Commercial Real Estate Market in Ashland, MO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
12 active listings and 170 off-market properties in Ashland, MO.
Market Trends
Ashland, MO spans 60.7 square miles in Boone County, Missouri. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Ashland, MO runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Ashland, MO runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Ashland, 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 vacancy in Ashland, MO 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 31.5%
- Commercial 26.9%
- Industrial 24.9%
- Agricultural 15.2%
- Civic 1.3%
- Mixed use 0.1%
Largest Zones share of zoned land by district
General Commercial
Low Density Residential
Airport Planned Industrial
Agriculture
Moderate Density Residential
Ashland, MO zones 3,968 acres across 10 districts. Commercial zoning covers 26.9% of zoned land, residential 31.5% and industrial 24.9%. The largest single district is General Commercial at 26.9%. For commercial buyers the practical constraint is that only 51.8% of land carries a commercial or industrial designation.
General Commercial (C-G)
General Commercial (C-G) ● Public: Parks and Open Space (P-O) There are no parking requirements for P-O Public District Light Industrial District (I-L) ● General Industrial District (I-G) ● Agriculture District (A-1) There are no parking requirements for A-1 Agricultural A. Uses Not Specified Where parking is not specified for a specific use, the minimum par…
Market overview
Demographics & Economy
Ashland, MO has 7,128 residents in 3,092 households. Density runs 117 people per square mile. Median household income here is $93,025 and median gross rent $1,180 a month.
7,128
Population
3,092
Households
2.3
Avg Household Size
36
Median Age
41%
College-Educated
93%
High-School Grad
60.7 sq mi
ZIP Area
117
Density / Sq Mi
$93,025
Median Household Income
$53,900
Median Earnings
$1,180
Median Rent
$274,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Elkhurst | — | — |
| Deer Park | — | — |
| Wilton | — | — |
| Hartsburg | — | — |
Commercial property in Ashland, MO asks $552/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Ashland?
Commercial property in Ashland, MO asks an average of $552 per square foot.
What zoning applies to commercial property in Ashland?
Ashland, MO zones 3,968 acres across 10 districts, of which 26.9% is commercial and 24.9% industrial. The largest single district is General Commercial at 26.9% of zoned land. General Commercial (C-G) ● Public: Parks and Open Space (P-O) There are no parking requirements for P-O Public District Light Industrial District (I-L) ● General Industrial District (I-G) ● Agriculture District (A-1) There are no parking requirements for A-1 Agricultural A. Uses Not Specified Where parking is not specified for a specific use, the minimum par… Residential zoning covers 31.5% and open space 0%.
Where does Realmo's Ashland market data come from?
Realmo compiles Ashland, MO figures from 11 active sale listings, 1 active lease listings, 170 tracked off-market properties, the current Ashland zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 11 active for-sale and 1 active for-lease listings in Ashland, 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.
- 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: 3,968 zoned acres across 10 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
