Commercial Real Estate Market in Union, MO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
8 active listings and 513 off-market properties in Union, MO.
Market Trends
Union, MO spans 76.3 square miles in Franklin County, Missouri. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Union, MO runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Union, MO runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Union, 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 Union, 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
- Industrial 34%
- Residential 26.4%
- Commercial 24.5%
Largest Zones share of zoned land by district
Union, MO zones 5,787 acres across 10 districts. Commercial zoning covers 24.5% of zoned land, residential 26.4% and industrial 34%. The largest single district is Highway Business at 22.7%. For commercial buyers the practical constraint is that only 58.5% of land carries a commercial or industrial designation.
Uses Permitted in "B-2" Zoning District With Conditional Use Permit. [R.O. 2012 §405.660] A. Any application for a conditional use permit in a "B-2" Zoning District must be accompanied by a proposed use or development plan. All procedural and substantive requirements for other types of conditional use permits shall be applicable to conditional use permits fo…
Market overview
Demographics & Economy
Union, MO has 19,500 residents in 8,511 households. Density runs 256 people per square mile. Median household income here is $72,332 and median gross rent $852 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Union?
What zoning applies to commercial property in Union?
Where does Realmo's Union market data come from?
Methodology & data sources
- Asking prices and medians
- There are 7 active for-sale and 1 active for-lease listings in Union, 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: 5,787 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 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