Commercial Real Estate Market in Cornell, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
7 active listings and 192 off-market properties in Cornell, WI.
Market Trends
Cornell, WI spans 97.6 square miles in Chippewa County, Wisconsin. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Cornell, WI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Cornell, WI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Cornell, WI 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 space in Cornell, WI asks $106/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Agricultural 36.9%
- Open space 27.2%
- Residential 17.1%
- Industrial 13.2%
- Commercial 5.6%
Largest Zones share of zoned land by district
Agriculture District
Conservancy District
Single Family Residential District
Industrial District
Business District
Agriculture District (A-1)
The purpose of this district is for agricultural, dairying, floriculture, forestry, general farming, grazing, greenhouses, hatcheries, horticulture, livestock raising, nurseries, orchards, paddocks, pasturage, poultry raising, stables, truck farming, and viticulture
Market overview
Demographics & Economy
Cornell, WI has 2,820 residents in 1,243 households. Density runs 29 people per square mile. Median household income here is $64,886 and median gross rent $800 a month.
2,820
Population
1,243
Households
2.3
Avg Household Size
42
Median Age
12%
College-Educated
91%
High-School Grad
97.6 sq mi
ZIP Area
29
Density / Sq Mi
$64,886
Median Household Income
$39,980
Median Earnings
$800
Median Rent
$173,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Holcombe | — | — |
| Jim Falls | — | — |
| Sheldon | — | — |
| Crescent | — | — |
Commercial property in Cornell, WI asks $223/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Cornell?
Commercial property in Cornell, WI asks an average of $223 per square foot. Multifamily carries the highest asking price at $106/SF.
Where does Realmo's Cornell market data come from?
Realmo compiles Cornell, WI figures from 7 active sale listings, 192 tracked off-market properties, the current Cornell zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 7 active for-sale and 0 active for-lease listings in Cornell, WI. 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: 2,765 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
