Commercial Real Estate Market in Independence, MO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
265 active listings and 2,742 off-market properties in Independence, MO. Commercial property asks $76/SF to buy and $14.00/SF/Yr to lease.
Market Trends
Independence, MO spans 105.1 square miles in Jackson County, Missouri. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Independence, 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 Independence, MO runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Independence, 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 Independence, 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 66%
- Industrial 17.3%
- Planned_development 9.8%
- Commercial 5.6%
- Mixed use 1.2%
- Agricultural 0.1%
Largest Zones share of zoned land by district
Single Family Residential
Residential Agricultural
Industrial
Heavy Industrial
Two Family Residential
Independence, MO zones 44,254 acres across 40 districts. Commercial zoning covers 5.6% of zoned land, residential 66% and industrial 17.3%. The largest single district is Single Family Residential at 32.5%. For commercial buyers the practical constraint is that only 22.9% of land carries a commercial or industrial designation.
Single Family Residential (R-6)
The Single Family Residential district is intended to create, maintain and promote a variety of housing opportunities for individual households and to maintain the desired physical character of existing neighborhoods and developing areas
Market overview
Demographics & Economy
Independence, MO has 129,173 residents in 58,116 households. Density runs 1,229 people per square mile. Median household income here is $60,889 and median gross rent $1,100 a month.
129,173
Population
58,116
Households
2.2
Avg Household Size
40
Median Age
20%
College-Educated
90%
High-School Grad
105.1 sq mi
ZIP Area
1,229
Density / Sq Mi
$60,889
Median Household Income
$39,263
Median Earnings
$1,100
Median Rent
$162,301
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Sugar Creek | — | — |
| Birmingham | — | — |
| Raytown | — | — |
| Randolph | — | — |
Commercial property in Independence, MO asks $76/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Independence?
Commercial property in Independence, MO asks an average of $76 per square foot.
How much does it cost to lease commercial space in Independence?
Asking lease rates in Independence, MO average $14.00 per square foot per year.
What zoning applies to commercial property in Independence?
Independence, MO zones 44,254 acres across 40 districts, of which 5.6% is commercial and 17.3% industrial. The largest single district is Single Family Residential at 32.5% of zoned land. The Single Family Residential district is intended to create, maintain and promote a variety of housing opportunities for individual households and to maintain the desired physical character of existing neighborhoods and developing areas Residential zoning covers 66% and open space 0%.
Where does Realmo's Independence market data come from?
Realmo compiles Independence, MO figures from 219 active sale listings, 46 active lease listings, 2,742 tracked off-market properties, the current Independence zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 219 active for-sale and 46 active for-lease listings in Independence, 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: 44,254 zoned acres across 40 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
