Commercial Real Estate Market in Lebanon, MO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
165 active listings and 820 off-market properties in Lebanon, MO. Commercial property asks $12/SF to buy and $13.78/SF/Yr to lease.
Market Trends
Lebanon, MO spans 402.2 square miles in Laclede County, Missouri. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lebanon, MO runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail space in Lebanon, MO asks $127/SF to buy. Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Lebanon, 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 Lebanon, 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 63.5%
- Commercial 21.6%
- Industrial 14.9%
Largest Zones share of zoned land by district
Residential 1
Residential 2
General Commercial
Light Industrial
Limited Commercial
Lebanon, MO zones 9,325 acres across 13 districts. Commercial zoning covers 21.6% of zoned land, residential 63.5% and industrial 14.9%. The largest single district is Residential 1 at 37.5%. For commercial buyers the practical constraint is that only 36.5% of land carries a commercial or industrial designation.
Residential 2 (RS-2)
Two-family and multiple-family uses are permitted as conditional uses in RS-2 residential and commercial districts. Density, yard, and parking regulations would ensure good living conditions in these areas. Much of present-day building is by large projects instead of lot by lot. The regulations provide for planned unit developments which may be located in an…
Market overview
Demographics & Economy
Lebanon, MO has 29,550 residents in 13,156 households. Density runs 73 people per square mile. Median household income here is $50,902 and median gross rent $805 a month.
29,550
Population
13,156
Households
2.2
Avg Household Size
40
Median Age
16%
College-Educated
86%
High-School Grad
402.2 sq mi
ZIP Area
73
Density / Sq Mi
$50,902
Median Household Income
$35,140
Median Earnings
$805
Median Rent
$159,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Phillipsburg | — | — |
| Stoutland | — | — |
| Eldridge | — | — |
| Long Lane | — | — |
Commercial property in Lebanon, MO asks $12/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lebanon?
Commercial property in Lebanon, MO asks an average of $12 per square foot. Retail carries the highest asking price at $127/SF.
How much does it cost to lease commercial space in Lebanon?
Asking lease rates in Lebanon, MO average $13.78 per square foot per year.
What zoning applies to commercial property in Lebanon?
Lebanon, MO zones 9,325 acres across 13 districts, of which 21.6% is commercial and 14.9% industrial. The largest single district is Residential 1 at 37.5% of zoned land. Residential zoning covers 63.5% and open space 0%.
Where does Realmo's Lebanon market data come from?
Realmo compiles Lebanon, MO figures from 157 active sale listings, 8 active lease listings, 820 tracked off-market properties, the current Lebanon zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 157 active for-sale and 8 active for-lease listings in Lebanon, 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: 9,325 zoned acres across 13 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
