Commercial Real Estate Market in Sheboygan, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
79 active listings and 1,650 off-market properties in Sheboygan, WI. Commercial property asks $62/SF to buy and $17.00/SF/Yr to lease.
Market Trends
Sheboygan, WI spans 55.8 square miles in Sheboygan County, Wisconsin. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Sheboygan, 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 Sheboygan, WI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Sheboygan, 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 Sheboygan, 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 60.1%
- Industrial 17.8%
- Civic 7.9%
- Commercial 7.5%
- Planned_development 2.8%
Largest Zones share of zoned land by district
Suburban Residential 5 District
Neighborhood Residential
Suburban Industrial District
Suburban Residential 3 District
Urban Industrial District
Sheboygan, WI zones 8,458 acres across 20 districts. Commercial zoning covers 7.5% of zoned land, residential 60.1% and industrial 17.8%. The largest single district is Suburban Residential 5 District at 31%. For commercial buyers the practical constraint is that only 25.3% of land carries a commercial or industrial designation.
Suburban Residential 5 District (SR-5)
This district is intended to permit development which has a moderate density, suburban community character. Density and intensity standards for this district are designed to ensure that the SR-5 District shall serve as a designation which preserves and protects the suburban residential community character of its area
Market overview
Demographics & Economy
Sheboygan, WI has 65,233 residents in 29,457 households. Density runs 1,169 people per square mile. Median household income here is $67,519 and median gross rent $911 a month.
65,233
Population
29,457
Households
2.2
Avg Household Size
39
Median Age
27%
College-Educated
93%
High-School Grad
55.8 sq mi
ZIP Area
1,169
Density / Sq Mi
$67,519
Median Household Income
$43,973
Median Earnings
$911
Median Rent
$191,657
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Kohler | — | — |
| Sheboygan Falls | — | — |
| Howards Grove | — | — |
| Oostburg | — | — |
Commercial property in Sheboygan, WI asks $62/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Sheboygan?
Commercial property in Sheboygan, WI asks an average of $62 per square foot.
How much does it cost to lease commercial space in Sheboygan?
Asking lease rates in Sheboygan, WI average $17.00 per square foot per year.
What zoning applies to commercial property in Sheboygan?
Sheboygan, WI zones 8,458 acres across 20 districts, of which 7.5% is commercial and 17.8% industrial. The largest single district is Suburban Residential 5 District at 31% of zoned land. This district is intended to permit development which has a moderate density, suburban community character. Density and intensity standards for this district are designed to ensure that the SR-5 District shall serve as a designation which preserves and protects the suburban residential community character of its area Residential zoning covers 60.1% and open space 0%.
Where does Realmo's Sheboygan market data come from?
Realmo compiles Sheboygan, WI figures from 64 active sale listings, 15 active lease listings, 1,650 tracked off-market properties, the current Sheboygan zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 64 active for-sale and 15 active for-lease listings in Sheboygan, 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: 8,458 zoned acres across 20 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
