Commercial Real Estate Market in Dearborn, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
168 active listings and 2,623 off-market properties in Dearborn, MI. Commercial property asks $165/SF to buy and $15.43/SF/Yr to lease.
Market Trends
Dearborn, MI spans 24.2 square miles in Wayne County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Dearborn, MI has a median asking sale price of $167/SF (based on 5 listings). Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Dearborn, MI has a median asking sale price of $111/SF (based on 8 listings). Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial space in Dearborn, MI has a median asking sale price of $168/SF (based on 6 listings). Vacancy 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 space in Dearborn, MI has a median asking sale price of $176/SF (based on 5 listings). Vacancy 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 54.9%
- Industrial 25.5%
- Commercial 15.1%
- Special 3.5%
- Mixed use 0.1%
- Open space 0%
- Planned_development 0%
Largest Zones share of zoned land by district
Dearborn, MI zones 14,612 acres across 22 districts. Commercial zoning covers 15.1% of zoned land, residential 54.9%, open space 0% and industrial 25.5%. The largest single district is One Family Residential District at 48.6%. For commercial buyers the practical constraint is that only 40.5% of land carries a commercial or industrial designation.
ZONING DISTRICTS Share Download Bookmark Print Sec. 9.01. - Creation of districts. For the purposes of this ordinance, the City is hereby divided into the following zoning districts as shown on the official Zoning Map: R-A One Family Residential District R-P Residential Preservation District R-B One Family Residential District R-C Multiple Family Residential…
Market overview
Demographics & Economy
Dearborn, MI has 109,976 residents in 39,205 households. Density runs 4,543 people per square mile. Median household income here is $61,299 and median gross rent $1,289 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Melvindale | $126 | — |
| Allen Park | $118 | $15.43 |
| Dearborn Heights | $264 | $18.65 |
Commercial property in Dearborn, MI asks $165/SF. The 3 bordering markets run from $118/SF in Allen Park to $264/SF in Dearborn Heights, and the city sits above their $126/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Dearborn?
How much does it cost to lease commercial space in Dearborn?
How does Dearborn compare to nearby markets on price?
What zoning applies to commercial property in Dearborn?
Where does Realmo's Dearborn market data come from?
Methodology & data sources
- Asking prices and medians
- There are 53 active for-sale and 115 active for-lease listings in Dearborn, MI. The medians are based on 23 of the for-sale and 47 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: 14,612 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 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
