27.6%
- Open space 23.9%
- Industrial 11%
- Civic 3.3%
- Agricultural 2%
- Commercial 1.4%
- Mixed use 0.2%
Largest Zones share of zoned land by district
PD Planned Development District. A. Intent. 1. Providing greater flexibility in environmental design and relaxation of strict application of the zoning ordinance in exchange for greater creativity and environmental sensitivity. 2. Recognizing the economic and cultural advantages that will accrue to the residents of a planned community. 3. Encouraging a more…
Market overview
Demographics & Economy
Eagan, MN has 73,577 residents in 30,640 households. Density runs 2,013 people per square mile. Median household income here is $109,097 and median gross rent $1,595 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Eagan?
How much does it cost to lease commercial space in Eagan?
Where does Realmo's Eagan market data come from?
Methodology & data sources
- Asking prices and medians
- There are 24 active for-sale and 72 active for-lease listings in Eagan, MN. The medians are based on 3 of the for-sale and 5 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 19,091 zoned acres across 19 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
