Commercial Real Estate Market in Louis, MO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
1,485 active listings and 24,620 off-market properties in Louis, MO. Commercial property asks $70/SF to buy and $20.26/SF/Yr to lease.
Market Trends
Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Louis, MO asks $16.42/SF/Yr to lease. Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Average Lease Price $/SF/Yr
Listings
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Louis, MO runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Louis, 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 Louis, MO runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Saint Louis | — | $20.26 |
| Jennings | $100 (county avg) | — |
Commercial property in Louis, MO asks $70/SF. That compares with $100/SF in Jennings.
Frequently Asked Questions
What is the average price per square foot for commercial property in Louis?
Commercial property in Louis, MO asks an average of $70 per square foot. The 3 most recent recorded sales traded at a median of $139/SF.
How much does it cost to lease commercial space in Louis?
Asking lease rates in Louis, MO average $20.26 per square foot per year. Office asks $16.42/SF/Yr as of Q2 26, down from $18.91/SF/Yr in Q1 26.
How does Louis compare to nearby markets on price?
Louis, MO asks $70/SF against $100/SF in Jennings.
Where does Realmo's Louis market data come from?
Realmo compiles Louis, MO figures from 6 recent recorded sales, 1,084 active sale listings, 401 active lease listings, 24,620 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1,084 active for-sale and 401 active for-lease listings in Louis, 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.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 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 30 September 2026 · How Realmo checks market page data · Report a data issue
