Commercial Real Estate Market in Plainview, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 316 off-market properties in Plainview, MN.
Market Trends
Plainview, MN spans 88.9 square miles in Wabasha County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Plainview, 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 Plainview, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Plainview, 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 Plainview, 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 58%
- Agricultural 18.8%
- Industrial 15.5%
- Commercial 4.6%
Largest Zones share of zoned land by district
One Family Dwelling
Agricultural
Industrial
Two Family Dwelling
Transition
Plainview, MN zones 1,391 acres across 7 districts. Commercial zoning covers 4.6% of zoned land, residential 58% and industrial 15.5%. The largest single district is One Family Dwelling at 46.8%. For commercial buyers the practical constraint is that only 20.1% of land carries a commercial or industrial designation.
One Family Dwelling (R-1)
The R-l Residential District is established to identify and protect both existing and future residential areas, where the single-family dwelling shall be the major use activity.
Market overview
Demographics & Economy
Plainview, MN has 4,520 residents in 1,793 households. Density runs 51 people per square mile. Median household income here is $72,765 and median gross rent $777 a month.
4,520
Population
1,793
Households
2.5
Avg Household Size
38
Median Age
27%
College-Educated
93%
High-School Grad
88.9 sq mi
ZIP Area
51
Density / Sq Mi
$72,765
Median Household Income
$41,901
Median Earnings
$777
Median Rent
$241,900
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
What zoning applies to commercial property in Plainview?
Plainview, MN zones 1,391 acres across 7 districts, of which 4.6% is commercial and 15.5% industrial. The largest single district is One Family Dwelling at 46.8% of zoned land. The R-l Residential District is established to identify and protect both existing and future residential areas, where the single-family dwelling shall be the major use activity. Residential zoning covers 58% and open space 0%.
Where does Realmo's Plainview market data come from?
Realmo compiles Plainview, MN figures from 8 recent recorded sales, 1 active sale listings, 316 tracked off-market properties, the current Plainview zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Plainview, 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: 1,391 zoned acres across 7 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
