Commercial Real Estate Market in Bellwood, NE
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
9 active listings and 43 off-market properties in Bellwood, NE.
Market Trends
Bellwood, NE spans 71.0 square miles in Butler County, Nebraska. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Bellwood, NE runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Bellwood, NE runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Bellwood, NE 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 Bellwood, NE 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 85.9%
- Industrial 8.3%
- Commercial 5.7%
Largest Zones share of zoned land by district
Urban Residential
Industrial
General Commercial
Suburban Residential
Highway Commercial
Bellwood, NE zones 144 acres across 5 districts. Commercial zoning covers 5.7% of zoned land, residential 85.9% and industrial 8.3%. The largest single district is Urban Residential at 82.4%. For commercial buyers the practical constraint is that only 14.1% of land carries a commercial or industrial designation.
Urban Residential (R-2)
The district is established for the purposes of protecting the existing residential areas within and around the village from encroachment by incompatible land uses and encouraging the development of nonagricultural housing of varying types and densities and related uses in areas of land near the village of Bellwood.
Market overview
Demographics & Economy
Bellwood, NE has 1,012 residents in 552 households. Density runs 14 people per square mile. Median household income here is $73,958 and median gross rent $735 a month.
1,012
Population
552
Households
1.8
Avg Household Size
45
Median Age
13%
College-Educated
91%
High-School Grad
71 sq mi
ZIP Area
14
Density / Sq Mi
$73,958
Median Household Income
$44,517
Median Earnings
$735
Median Rent
$150,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Richland | — | — |
| Columbus | — | — |
| Rising City | — | — |
| Octavia | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Bellwood?
Bellwood, NE zones 144 acres across 5 districts, of which 5.7% is commercial and 8.3% industrial. The largest single district is Urban Residential at 82.4% of zoned land. The district is established for the purposes of protecting the existing residential areas within and around the village from encroachment by incompatible land uses and encouraging the development of nonagricultural housing of varying types and densities and related uses in areas of land near the village of Bellwood. Residential zoning covers 85.9% and open space 0%.
Where does Realmo's Bellwood market data come from?
Realmo compiles Bellwood, NE figures from 9 active sale listings, 43 tracked off-market properties, the current Bellwood zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 9 active for-sale and 0 active for-lease listings in Bellwood, NE. 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: 144 zoned acres across 5 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
