Commercial Real Estate Market in Gaylord, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
6 active listings and 152 off-market properties in Gaylord, MN.
Market Trends
Gaylord, MN spans 84.9 square miles in Sibley County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Gaylord, 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 Gaylord, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Gaylord, 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 Gaylord, 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 72.5%
- Industrial 15.7%
- Commercial 11.8%
Largest Zones share of zoned land by district
Agricultural Rural Residence
Single And Two Family Residential
Heavy Industrial
Multiple Family Residential
Highway Commercial
Gaylord, MN zones 2,705 acres across 8 districts. Commercial zoning covers 11.8% of zoned land, residential 72.5% and industrial 15.7%. The largest single district is Agricultural Rural Residence at 45.9%. For commercial buyers the practical constraint is that only 27.5% of land carries a commercial or industrial designation.
Agricultural Rural Residence (A)
The intent of the A-1 District is to allow for single-family residential development
Market overview
Demographics & Economy
Gaylord, MN has 2,885 residents in 1,260 households. Density runs 34 people per square mile. Median household income here is $70,150 and median gross rent $750 a month.
2,885
Population
1,260
Households
2.3
Avg Household Size
42
Median Age
14%
College-Educated
90%
High-School Grad
84.9 sq mi
ZIP Area
34
Density / Sq Mi
$70,150
Median Household Income
$44,911
Median Earnings
$750
Median Rent
$178,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Winthrop | — | — |
| Arlington | — | — |
| New Auburn | — | — |
| Lafayette | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Gaylord?
Gaylord, MN zones 2,705 acres across 8 districts, of which 11.8% is commercial and 15.7% industrial. The largest single district is Agricultural Rural Residence at 45.9% of zoned land. The intent of the A-1 District is to allow for single-family residential development Residential zoning covers 72.5% and open space 0%.
Where does Realmo's Gaylord market data come from?
Realmo compiles Gaylord, MN figures from 6 active sale listings, 152 tracked off-market properties, the current Gaylord zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 6 active for-sale and 0 active for-lease listings in Gaylord, 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: 2,705 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
