Commercial Real Estate Market in Independence, MO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
152 active listings and 2,738 off-market properties in Independence, MO. Commercial property asks $181/SF to buy (based on 9 listings) and $14.50/SF/Yr to lease (based on 7 listings).
Market Trends
Independence, MO spans 105.1 square miles in Jackson County, Missouri. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Independence, MO runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Independence, MO has a median asking sale price of $311/SF (based on 4 listings). Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
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%.
Multifamily
Multifamily vacancy in Independence, MO 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 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
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.
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.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Independence?
How much does it cost to lease commercial space in Independence?
What zoning applies to commercial property in Independence?
Where does Realmo's Independence market data come from?
Methodology & data sources
- Asking prices and medians
- There are 107 active for-sale and 45 active for-lease listings in Independence, MO. The medians are based on 9 of the for-sale and 7 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: 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 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
