Commercial Real Estate Market in Mequon, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
51 active listings and 397 off-market properties in Mequon, WI. Commercial property asks $145/SF to buy and $16.58/SF/Yr to lease.
Market Trends
Mequon, WI spans 47.3 square miles in Ozaukee County, Wisconsin. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Mequon, 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 Mequon, WI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Mequon, 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 Mequon, 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 57.8%
- Planned_development 17.2%
- Agricultural 10.6%
- Industrial 3.8%
- Civic 3.7%
- Special 3.2%
- Open space 2.1%
- Commercial 1.2%
- Mixed use 0.5%
Largest Zones share of zoned land by district
Single Family Rural Residential Minimum 5 Acre Agricultural Overlay
Single Family Suburban Residential Minimum 0.75 Acre
Single Family Suburban Residential Minimum 1 Acre
Single Family Rural Residential Minimum 5 Acre
Single Family Suburban Residential Minimum 1 Acre Planned Unit Development Overlay
Single Family Rural Residential Minimum 5 Acre Agricultural Overlay (R-1/OA)
The R-1 district is intended to provide for large lot single family residential development in rural areas that are not served by public water or sewerage facilities and that are not yet appropriate for development at higher densities. This district shall generally be located within the area designated on the land use plan map as rural service area. The inte…
Market overview
Demographics & Economy
Mequon, WI has 28,432 residents in 11,460 households. Density runs 601 people per square mile. Median household income here is $132,650 and median gross rent $1,962 a month.
28,432
Population
11,460
Households
2.5
Avg Household Size
46
Median Age
68%
College-Educated
98%
High-School Grad
47.3 sq mi
ZIP Area
601
Density / Sq Mi
$132,650
Median Household Income
$65,105
Median Earnings
$1,962
Median Rent
$462,367
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Thiensville | — | — |
| Bayside | — | — |
| Brown Deer | — | — |
| Fox Point | — | — |
Commercial property in Mequon, WI asks $145/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Mequon?
Commercial property in Mequon, WI asks an average of $145 per square foot.
How much does it cost to lease commercial space in Mequon?
Asking lease rates in Mequon, WI average $16.58 per square foot per year.
Where does Realmo's Mequon market data come from?
Realmo compiles Mequon, WI figures from 7 recent recorded sales, 24 active sale listings, 27 active lease listings, 397 tracked off-market properties, the current Mequon zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 24 active for-sale and 27 active for-lease listings in Mequon, 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: 29,354 zoned acres across 94 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
