Commercial Real Estate Market in Pender, NE
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 124 off-market properties in Pender, NE.
Market Trends
Pender, NE spans 125.4 square miles in Thurston County, Nebraska. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Pender, 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 Pender, NE runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Pender, 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 Pender, 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 76.9%
- Commercial 11.6%
- Industrial 11.5%
Largest Zones share of zoned land by district
Single Family Residential
Single And Multifamily Residential
Industrial
Highway Commercial
General Commercial
Pender, NE zones 479 acres across 6 districts. Commercial zoning covers 11.6% of zoned land, residential 76.9% and industrial 11.5%. The largest single district is Single Family Residential at 64.9%. For commercial buyers the practical constraint is that only 23.2% of land carries a commercial or industrial designation.
Industrial (I)
MILY DISTRICT. § 151.042 R-2 RESIDENTIAL SINGLE- AND MULTI-FAMILY DISTRICT. § 151.043 R-3 RESIDENTIAL MOBILE HOME DISTRICT. § 151.044 C-1 GENERAL COMMERCIAL DISTRICT. § 151.045 C-2 HIGHWAY COMMERCIAL DISTRICT. § 151.046 I INDUSTRIAL DISTRICT. SPECIAL USE PERMIT COMMERCIAL WIND ENERGY CONVERSION SYSTEMS PARKING REGULATIONS ACCESSORY USES AND SUPPLEMENTAL REGU…
Market overview
Demographics & Economy
Pender, NE has 1,709 residents in 740 households. Density runs 14 people per square mile. Median household income here is $74,375 and median gross rent $867 a month.
1,709
Population
740
Households
2.3
Avg Household Size
46
Median Age
30%
College-Educated
95%
High-School Grad
125.4 sq mi
ZIP Area
14
Density / Sq Mi
$74,375
Median Household Income
$40,017
Median Earnings
$867
Median Rent
$183,700
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
What zoning applies to commercial property in Pender?
Pender, NE zones 479 acres across 6 districts, of which 11.6% is commercial and 11.5% industrial. The largest single district is Single Family Residential at 64.9% of zoned land. Residential zoning covers 76.9% and open space 0%.
Where does Realmo's Pender market data come from?
Realmo compiles Pender, NE figures from 1 active sale listings, 124 tracked off-market properties, the current Pender zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Pender, 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: 479 zoned acres across 6 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
