Commercial Real Estate Market in Brandon, SD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
28 active listings and 318 off-market properties in Brandon, SD.
Market Trends
Brandon, SD spans 48.9 square miles in Minnehaha County, South Dakota. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Brandon, SD runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Brandon, SD runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Brandon, SD 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 Brandon, SD 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 36%
- Open space 34.7%
- Industrial 18.3%
- Civic 6.4%
- Commercial 4.5%
- Planned_development 0.1%
Largest Zones share of zoned land by district
Residential Low Density
Natural Resource Conservation
Heavy Industrial
Big Sioux Recreation Area
Institutional
Brandon, SD zones 4,048 acres across 12 districts. Commercial zoning covers 4.5% of zoned land, residential 36%, open space 34.7% and industrial 18.3%. The largest single district is Residential Low Density at 28.5%. For commercial buyers the practical constraint is that only 22.8% of land carries a commercial or industrial designation.
Residential Low Density (R-1)
R-1: LOW DENSITY RESIDENTIAL DISTRICT 15-4-1 PURPOSE The purpose of this district is to provide for areas of low residential density. This district provides for single-family detached dwellings, single -family attached dwellings and such supportive community facilities as parks, playgrounds, schools, libraries , and houses of worship. It is intended that thi…
Market overview
Demographics & Economy
Brandon, SD has 12,619 residents in 4,693 households. Density runs 258 people per square mile. Median household income here is $108,689 and median gross rent $985 a month.
12,619
Population
4,693
Households
2.7
Avg Household Size
36
Median Age
41%
College-Educated
97%
High-School Grad
48.9 sq mi
ZIP Area
258
Density / Sq Mi
$108,689
Median Household Income
$53,429
Median Earnings
$985
Median Rent
$322,600
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Brandon?
Commercial property in Brandon, SD asks an average of $612 per square foot.
What zoning applies to commercial property in Brandon?
Brandon, SD zones 4,048 acres across 12 districts, of which 4.5% is commercial and 18.3% industrial. The largest single district is Residential Low Density at 28.5% of zoned land. R-1: LOW DENSITY RESIDENTIAL DISTRICT 15-4-1 PURPOSE The purpose of this district is to provide for areas of low residential density. This district provides for single-family detached dwellings, single -family attached dwellings and such supportive community facilities as parks, playgrounds, schools, libraries , and houses of worship. It is intended that thi… Residential zoning covers 36% and open space 34.7%.
Where does Realmo's Brandon market data come from?
Realmo compiles Brandon, SD figures from 22 active sale listings, 6 active lease listings, 318 tracked off-market properties, the current Brandon zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 22 active for-sale and 6 active for-lease listings in Brandon, SD. 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: 4,048 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 30 September 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 30 September 2026 · report a data issue
