Commercial Real Estate Market in Wabasso, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Wabasso, MN spans 84.6 square miles in Redwood County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Wabasso, 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 Wabasso, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Wabasso, 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 Wabasso, 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
- Agricultural 40.6%
- Residential 38.8%
- Commercial 11.7%
- Industrial 8.9%
Largest Zones share of zoned land by district
Agriculture City
Residential
Light Industrial
Highway Business
Central Business
Agriculture City (A-1)
The purpose of A-1 zone is to provide for the establishment of agricultural uses
Market overview
Demographics & Economy
Wabasso, MN has 1,257 residents in 474 households. Density runs 15 people per square mile. Median household income here is $67,788 and median gross rent $633 a month.
1,257
Population
474
Households
2.7
Avg Household Size
43
Median Age
22%
College-Educated
95%
High-School Grad
84.6 sq mi
ZIP Area
15
Density / Sq Mi
$67,788
Median Household Income
$42,067
Median Earnings
$633
Median Rent
$175,000
Median Home Value
Tools
Nearby Markets
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: 543 zoned acres across 5 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
