Commercial Real Estate Market in Spring Lake Park, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
3 active listings and 194 off-market properties in Spring Lake Park, MN.
Market Trends
Spring Lake Park, MN spans 9.9 square miles in Anoka County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Spring Lake Park, 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 Spring Lake Park, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Spring Lake Park, 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 space in Spring Lake Park, MN asks $185/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Spring Lake Park, MN has 33,022 residents in 13,575 households. Density runs 3,343 people per square mile. Median household income here is $77,985 and median gross rent $1,308 a month.
33,022
Population
13,575
Households
2.4
Avg Household Size
37
Median Age
30%
College-Educated
92%
High-School Grad
9.9 sq mi
ZIP Area
3,343
Density / Sq Mi
$77,985
Median Household Income
$48,417
Median Earnings
$1,308
Median Rent
$278,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Mounds View | — | — |
| New Brighton | — | — |
| Blaine | — | — |
| Fridley | — | — |
Frequently Asked Questions
Where does Realmo's Spring Lake Park market data come from?
Realmo compiles Spring Lake Park, MN figures from 6 recent recorded sales, 2 active sale listings, 1 active lease listings, 194 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 1 active for-lease listings in Spring Lake Park, 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.
- 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
