Commercial Real Estate Market in Sebeka, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
5 active listings and 74 off-market properties in Sebeka, MN.
Market Trends
Sebeka, MN spans 250.7 square miles in Wadena County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Sebeka, 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 Sebeka, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Sebeka, 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 Sebeka, 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 34.4%
- Commercial 10%
- Industrial 4.7%
Largest Zones share of zoned land by district
Open
Residential 1
Commercial
City
Industrial
Open (O)
SECTION IX. O OPEN DEVELOPMENT A. PURPOSE The purpose of the Open Development is to allow for future planning of all lands in the City of Sebeka not classified or lands hereafter annexed shall become an Open Development District and shall remain so until re zoned by the Council. B. PERMITTED USES 1. All uses permitted in the R-1, R-2 and R-3 Districts (Amend…
Market overview
Demographics & Economy
Sebeka, MN has 2,771 residents in 1,394 households. Density runs 11 people per square mile. Median household income here is $54,028 and median gross rent $665 a month.
2,771
Population
1,394
Households
2
Avg Household Size
43
Median Age
14%
College-Educated
92%
High-School Grad
250.7 sq mi
ZIP Area
11
Density / Sq Mi
$54,028
Median Household Income
$36,904
Median Earnings
$665
Median Rent
$171,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Menahga | — | — |
| Nimrod | — | — |
| Bluffton | — | — |
| Wadena | — | — |
Commercial property in Sebeka, MN asks $119/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Sebeka?
Commercial property in Sebeka, MN asks an average of $119 per square foot. The 3 most recent recorded sales traded at a median of $22/SF, so asking sits 455% above the achieved median.
Where does Realmo's Sebeka market data come from?
Realmo compiles Sebeka, MN figures from 6 recent recorded sales, 5 active sale listings, 74 tracked off-market properties, the current Sebeka zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 0 active for-lease listings in Sebeka, 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: 1,583 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, industrial vacancy is reported at Midwest region level and asking prices run materially above recent closed pricing.
- 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
