Commercial Real Estate Market in Flandreau, SD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 147 off-market properties in Flandreau, SD.
Market Trends
Flandreau, SD spans 200.8 square miles in Moody County, South Dakota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Flandreau, 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 Flandreau, SD runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Flandreau, 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 Flandreau, 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 39.6%
- Agricultural 32.2%
- Industrial 12.9%
- Commercial 2.5%
Largest Zones share of zoned land by district
General Residential District
Agricultural District
Flandreau Santee Sioux Tribal Land
Highway Commercial District
Industrial District
General Residential District (R2)
The purpose of the general residential district is to provide a stable environment for the development of two family and multiple family dwelling units free from incompatible land uses
Market overview
Demographics & Economy
Flandreau, SD has 3,348 residents in 1,467 households. Density runs 17 people per square mile. Median household income here is $66,735 and median gross rent $661 a month.
3,348
Population
1,467
Households
2.3
Avg Household Size
41
Median Age
32%
College-Educated
94%
High-School Grad
200.8 sq mi
ZIP Area
17
Density / Sq Mi
$66,735
Median Household Income
$37,326
Median Earnings
$661
Median Rent
$175,400
Median Home Value
Tools
Nearby Markets
Commercial property in Flandreau, SD asks $104/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Flandreau?
Commercial property in Flandreau, SD asks an average of $104 per square foot.
Where does Realmo's Flandreau market data come from?
Realmo compiles Flandreau, SD figures from 2 active sale listings, 147 tracked off-market properties, the current Flandreau zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 0 active for-lease listings in Flandreau, 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: 1,248 zoned acres across 8 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
