Commercial Real Estate Market in Odessa, MO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
83 active listings and 286 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 August 2026.
Office
Office vacancy in Odessa, 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 Odessa, MO runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
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%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Odessa, 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 52.4%
- Industrial 27.1%
- Commercial 17.1%
- Agricultural 3.4%
Largest Zones share of zoned land by district
Single Family Dwelling
Light Industrial
Highway Commercial
General Industrial
General Commercial
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.
Single Family Dwelling (R-1)
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.
9,863
Population
3,752
Households
2.6
Avg Household Size
39
Median Age
23%
College-Educated
94%
High-School Grad
124.3 sq mi
ZIP Area
79
Density / Sq Mi
$81,058
Median Household Income
$43,002
Median Earnings
$961
Median Rent
$226,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lake Lafayette | — | — |
| Bates City | — | — |
| Mayview | — | — |
| Wellington | — | — |
Commercial property in Odessa, MO asks $24/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Odessa?
Commercial property in Odessa, MO asks an average of $24 per square foot.
What zoning applies to commercial property in Odessa?
Odessa, MO zones 2,502 acres across 9 districts, of which 17.1% is commercial and 27.1% industrial. The largest single district is Single Family Dwelling at 43.7% of zoned land. 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… Residential zoning covers 52.4% and open space 0%.
Where does Realmo's Odessa market data come from?
Realmo compiles Odessa, MO figures from 82 active sale listings, 1 active lease listings, 286 tracked off-market properties, the current Odessa zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 82 active for-sale and 1 active for-lease listings in Odessa, 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: 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 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
