Commercial Real Estate Market in Warroad, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
7 active listings and 129 off-market properties in Warroad, MN.
Market Trends
Warroad, MN spans 262.9 square miles in Roseau County, Minnesota. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Warroad, 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 Warroad, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Warroad, 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 Warroad, 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
- Open space 25.8%
- Residential 23.5%
- Industrial 13.9%
- Commercial 9.4%
Largest Zones share of zoned land by district
No Zoning
Public Recreation And Forest Reserve District
Low Density Residence District
Automotive Service Commercial District
Medium Density Multiple Dwelling Residence District
Warroad, MN zones 2,065 acres across 7 districts. Commercial zoning covers 9.4% of zoned land, residential 23.5%, open space 25.8% and industrial 13.9%. The largest single district is No Zoning at 27.4%. For commercial buyers the practical constraint is that only 23.3% of land carries a commercial or industrial designation.
Public Recreation And Forest Reserve District (P-1)
The P-1 Public Recreation and Forest Reserve District is intended to recognize and protect those areas within the municipality which are best suited for active and passive recreation and which will effectively contribute to the development and community growth pattern as proposed in the comprehensive land use plan. (Ord. passed - - ; Am. Ord. passed 4-24-12)
Market overview
Demographics & Economy
Warroad, MN has 5,132 residents in 2,347 households. Density runs 20 people per square mile. Median household income here is $70,357 and median gross rent $830 a month.
5,132
Population
2,347
Households
2.2
Avg Household Size
41
Median Age
21%
College-Educated
92%
High-School Grad
262.9 sq mi
ZIP Area
20
Density / Sq Mi
$70,357
Median Household Income
$47,471
Median Earnings
$830
Median Rent
$184,700
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Warroad?
Commercial property in Warroad, MN asks an average of $805 per square foot.
What zoning applies to commercial property in Warroad?
Warroad, MN zones 2,065 acres across 7 districts, of which 9.4% is commercial and 13.9% industrial. The largest single district is No Zoning at 27.4% of zoned land. Residential zoning covers 23.5% and open space 25.8%.
Where does Realmo's Warroad market data come from?
Realmo compiles Warroad, MN figures from 7 active sale listings, 129 tracked off-market properties, the current Warroad zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 7 active for-sale and 0 active for-lease listings in Warroad, 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: 2,065 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 30 September 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 30 September 2026 · report a data issue
