Commercial Real Estate Market in Kasota, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Kasota, MN spans 23.1 square miles in Le Sueur County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Kasota, 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 Kasota, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Kasota, 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 Kasota, 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 42.8%
- Industrial 39.5%
- Special 13.6%
- Open space 2.3%
- Commercial 1.8%
Largest Zones share of zoned land by district
General Industrial
One Family Residential
Flood Plain
One Family Residential
Park
Kasota, MN zones 799 acres across 9 districts. Commercial zoning covers 1.8% of zoned land, residential 42.8%, open space 2.3% and industrial 39.5%. The largest single district is General Industrial at 39.5%. For commercial buyers the practical constraint is that only 41.3% of land carries a commercial or industrial designation.
General Industrial (I-1)
The General Industry District (I-1) is to provide areas in the City which will permit industry at levels that will not impair the traffic carrying capabilities of abutting thoroughfares and encourage development that is compatible with surrounding or abutting Districts.
Market overview
Demographics & Economy
Kasota, MN has 1,531 residents in 630 households. Density runs 66 people per square mile. Median household income here is $85,000 and median gross rent $649 a month.
1,531
Population
630
Households
2.4
Avg Household Size
45
Median Age
31%
College-Educated
93%
High-School Grad
23.1 sq mi
ZIP Area
66
Density / Sq Mi
$85,000
Median Household Income
$44,550
Median Earnings
$649
Median Rent
$308,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Saint Peter | — | — |
| North Mankato | — | $23.33 |
| Cleveland | — | — |
| Mankato | — | $10.50 |
Frequently Asked Questions
What zoning applies to commercial property in Kasota?
Kasota, MN zones 799 acres across 9 districts, of which 1.8% is commercial and 39.5% industrial. The largest single district is General Industrial at 39.5% of zoned land. The General Industry District (I-1) is to provide areas in the City which will permit industry at levels that will not impair the traffic carrying capabilities of abutting thoroughfares and encourage development that is compatible with surrounding or abutting Districts. Residential zoning covers 42.8% and open space 2.3%.
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: 799 zoned acres across 9 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
