Commercial Real Estate Market in Thorp, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
18 active listings and 187 off-market properties in Thorp, WI.
Market Trends
Thorp, WI spans 149.4 square miles in Clark County, Wisconsin. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Thorp, 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 Thorp, WI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Thorp, 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 Thorp, 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 50.4%
- Industrial 26.2%
- Agricultural 15.1%
- Commercial 8.3%
Largest Zones share of zoned land by district
One Family Residential District
General Industrial
Urban Transitional District
Light Industrial
Multiple Family Residential District
Thorp, WI zones 864 acres across 7 districts. Commercial zoning covers 8.3% of zoned land, residential 50.4% and industrial 26.2%. The largest single district is One Family Residential District at 43.7%. For commercial buyers the practical constraint is that only 34.5% of land carries a commercial or industrial designation.
Urban Transitional District (UT)
R3, C2 and UT Districts in accordance with the provisions of the Chapter. (3) Administration: a. Application Conference: Prior to applying for a Conditional Use Permit, the applicant is required to confer with the Planning Commission. A conference shall be scheduled by the Planning Commission within thirty (30) days after receipt of the following basic infor…
Market overview
Demographics & Economy
Thorp, WI has 4,421 residents in 1,549 households. Density runs 30 people per square mile. Median household income here is $66,955 and median gross rent $861 a month.
4,421
Population
1,549
Households
2.9
Avg Household Size
34
Median Age
13%
College-Educated
78%
High-School Grad
149.4 sq mi
ZIP Area
30
Density / Sq Mi
$66,955
Median Household Income
$38,125
Median Earnings
$861
Median Rent
$178,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Stanley | — | — |
| Lublin | — | — |
| Withee | — | — |
| Longwood | — | — |
Commercial property in Thorp, WI asks $678/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Thorp?
Commercial property in Thorp, WI asks an average of $678 per square foot.
What zoning applies to commercial property in Thorp?
Thorp, WI zones 864 acres across 7 districts, of which 8.3% is commercial and 26.2% industrial. The largest single district is One Family Residential District at 43.7% of zoned land. Residential zoning covers 50.4% and open space 0%.
Where does Realmo's Thorp market data come from?
Realmo compiles Thorp, WI figures from 8 recent recorded sales, 18 active sale listings, 187 tracked off-market properties, the current Thorp zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 18 active for-sale and 0 active for-lease listings in Thorp, 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: 864 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
