Commercial Real Estate Market in Nevada, MO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
52 active listings and 578 off-market properties in Nevada, MO.
Market Trends
Nevada, MO spans 129.0 square miles in Vernon County, Missouri. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Nevada, 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 Nevada, MO runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Nevada, 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 Nevada, 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
- Civic 77.3%
- Industrial 21.5%
- Commercial 1.2%
Largest Zones share of zoned land by district
Single Family Dwelling
Heavy Industrial
Commercial
Light Industrial
Apartment House
Single Family Dwelling (R-1)
ARTICLE II. - R-1 SINGLE-FAMILY DWELLING DISTRICT Sec. 37-15. - Use regulations. In district R-1, no building, structure, land or premises shall be used, and no building or structure shall be hereafter erected, constructed, reconstructed, moved or altered, except for one or more of the following uses: (a) Dwellings, one-family. (b) Churches and publicly owne…
Market overview
Demographics & Economy
Nevada, MO has 12,897 residents in 6,054 households. Density runs 100 people per square mile. Median household income here is $56,194 and median gross rent $725 a month.
12,897
Population
6,054
Households
2.1
Avg Household Size
39
Median Age
19%
College-Educated
90%
High-School Grad
129 sq mi
ZIP Area
100
Density / Sq Mi
$56,194
Median Household Income
$32,000
Median Earnings
$725
Median Rent
$137,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Milo | — | — |
| Walker | — | — |
| Moundville | — | — |
| Horton | — | — |
Commercial property in Nevada, MO asks $15/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Nevada?
Commercial property in Nevada, MO asks an average of $15 per square foot.
Where does Realmo's Nevada market data come from?
Realmo compiles Nevada, MO figures from 50 active sale listings, 2 active lease listings, 578 tracked off-market properties, the current Nevada zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 50 active for-sale and 2 active for-lease listings in Nevada, 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: 4,459 zoned acres across 14 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
