Commercial Real Estate Market in Marshall, MO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
28 active listings and 588 off-market properties in Marshall, MO.
Market Trends
Marshall, MO spans 254.0 square miles in Saline County, Missouri. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Marshall, 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 Marshall, MO runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Marshall, 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 Marshall, 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 46.7%
- Agricultural 25.2%
- Industrial 17%
- Commercial 10.1%
- Planned_development 1.1%
Largest Zones share of zoned land by district
Single Family Residential District
Agricultural District
Heavy Industrial District
Residential District
Highway Business District
Marshall, MO zones 6,536 acres across 10 districts. Commercial zoning covers 10.1% of zoned land, residential 46.7% and industrial 17%. The largest single district is Single Family Residential District at 34%. For commercial buyers the practical constraint is that only 27.1% of land carries a commercial or industrial designation.
Single Family Residential District (R-1)
R-1 district is intended to be a setting for a predominance of low -density and large -lot housing, typically in transitional locations between more intense suburban residential development and rural or open lands. i. Single-family detached dwellings § 4.1 ii. Single-family attached dwellings § 4.1 iii. Two-family dwellings § 4.11 iv. Municipal or public…
Market overview
Demographics & Economy
Marshall, MO has 16,488 residents in 6,293 households. Density runs 65 people per square mile. Median household income here is $56,534 and median gross rent $765 a month.
16,488
Population
6,293
Households
2.6
Avg Household Size
34
Median Age
30%
College-Educated
87%
High-School Grad
254 sq mi
ZIP Area
65
Density / Sq Mi
$56,534
Median Household Income
$35,155
Median Earnings
$765
Median Rent
$151,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Cretcher | — | — |
| Napton | — | — |
| Marshall Junction | — | — |
| Nelson | — | — |
Commercial property in Marshall, MO asks $145/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Marshall?
Commercial property in Marshall, MO asks an average of $145 per square foot.
What zoning applies to commercial property in Marshall?
Marshall, MO zones 6,536 acres across 10 districts, of which 10.1% is commercial and 17% industrial. The largest single district is Single Family Residential District at 34% of zoned land. R-1 district is intended to be a setting for a predominance of low -density and large -lot housing, typically in transitional locations between more intense suburban residential development and rural or open lands. i. Single-family detached dwellings § 4.1 ii. Single-family attached dwellings § 4.1 iii. Two-family dwellings § 4.11 iv. Municipal or public… Residential zoning covers 46.7% and open space 0%.
Where does Realmo's Marshall market data come from?
Realmo compiles Marshall, MO figures from 26 active sale listings, 2 active lease listings, 588 tracked off-market properties, the current Marshall zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 26 active for-sale and 2 active for-lease listings in Marshall, 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: 6,536 zoned acres across 10 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
