Commercial Real Estate Market in Brighton, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
131 active listings and 1,418 off-market properties in Brighton, MI. Commercial property asks $146/SF to buy and $16.46/SF/Yr to lease.
Market Trends
Brighton, MI spans 65.9 square miles in Livingston County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Brighton, 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 Brighton, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Brighton, 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 Brighton, 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
- Residential 57.3%
- Industrial 25.4%
- Commercial 11.3%
- Planned_development 5.6%
- Open space 0.4%
Largest Zones share of zoned land by district
Single Family Residential
Medium Density Multiple Family
Low Density Multiple Family
Research Manufacturing
Office Research
Brighton, MI zones 2,268 acres across 22 districts. Commercial zoning covers 11.3% of zoned land, residential 57.3%, open space 0.4% and industrial 25.4%. The largest single district is Single Family Residential at 26%. For commercial buyers the practical constraint is that only 36.7% of land carries a commercial or industrial designation.
Single Family Residential (R-1)
The purpose of R-1 zone is to promote single family residential and related uses
Market overview
Demographics & Economy
Brighton, MI has 48,164 residents in 20,453 households. Density runs 731 people per square mile. Median household income here is $113,561 and median gross rent $1,275 a month.
48,164
Population
20,453
Households
2.4
Avg Household Size
45
Median Age
49%
College-Educated
97%
High-School Grad
65.9 sq mi
ZIP Area
731
Density / Sq Mi
$113,561
Median Household Income
$57,751
Median Earnings
$1,275
Median Rent
$368,578
Median Home Value
Tools
Lease vs Buy Breakeven
At $16.46/SF/Yr lease vs $146/SF buy → buying wins if held > 1.1 years.
At a 11.3% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Brighton Twp | — | — |
| Hartland Township | — | — |
| Milford | — | $15.47 |
| Hartland | — | — |
Commercial property in Brighton, MI asks $146/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Brighton?
Commercial property in Brighton, MI asks an average of $146 per square foot. The 6 most recent recorded sales traded at a median of $171/SF.
How much does it cost to lease commercial space in Brighton?
Asking lease rates in Brighton, MI average $16.46 per square foot per year.
Is it cheaper to lease or buy commercial space in Brighton?
Buying beats leasing in Brighton, MI if the property is held longer than 1.1 years, comparing $16.46/SF/Yr asking rent with $146/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
What zoning applies to commercial property in Brighton?
Brighton, MI zones 2,268 acres across 22 districts, of which 11.3% is commercial and 25.4% industrial. The largest single district is Single Family Residential at 26% of zoned land. The purpose of R-1 zone is to promote single family residential and related uses Residential zoning covers 57.3% and open space 0.4%.
Where does Realmo's Brighton market data come from?
Realmo compiles Brighton, MI figures from 6 recent recorded sales, 75 active sale listings, 56 active lease listings, 1,418 tracked off-market properties, the current Brighton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 75 active for-sale and 56 active for-lease listings in Brighton, 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: 2,268 zoned acres across 22 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
