Commercial Real Estate Market in Dundee, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
20 active listings and 376 off-market properties in Dundee, MI.
Market Trends
Dundee, MI spans 50.1 square miles in Monroe County, Michigan. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Dundee, 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 Dundee, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Dundee, 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 Dundee, MI asks $105/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 51.9%
- Industrial 26.2%
- Commercial 15.8%
- Planned_development 6.1%
Largest Zones share of zoned land by district
Manufacturing
One Family Residential
One Family Residential
Interchange Business District
Planned Unit Development
Dundee, MI zones 3,388 acres across 16 districts. Commercial zoning covers 15.8% of zoned land, residential 51.9% and industrial 26.2%. The largest single district is Manufacturing at 22.6%. For commercial buyers the practical constraint is that only 42% of land carries a commercial or industrial designation.
Manufacturing (M-1)
A. M-1, Manufacturing District: The M-1, Manufacturing District is established to provide sites for research and high technology uses of a restricted, light industrial nature. The prime characteristics of this district are the low intensity of land coverage and the absence of nuisance factors. Permitted uses shall be performed or carried out entirely within…
Market overview
Demographics & Economy
Dundee, MI has 8,126 residents in 3,838 households. Density runs 162 people per square mile. Median household income here is $81,386 and median gross rent $1,112 a month.
8,126
Population
3,838
Households
2.1
Avg Household Size
37
Median Age
33%
College-Educated
95%
High-School Grad
50.1 sq mi
ZIP Area
162
Density / Sq Mi
$81,386
Median Household Income
$47,535
Median Earnings
$1,112
Median Rent
$246,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Monroe | — | $25.30 |
| Petersburg | — | — |
Commercial property in Dundee, MI asks $4,896/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Dundee?
Commercial property in Dundee, MI asks an average of $4,896 per square foot. The 4 most recent recorded sales traded at a median of $356/SF, so asking sits 1275% above the achieved median. Multifamily carries the highest asking price at $105/SF.
What zoning applies to commercial property in Dundee?
Dundee, MI zones 3,388 acres across 16 districts, of which 15.8% is commercial and 26.2% industrial. The largest single district is Manufacturing at 22.6% of zoned land. A. M-1, Manufacturing District: The M-1, Manufacturing District is established to provide sites for research and high technology uses of a restricted, light industrial nature. The prime characteristics of this district are the low intensity of land coverage and the absence of nuisance factors. Permitted uses shall be performed or carried out entirely within… Residential zoning covers 51.9% and open space 0%.
Where does Realmo's Dundee market data come from?
Realmo compiles Dundee, MI figures from 5 recent recorded sales, 20 active sale listings, 376 tracked off-market properties, the current Dundee zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 20 active for-sale and 0 active for-lease listings in Dundee, 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: 3,388 zoned acres across 16 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 30 September 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, industrial vacancy is reported at Midwest region level and asking prices run materially above recent closed pricing.
- 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 30 September 2026 · report a data issue
