Commercial Real Estate Market in Blair, NE
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
101 active listings and 545 off-market properties in Blair, NE. Commercial property asks $482/SF to buy and $8.00/SF/Yr to lease.
Market Trends
Blair, NE spans 124.0 square miles in Washington County, Nebraska. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Blair, 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 Blair, NE runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Blair, 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 Blair, 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
- Agricultural 78.9%
- Residential 12%
- Industrial 6.7%
- Commercial 2.1%
- Open space 0.3%
Largest Zones share of zoned land by district
General Agriculture
Agricultural Heavy Industrial And Manufacturing
Residential Medium Density
Residential Low Density
Agricultural Light Industrial And Manufacturing
General Agriculture (AGG)
The intent of this district is o recognize the transition between agricultural uses of land and the community to encourage the continued use of that land which is suitable for agriculture, but limit any land uses that may be detrimental to normal community expansion.
Market overview
Demographics & Economy
Blair, NE has 12,597 residents in 5,289 households. Density runs 102 people per square mile. Median household income here is $86,905 and median gross rent $933 a month.
12,597
Population
5,289
Households
2.4
Avg Household Size
42
Median Age
39%
College-Educated
97%
High-School Grad
124 sq mi
ZIP Area
102
Density / Sq Mi
$86,905
Median Household Income
$54,588
Median Earnings
$933
Median Rent
$254,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Kennard | — | — |
| Modale | — | — |
| Fort Calhoun | — | — |
| Herman | — | — |
Commercial property in Blair, NE asks $482/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Blair?
Commercial property in Blair, NE asks an average of $482 per square foot. The 6 most recent recorded sales traded at a median of $158/SF, so asking sits 205% above the achieved median.
How much does it cost to lease commercial space in Blair?
Asking lease rates in Blair, NE average $8.00 per square foot per year.
Where does Realmo's Blair market data come from?
Realmo compiles Blair, NE figures from 7 recent recorded sales, 95 active sale listings, 6 active lease listings, 545 tracked off-market properties, the current Blair zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 95 active for-sale and 6 active for-lease listings in Blair, 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: 22,617 zoned acres across 12 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, industrial vacancy is reported at Midwest region level and asking prices run materially above recent closed pricing.
- 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
