Commercial Real Estate Market in Odessa, MO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
18 active listings and 278 off-market properties in Odessa, MO.
Market Trends
Odessa, MO spans 124.3 square miles in Lafayette County, Missouri. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Odessa, MO runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Odessa, MO runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Odessa, 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 Odessa, 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 52.4%
- Industrial 27.1%
- Commercial 17.1%
- Agricultural 3.4%
Largest Zones share of zoned land by district
Odessa, MO zones 2,502 acres across 9 districts. Commercial zoning covers 17.1% of zoned land, residential 52.4% and industrial 27.1%. The largest single district is Single Family Dwelling at 43.7%. For commercial buyers the practical constraint is that only 44.2% of land carries a commercial or industrial designation.
DIVISION 2. - R-1 SINGLE-FAMILY DWELLING DISTRICT Sec. 50-55. - General description. The principal use of land is for single-family dwellings and related recreational, religious and educational facilities normally required to provide the basic elements of a balanced and attractive residential area. It has been sub-divided based on minimum lot size and allowa…
Market overview
Demographics & Economy
Odessa, MO has 9,863 residents in 3,752 households. Density runs 79 people per square mile. Median household income here is $81,058 and median gross rent $961 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Odessa?
What zoning applies to commercial property in Odessa?
Where does Realmo's Odessa market data come from?
Methodology & data sources
- Asking prices and medians
- There are 17 active for-sale and 1 active for-lease listings in Odessa, MO. The sale median is based on 3 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. 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: 2,502 zoned acres across 9 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
