Commercial Real Estate Market in Shawnee, OK
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
273 active listings and 1,452 off-market properties in Shawnee, OK. Commercial property asks $38/SF to buy and $15.84/SF/Yr to lease.
Market Trends
Shawnee, OK spans 174.3 square miles in Pottawatomie County, Oklahoma. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Shawnee, OK asks $63/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Shawnee, OK asks $84/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 Shawnee, 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 Shawnee, 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
- Commercial 42.2%
- Agricultural 31.7%
- Residential 15.1%
- Industrial 8.6%
- Planned_development 1.5%
- Mixed use 0.9%
Largest Zones share of zoned land by district
Twin Lakes
Transitional Agriculture
Low Density Residential
Light Industrial
Regional Commercial
Low Density Residential (R-1)
Residential zoning districts are those designated as TA, R-1, R-2, and R-3, unless specified otherwise. Residential Transition. A buffering and screening technique used to shield residential properties from more intensive, nonresidential uses. Rezoning. An amendment to the Official Zoning Map to effect a change in the nature, density, or intensity of uses an…
Market overview
Demographics & Economy
Shawnee, OK has 44,301 residents in 18,609 households. Density runs 254 people per square mile. Median household income here is $59,940 and median gross rent $907 a month.
44,301
Population
18,609
Households
2.4
Avg Household Size
37
Median Age
25%
College-Educated
90%
High-School Grad
174.3 sq mi
ZIP Area
254
Density / Sq Mi
$59,940
Median Household Income
$36,169
Median Earnings
$907
Median Rent
$160,957
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Tecumseh | — | — |
| Bethel Acres | — | — |
| Johnson | — | — |
| Brooksville | — | — |
Commercial property in Shawnee, OK asks $38/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Shawnee?
Commercial property in Shawnee, OK asks an average of $38 per square foot. The 4 most recent recorded sales traded at a median of $580/SF. Retail carries the highest asking price at $84/SF.
How much does it cost to lease commercial space in Shawnee?
Asking lease rates in Shawnee, OK average $15.84 per square foot per year.
Where does Realmo's Shawnee market data come from?
Realmo compiles Shawnee, OK figures from 4 recent recorded sales, 257 active sale listings, 16 active lease listings, 1,452 tracked off-market properties, the current Shawnee zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 257 active for-sale and 16 active for-lease listings in Shawnee, 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: 23,664 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 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
