Commercial Real Estate Market in Durand, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
17 active listings and 329 off-market properties in Durand, MI.
Market Trends
Durand, MI spans 53.2 square miles in Shiawassee County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Durand, 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 Durand, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Durand, 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 Durand, 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 75.5%
- Industrial 13.4%
- Commercial 11%
- Mixed use 0.2%
Largest Zones share of zoned land by district
One Family Residential District
One Family Residential District
Industrial District
One Family Residential District
Service Commercial District
Durand, MI zones 1,290 acres across 10 districts. Commercial zoning covers 11% of zoned land, residential 75.5% and industrial 13.4%. The largest single district is One Family Residential District at 42.1%. For commercial buyers the practical constraint is that only 24.4% of land carries a commercial or industrial designation.
Industrial District (I-1)
I-1 Industrial District Section 1000. Intent The I-1 Industrial District, is designed so as to primarily accommodate wholesale activities, warehouses, and industrial operations whose external, physical effects are restricted to the area of the district and in no manner affect in a detrimental way any of the surrounding districts. The general goals of this us…
Market overview
Demographics & Economy
Durand, MI has 8,445 residents in 4,059 households. Density runs 159 people per square mile. Median household income here is $60,070 and median gross rent $833 a month.
8,445
Population
4,059
Households
2.1
Avg Household Size
45
Median Age
15%
College-Educated
91%
High-School Grad
53.2 sq mi
ZIP Area
159
Density / Sq Mi
$60,070
Median Household Income
$39,496
Median Earnings
$833
Median Rent
$151,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Vernon | — | — |
| Gaines | — | — |
| Bancroft | — | — |
| Lennon | — | — |
Commercial property in Durand, MI asks $184/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Durand?
Commercial property in Durand, MI asks an average of $184 per square foot.
What zoning applies to commercial property in Durand?
Durand, MI zones 1,290 acres across 10 districts, of which 11% is commercial and 13.4% industrial. The largest single district is One Family Residential District at 42.1% of zoned land. Residential zoning covers 75.5% and open space 0%.
Where does Realmo's Durand market data come from?
Realmo compiles Durand, MI figures from 3 recent recorded sales, 15 active sale listings, 2 active lease listings, 329 tracked off-market properties, the current Durand zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 15 active for-sale and 2 active for-lease listings in Durand, 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: 1,290 zoned acres across 10 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
