Commercial Real Estate Market in Newfolden, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Newfolden, MN spans 181.6 square miles in Marshall County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Newfolden, 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 Newfolden, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Newfolden, 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 Newfolden, 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 73.5%
- Industrial 12.2%
- Special 7.5%
- Civic 6%
- Open space 0.8%
Largest Zones share of zoned land by district
Agricultural
General Residential District
Commercial And Industrial District
Rural Landscape Residential District
Greenway District
Newfolden, MN zones 676 acres across 8 districts. The largest single district is Agricultural at 39.9%. For commercial buyers the practical constraint is that only 12.2% of land carries a commercial or industrial designation.
General Residential District (GR)
GR - General Residential DR - High Density Residential AR - Agriculture Residential RL - Rural Landscape Residential CM - Commercial and Industrial PR - Parks and Recreation GW - Greenway AG - General Agriculture B. The districts above named are hereby established and sh own on the map which shall be referred to as the "Official Zoning Map", and which map is…
Market overview
Demographics & Economy
Newfolden, MN has 1,306 residents in 616 households. Density runs 7 people per square mile. Median household income here is $70,962 and median gross rent $700 a month.
1,306
Population
616
Households
2.1
Avg Household Size
41
Median Age
18%
College-Educated
93%
High-School Grad
181.6 sq mi
ZIP Area
7
Density / Sq Mi
$70,962
Median Household Income
$45,455
Median Earnings
$700
Median Rent
$180,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Holt | — | — |
| Middle River | — | — |
| Viking | — | — |
| Strandquist | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Newfolden?
Newfolden, MN zones 676 acres across 8 districts, of which 0% is commercial and 12.2% industrial. The largest single district is Agricultural at 39.9% of zoned land. Residential zoning covers 73.5% and open space 0.8%.
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: 676 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
