Bloomington, MN
Commercial Real Estate Market Trends & Data

$212 Avg asking sale price
$17 Avg asking lease rate
19,807 SF Avg unit lease size
52,680 SF Avg building size for sale
6.22% Average cap rate

Bloomington's Demographic Profile

Bloomington has 37,096 households and a median income of $84,699, providing context for rent absorption and tenant demand across retail and multifamily assets. A -2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 87,633
# Households 37,096
Median age 43
Median household income $84,699
Avg household size 2.0
Renter-occupied housing units 13,335
5-year population change -2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Bloomington, MN

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Burnsville $149 13,195 SF 8.68%
Savage $162 23,954 SF 5.00%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Bloomington $139 49,455 SF 7.35%
Savage $131 35,214 SF 7.35%
Nearby Retail Markets Avg Cost/SF Typical Size
Bloomington $142 66,820 SF
Burnsville $321 11,818 SF
Savage $164 6,700 SF
Edina $395 19,761 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Bloomington $460 9,537 SF 5.09%
Edina $310 13,453 SF 6.84%
Saint Louis Park $539 13,740 SF 5.30%
Prior Lake $269 46,403 SF 6.00%
Shakopee $378 46,403 SF 6.00%

Commercial Properties For Sale in Bloomington

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

7625 Chicago Ave

Minneapolis, MN 55423

  • 43,600 SF Specialty
  • $5,450,000
For Sale

7300 France Ave S

Edina, MN 55435

  • 45,420 SF Office Building
  • $510,000
For Sale

2110 Silver Bell Rd

Eagan, MN 55122

  • 35,800 SF Office Building
  • $3,200,000
For Sale

Office Golf

Bloomington, MN 55439

  • 42,303 SF Office Building
  • $6,000,000
For Sale

10740 Lyndale Ave S

Bloomington, MN 55420

  • 42,090 SF Flex Building
  • $4,800,000
For Sale

6900 W 110th St

Bloomington, MN 55438

  • 56,185 SF Office Building
  • $5,800,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Bloomington pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Bloomington $212 52,680 SF
Richfield $205 51,641 SF
Burnsville $219 18,972 SF
Savage $163 29,769 SF
Edina $225 24,821 SF

Regional Demographic Comparison

This comparison places Bloomington alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Bloomington or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Bloomington 87,633 37,096 43 $84,699 2 13,335 -2%
Richfield 35,351 15,062 39 $74,525 2 6,083 -2%
Burnsville 64,158 25,533 39 $83,051 2 9,606 1%
Savage 32,664 11,249 38 $120,618 3 1,948 5%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Bloomington, MN and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Bloomington

View All Commercial Real Estate For Sale in Bloomington
Is Bloomington a good market for a first-time commercial real estate investor?

Bloomington offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Bloomington?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Bloomington. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Bloomington?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Bloomington. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Bloomington compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Bloomington. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Bloomington acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Bloomington, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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