Commercial Real Estate Market in Luck, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
15 active listings and 134 off-market properties in Luck, WI.
Market Trends
Luck, WI spans 88.0 square miles in Polk County, Wisconsin. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Luck, 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 Luck, WI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Luck, 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 vacancy in Luck, WI 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 89.7%
- Industrial 8%
- Commercial 2.2%
- Civic 0.1%
Largest Zones share of zoned land by district
Single Family Residential District
Heavy Industrial District
Light Industrial District
Central Business
Multiple Family Residential District
Luck, WI zones 1,651 acres across 7 districts. Commercial zoning covers 2.2% of zoned land, residential 89.7% and industrial 8%. The largest single district is Single Family Residential District at 87%. For commercial buyers the practical constraint is that only 10.2% of land carries a commercial or industrial designation.
Light Industrial District (I-1)
Family Residential District. § 620-20 R-3 Two-Family Residential District. § 620-21 R-4 Multiple-Family Residential District. § 620-22 C-1 Neighborhood Shopping District. § 620-23 C-2 Central Business District. § 620-24 I-1 Light Industrial District. § 620-25 I-2 Heavy Industrial District. § 620-26 O-1 Office District. § 620-27 G-1 Institutional District. §…
Market overview
Demographics & Economy
Luck, WI has 3,967 residents in 2,529 households. Density runs 45 people per square mile. Median household income here is $72,750 and median gross rent $856 a month.
3,967
Population
2,529
Households
1.6
Avg Household Size
49
Median Age
23%
College-Educated
92%
High-School Grad
88 sq mi
ZIP Area
45
Density / Sq Mi
$72,750
Median Household Income
$43,112
Median Earnings
$856
Median Rent
$214,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Milltown | — | — |
| Sterling | — | — |
| Frederic | — | — |
| Balsam Lake | — | — |
Commercial property in Luck, WI asks $352/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Luck?
Commercial property in Luck, WI asks an average of $352 per square foot.
What zoning applies to commercial property in Luck?
Luck, WI zones 1,651 acres across 7 districts, of which 2.2% is commercial and 8% industrial. The largest single district is Single Family Residential District at 87% of zoned land. Residential zoning covers 89.7% and open space 0%.
Where does Realmo's Luck market data come from?
Realmo compiles Luck, WI figures from 7 recent recorded sales, 15 active sale listings, 134 tracked off-market properties, the current Luck zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 15 active for-sale and 0 active for-lease listings in Luck, 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: 1,651 zoned acres across 7 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
