Commercial Real Estate Market in Bellevue, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
7 active listings and 414 off-market properties in Bellevue, MI.
Market Trends
Bellevue, MI spans 93.8 square miles in Eaton County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Bellevue, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Bellevue, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Bellevue, 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%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Bellevue, MI 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
- Agricultural 63.3%
- Residential 28.4%
- Industrial 4.2%
- Civic 2.2%
- Commercial 1.1%
Largest Zones share of zoned land by district
Agriculture
One And Two Family Residential
One Family Residential
Heavy Industry
One And Two Family Residential And Mobile Home
Agriculture (AG)
AG Agricultural Residential Area Agriculture and single-family residential Kennels, golf courses, religious institutions, camping, day care facilities and bed and breakfasts. R-A Single Family Residential Residential Area Single -family residences. Two-family residences, religious institutions, golf courses, funeral homes and day care facilities. R-B Single/…
Market overview
Demographics & Economy
Bellevue, MI has 6,136 residents in 2,547 households. Density runs 65 people per square mile. Median household income here is $78,665 and median gross rent $1,023 a month.
6,136
Population
2,547
Households
2.4
Avg Household Size
44
Median Age
15%
College-Educated
94%
High-School Grad
93.8 sq mi
ZIP Area
65
Density / Sq Mi
$78,665
Median Household Income
$42,988
Median Earnings
$1,023
Median Rent
$182,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Olivet | — | — |
| Nashville | — | — |
| Dowling | — | — |
| Bedford | — | — |
Commercial property in Bellevue, MI asks $215/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Bellevue?
Commercial property in Bellevue, MI asks an average of $215 per square foot.
Where does Realmo's Bellevue market data come from?
Realmo compiles Bellevue, MI figures from 5 recent recorded sales, 7 active sale listings, 414 tracked off-market properties, the current Bellevue zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 7 active for-sale and 0 active for-lease listings in Bellevue, MI. 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: 2,805 zoned acres across 10 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
