Commercial Real Estate Market in Columbia, MO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
206 active listings and 3,505 off-market properties in Columbia, MO. Commercial property asks $7/SF to buy and $16.09/SF/Yr to lease.
Market Trends
Columbia, MO spans 303.4 square miles in Boone County, Missouri. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Columbia, 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 Columbia, MO runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Columbia, 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 Columbia, 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 52.7%
- Planned_development 22.7%
- Agricultural 21.1%
- Mixed use 3.1%
- Industrial 0.2%
Largest Zones share of zoned land by district
One Family Dwelling
Agricultural
Planned Development
Industrial
Multiple Family Dwelling
One Family Dwelling (R-1)
R-1: One-family dwelling district. (i) Purpose. This district is intended to promote and preserve safe and attractive urban one-family residential neighborhoods. The principal land use is a one-family dwelling unit per lot. Some public recreational uses, religious facilities, educational facilities, and uses incidental or accessory to dwellings are included,…
Market overview
Demographics & Economy
Columbia, MO has 157,158 residents in 68,745 households. Density runs 518 people per square mile. Median household income here is $66,490 and median gross rent $1,066 a month.
157,158
Population
68,745
Households
2.3
Avg Household Size
31
Median Age
54%
College-Educated
95%
High-School Grad
303.4 sq mi
ZIP Area
518
Density / Sq Mi
$66,490
Median Household Income
$37,060
Median Earnings
$1,066
Median Rent
$255,210
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Prathersville | — | — |
| McBaine | — | — |
| Pierpont | — | — |
| Stephens | — | — |
Commercial property in Columbia, MO asks $7/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Columbia?
Commercial property in Columbia, MO asks an average of $7 per square foot.
How much does it cost to lease commercial space in Columbia?
Asking lease rates in Columbia, MO average $16.09 per square foot per year.
Where does Realmo's Columbia market data come from?
Realmo compiles Columbia, MO figures from 174 active sale listings, 32 active lease listings, 3,505 tracked off-market properties, the current Columbia zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 174 active for-sale and 32 active for-lease listings in Columbia, 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: 38,353 zoned acres across 14 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
