Commercial Real Estate Market in Dewitt, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
14 active listings and 273 off-market properties in Dewitt, MI. Commercial property asks $66/SF to buy and $13.00/SF/Yr to lease.
Market Trends
Dewitt, MI spans 65.8 square miles in Clinton County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Dewitt, 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 Dewitt, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Dewitt, 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 Dewitt, 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 75.3%
- Civic 23.5%
- Commercial 1.2%
Largest Zones share of zoned land by district
Residential Suburban
Public And Quasi Public
Moderate Density Residential
Moderate Density Mixed Residential
Central Business
Dewitt, MI zones 1,890 acres across 6 districts. Commercial zoning covers 1.2% of zoned land, residential 75.3%. The largest single district is Residential Suburban at 44.2%. For commercial buyers the practical constraint is that only 1.2% of land carries a commercial or industrial designation.
Residential Suburban (R-1)
R-1 Single Family, Low-Density Residential District The R-1 district is intended to provide stability in existing low-density areas by ensuring compatible residential density, encouraging a safe environment for family life, and protecting areas from undesirable land uses. R-3 Moderate Density Mixed Residential District The R-3 district is intended to provide…
Market overview
Demographics & Economy
Dewitt, MI has 17,944 residents in 7,002 households. Density runs 273 people per square mile. Median household income here is $106,651 and median gross rent $1,098 a month.
17,944
Population
7,002
Households
2.6
Avg Household Size
41
Median Age
45%
College-Educated
97%
High-School Grad
65.8 sq mi
ZIP Area
273
Density / Sq Mi
$106,651
Median Household Income
$60,611
Median Earnings
$1,098
Median Rent
$318,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lansing | — | $19.95 |
| East Lansing | — | $20.99 |
| Bath | — | — |
| Okemos | — | $29.77 |
Commercial property in Dewitt, MI asks $66/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Dewitt?
Commercial property in Dewitt, MI asks an average of $66 per square foot. The 6 most recent recorded sales traded at a median of $291/SF.
How much does it cost to lease commercial space in Dewitt?
Asking lease rates in Dewitt, MI average $13.00 per square foot per year.
What zoning applies to commercial property in Dewitt?
Dewitt, MI zones 1,890 acres across 6 districts, of which 1.2% is commercial and 0% industrial. The largest single district is Residential Suburban at 44.2% of zoned land. R-1 Single Family, Low-Density Residential District The R-1 district is intended to provide stability in existing low-density areas by ensuring compatible residential density, encouraging a safe environment for family life, and protecting areas from undesirable land uses. R-3 Moderate Density Mixed Residential District The R-3 district is intended to provide… Residential zoning covers 75.3% and open space 0%.
Where does Realmo's Dewitt market data come from?
Realmo compiles Dewitt, MI figures from 8 recent recorded sales, 11 active sale listings, 3 active lease listings, 273 tracked off-market properties, the current Dewitt zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 11 active for-sale and 3 active for-lease listings in Dewitt, 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: 1,890 zoned acres across 6 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
