Commercial Real Estate Market in Big Rapids, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
106 active listings and 889 off-market properties in Big Rapids, MI. Commercial property asks $35/SF to buy and $10.55/SF/Yr to lease.
Market Trends
Big Rapids, MI spans 134.5 square miles in Mecosta County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Big Rapids, MI asks $107/SF to buy. Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Retail
Retail space in Big Rapids, MI asks $69/SF to buy. Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Big Rapids, 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 Big Rapids, MI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Big Rapids, MI has 16,914 residents in 7,997 households. Density runs 126 people per square mile. Median household income here is $54,803 and median gross rent $877 a month.
16,914
Population
7,997
Households
2.1
Avg Household Size
31
Median Age
31%
College-Educated
94%
High-School Grad
134.5 sq mi
ZIP Area
126
Density / Sq Mi
$54,803
Median Household Income
$24,736
Median Earnings
$877
Median Rent
$179,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Rodney | — | — |
| Paris | — | — |
| Stanwood | — | — |
| Chippewa Lake | — | — |
Commercial property in Big Rapids, MI asks $35/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Big Rapids?
Commercial property in Big Rapids, MI asks an average of $35 per square foot. The 3 most recent recorded sales traded at a median of $229/SF. Office carries the highest asking price at $107/SF.
How much does it cost to lease commercial space in Big Rapids?
Asking lease rates in Big Rapids, MI average $10.55 per square foot per year.
Where does Realmo's Big Rapids market data come from?
Realmo compiles Big Rapids, MI figures from 5 recent recorded sales, 92 active sale listings, 14 active lease listings, 889 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 92 active for-sale and 14 active for-lease listings in Big Rapids, 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.
- 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
