Commercial Real Estate Market in Columbia, MO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
93 active listings and 3,500 off-market properties in Columbia, MO. Commercial property asks $136/SF to buy (based on 5 listings) and $15.50/SF/Yr to lease.
Market Trends
Columbia, MO spans 303.4 square miles in Boone County, Missouri. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Columbia, MO runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Columbia, MO runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
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%.
Multifamily
Multifamily space in Columbia, MO has a median asking sale price of $136/SF (based on 5 listings). Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
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
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.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Columbia?
How much does it cost to lease commercial space in Columbia?
Where does Realmo's Columbia market data come from?
Methodology & data sources
- Asking prices and medians
- There are 55 active for-sale and 38 active for-lease listings in Columbia, MO. The medians are based on 5 of the for-sale and 14 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
