Commercial Real Estate Market in Belleville, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
44 active listings and 1,067 off-market properties in Belleville, MI. Commercial property asks $125/SF to buy (based on 8 listings) and $12.00/SF/Yr to lease (based on 9 listings).
Market Trends
Belleville, MI spans 66.9 square miles in Wayne County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Belleville, MI has a median asking sale price of $146/SF (based on 3 listings). Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Belleville, MI has a median asking sale price of $104/SF (based on 3 listings). Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Belleville, MI runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Multifamily
Multifamily vacancy in Belleville, MI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 46.8%
- Commercial 30.8%
- Industrial 21.3%
- Planned_development 0.7%
- Open space 0.3%
Largest Zones share of zoned land by district
Belleville, MI zones 294 acres across 13 districts. Commercial zoning covers 30.8% of zoned land, residential 46.8%, open space 0.3% and industrial 21.3%. The largest single district is One Family Residential at 43.7%. For commercial buyers the practical constraint is that only 52.1% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Belleville, MI has 44,055 residents in 19,406 households. Density runs 659 people per square mile. Median household income here is $74,125 and median gross rent $1,162 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Romulus | $169 | $16.34 |
| Westland | $114 | $15.00 |
| Brownstown Township | $163 | $17.25 |
| Ypsilanti | $121 | $16.00 |
Commercial property in Belleville, MI asks $125/SF. The 4 bordering markets run from $114/SF in Westland to $169/SF in Romulus, and the city sits below their $142/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Belleville?
How much does it cost to lease commercial space in Belleville?
How does Belleville compare to nearby markets on price?
What zoning applies to commercial property in Belleville?
Where does Realmo's Belleville market data come from?
Methodology & data sources
- Asking prices and medians
- There are 16 active for-sale and 28 active for-lease listings in Belleville, MI. The medians are based on 8 of the for-sale and 9 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 294 zoned acres across 13 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
