Commercial Real Estate Market in Gering, NE
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
14 active listings and 453 off-market properties in Gering, NE.
Market Trends
Gering, NE spans 206.9 square miles in Scotts Bluff County, Nebraska. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Gering, 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 Gering, NE runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Gering, 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 Gering, 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 64.9%
- Agricultural 16%
- Industrial 12.9%
- Commercial 2.6%
Largest Zones share of zoned land by district
Residential Medium Density District
Heavy Industrial District
Agriculture District
Light Industrial District
General Commercial District
Gering, NE zones 4,461 acres across 10 districts. Commercial zoning covers 2.6% of zoned land, residential 64.9% and industrial 12.9%. The largest single district is Residential Medium Density District at 30%. For commercial buyers the practical constraint is that only 15.4% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Gering, NE has 11,091 residents in 4,648 households. Density runs 54 people per square mile. Median household income here is $70,142 and median gross rent $815 a month.
11,091
Population
4,648
Households
2.4
Avg Household Size
40
Median Age
27%
College-Educated
91%
High-School Grad
206.9 sq mi
ZIP Area
54
Density / Sq Mi
$70,142
Median Household Income
$40,497
Median Earnings
$815
Median Rent
$169,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Terrytown | — | — |
| Haig | — | — |
| Melbeta | — | — |
| Minatare | — | — |
Commercial property in Gering, NE asks $178/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Gering?
Commercial property in Gering, NE asks an average of $178 per square foot. The 6 most recent recorded sales traded at a median of $97/SF, so asking sits 83% above the achieved median.
What zoning applies to commercial property in Gering?
Gering, NE zones 4,461 acres across 10 districts, of which 2.6% is commercial and 12.9% industrial. The largest single district is Residential Medium Density District at 30% of zoned land. Residential zoning covers 64.9% and open space 0%.
Where does Realmo's Gering market data come from?
Realmo compiles Gering, NE figures from 7 recent recorded sales, 13 active sale listings, 1 active lease listings, 453 tracked off-market properties, the current Gering zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 13 active for-sale and 1 active for-lease listings in Gering, 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: 4,461 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 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
