Commercial Real Estate Market in McCook Lake, SD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
35 active listings and 311 off-market properties in McCook Lake, SD. Commercial property asks $337/SF to buy and $20.00/SF/Yr to lease.
Market Trends
McCook Lake, SD spans 14.2 square miles in Union County, South Dakota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in McCook Lake, 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 McCook Lake, SD runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in McCook Lake, 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 McCook Lake, SD runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
McCook Lake, SD has 7,725 residents in 3,386 households. Density runs 545 people per square mile. Median household income here is $93,239 and median gross rent $1,160 a month.
7,725
Population
3,386
Households
2.3
Avg Household Size
41
Median Age
45%
College-Educated
97%
High-School Grad
14.2 sq mi
ZIP Area
545
Density / Sq Mi
$93,239
Median Household Income
$49,120
Median Earnings
$1,160
Median Rent
$406,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Jefferson | — | — |
| Sioux City | — | $12.99 |
| South Sioux City | — | $10.83 |
| Jackson | — | — |
Commercial property in McCook Lake, SD asks $337/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in McCook Lake?
Commercial property in McCook Lake, SD asks an average of $337 per square foot. The 5 most recent recorded sales traded at a median of $183/SF, so asking sits 84% above the achieved median.
How much does it cost to lease commercial space in McCook Lake?
Asking lease rates in McCook Lake, SD average $20.00 per square foot per year.
Where does Realmo's McCook Lake market data come from?
Realmo compiles McCook Lake, SD figures from 7 recent recorded sales, 30 active sale listings, 5 active lease listings, 311 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 30 active for-sale and 5 active for-lease listings in McCook Lake, 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.
- 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
