Commercial Real Estate Market in Glenvil, NE
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Glenvil, NE spans 94.6 square miles in Clay County, Nebraska. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Glenvil, 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 Glenvil, NE runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Glenvil, 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 Glenvil, 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 75.2%
- Industrial 9.6%
- Open space 9.4%
- Commercial 5.9%
Largest Zones share of zoned land by district
Urban Residential
Industrial
Parks Or Recreational
General Commercial
Glenvil, NE zones 92 acres across 4 districts. Commercial zoning covers 5.9% of zoned land, residential 75.2%, open space 9.4% and industrial 9.6%. The largest single district is Urban Residential at 75.2%. For commercial buyers the practical constraint is that only 15.4% of land carries a commercial or industrial designation.
Urban Residential (R-2)
SECTION 411 R-2 - URBAN RESIDENTIAL DISTRICT 411.01 INTENT: This district is established, to provide areas for residential living uses within the incorporated Villages of Clay County which, while providing flexibility in the type and density of housing, will avoid land use and building mass conflicts and promote and encourage stable residential neighborhoods…
Market overview
Demographics & Economy
Glenvil, NE has 718 residents in 382 households. Density runs 8 people per square mile. Median household income here is $70,000 and median gross rent $908 a month.
718
Population
382
Households
1.9
Avg Household Size
45
Median Age
13%
College-Educated
96%
High-School Grad
94.6 sq mi
ZIP Area
8
Density / Sq Mi
$70,000
Median Household Income
$48,201
Median Earnings
$908
Median Rent
$221,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Inland | — | — |
| Pauline | — | — |
| Little Blue | — | — |
| Hastings | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Glenvil?
Glenvil, NE zones 92 acres across 4 districts, of which 5.9% is commercial and 9.6% industrial. The largest single district is Urban Residential at 75.2% of zoned land. SECTION 411 R-2 - URBAN RESIDENTIAL DISTRICT 411.01 INTENT: This district is established, to provide areas for residential living uses within the incorporated Villages of Clay County which, while providing flexibility in the type and density of housing, will avoid land use and building mass conflicts and promote and encourage stable residential neighborhoods… Residential zoning covers 75.2% and open space 9.4%.
Methodology & data sources
- 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: 92 zoned acres across 4 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
