Commercial Real Estate Market in Miami, OK
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
40 active listings and 700 off-market properties in Miami, OK. Commercial property asks $36/SF to buy and $12.00/SF/Yr to lease.
Market Trends
Miami, OK spans 184.3 square miles in Ottawa County, Oklahoma. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Miami, OK runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail space in Miami, OK asks $55/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Miami, OK runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Miami, OK runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 65.7%
- Industrial 30.9%
- Commercial 2.6%
- Planned_development 0.6%
Largest Zones share of zoned land by district
Single Family Residence District
Intensive Industrial District
Single Family Residence District
General Commercial District
Residence Agriculture District
Miami, OK zones 7,087 acres across 20 districts. Commercial zoning covers 2.6% of zoned land, residential 65.7% and industrial 30.9%. The largest single district is Single Family Residence District at 29.3%. For commercial buyers the practical constraint is that only 33.5% of land carries a commercial or industrial designation.
Single Family Residence District (RS8)
RS districts are designed for those areas where the land is presently being used, or where development appears desirable, for single-family dwellings
Market overview
Demographics & Economy
Miami, OK has 17,281 residents in 7,502 households. Density runs 94 people per square mile. Median household income here is $49,668 and median gross rent $802 a month.
17,281
Population
7,502
Households
2.3
Avg Household Size
38
Median Age
18%
College-Educated
88%
High-School Grad
184.3 sq mi
ZIP Area
94
Density / Sq Mi
$49,668
Median Household Income
$32,423
Median Earnings
$802
Median Rent
$120,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| North Miami | — | — |
| Commerce | — | — |
| Cardin | — | — |
| Quapaw | — | — |
Commercial property in Miami, OK asks $36/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Miami?
Commercial property in Miami, OK asks an average of $36 per square foot. The 8 most recent recorded sales traded at a median of $185/SF. Retail carries the highest asking price at $55/SF.
How much does it cost to lease commercial space in Miami?
Asking lease rates in Miami, OK average $12.00 per square foot per year.
What zoning applies to commercial property in Miami?
Miami, OK zones 7,087 acres across 20 districts, of which 2.6% is commercial and 30.9% industrial. The largest single district is Single Family Residence District at 29.3% of zoned land. RS districts are designed for those areas where the land is presently being used, or where development appears desirable, for single-family dwellings Residential zoning covers 65.7% and open space 0%.
Where does Realmo's Miami market data come from?
Realmo compiles Miami, OK figures from 8 recent recorded sales, 39 active sale listings, 1 active lease listings, 700 tracked off-market properties, the current Miami zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 39 active for-sale and 1 active for-lease listings in Miami, OK. 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: 7,087 zoned acres across 20 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 South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South 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
