Commercial Real Estate Market in Dearborn, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
198 active listings and 2,624 off-market properties in Dearborn, MI. Commercial property asks $74/SF to buy and $17.92/SF/Yr to lease.
Market Trends
Dearborn, MI spans 24.2 square miles in Wayne County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Dearborn, MI asks $89/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 Dearborn, MI asks $78/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 Dearborn, 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 space in Dearborn, MI asks $61/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
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
One Family Residential District
General Business District
Intensive Industrial District
General Industrial District
Medium Industrial 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.
One Family Residential District (RA)
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.
109,976
Population
39,205
Households
2.8
Avg Household Size
32
Median Age
33%
College-Educated
83%
High-School Grad
24.2 sq mi
ZIP Area
4,543
Density / Sq Mi
$61,299
Median Household Income
$37,707
Median Earnings
$1,289
Median Rent
$204,549
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Melvindale | $74 (county avg) | $15.79 |
| Allen Park | $74 (county avg) | — |
| River Rouge | $74 (county avg) | — |
| Dearborn Heights | $74 (county avg) | $11.76 |
Commercial property in Dearborn, MI asks $74/SF. The 4 bordering markets run from $74/SF in Melvindale to $74/SF in Melvindale, and the city sits in line with their $74/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Dearborn?
Commercial property in Dearborn, MI asks an average of $74 per square foot. Office carries the highest asking price at $89/SF.
How much does it cost to lease commercial space in Dearborn?
Asking lease rates in Dearborn, MI average $17.92 per square foot per year.
How does Dearborn compare to nearby markets on price?
Dearborn, MI asks $74/SF against $74/SF in Melvindale, $74/SF in Allen Park, $74/SF in River Rouge and $74/SF in Dearborn Heights.
What zoning applies to commercial property in Dearborn?
Dearborn, MI zones 14,612 acres across 22 districts, of which 15.1% is commercial and 25.5% industrial. The largest single district is One Family Residential District at 48.6% of zoned land. 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… Residential zoning covers 54.9% and open space 0%.
Where does Realmo's Dearborn market data come from?
Realmo compiles Dearborn, MI figures from 7 recent recorded sales, 94 active sale listings, 104 active lease listings, 2,624 tracked off-market properties, the current Dearborn zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 94 active for-sale and 104 active for-lease listings in Dearborn, 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.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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 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
