Commercial Real Estate Market in Alba, MO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 14 off-market properties in Alba, MO.
Market Trends
Alba, MO spans 1.5 square miles in Jasper County, Missouri. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Alba, MO asks $89/SF to buy. Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Retail
Retail space in Alba, MO asks $89/SF to buy. Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Alba, MO 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 Alba, MO asks $103/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
Alba, MO has 618 residents in 314 households. Density runs 406 people per square mile. Median household income here is $55,125 and median gross rent $843 a month.
618
Population
314
Households
2
Avg Household Size
34
Median Age
14%
College-Educated
74%
High-School Grad
1.5 sq mi
ZIP Area
406
Density / Sq Mi
$55,125
Median Household Income
$35,662
Median Earnings
$843
Median Rent
$87,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Purcell | $96 (county avg) | — |
| Neck City | $96 (county avg) | — |
| Oronogo | $96 (county avg) | — |
| Brooklyn Heights | $96 (county avg) | — |
Commercial property in Alba, MO asks $96/SF. The 4 bordering markets run from $96/SF in Purcell to $96/SF in Purcell, and the city sits in line with their $96/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Alba?
Commercial property in Alba, MO asks an average of $96 per square foot. Multifamily carries the highest asking price at $103/SF.
How does Alba compare to nearby markets on price?
Alba, MO asks $96/SF against $96/SF in Purcell, $96/SF in Neck City, $96/SF in Oronogo and $96/SF in Brooklyn Heights.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Alba, MO. 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.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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
