Commercial Real Estate Market in Essexville, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
8 active listings and 250 off-market properties in Essexville, MI.
Market Trends
Essexville, MI spans 24.6 square miles in Bay County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Essexville, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Essexville, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Essexville, 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%.
Multifamily
Multifamily vacancy in Essexville, MI 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
- Civic 65.5%
- Industrial 14.8%
- Commercial 14.4%
- Mixed use 5.2%
Largest Zones share of zoned land by district
No accessory building of any type shall be allowed to exist upon any parcel of land in a zoning district designated as R-1 Single-Family Residential, O Office District, or R-O Residential-Office unless there also exists on the same parcel of land a principal building. If a principal building shall cease to exist on any parcel of land in said districts, all a…
Market overview
Demographics & Economy
Essexville, MI has 11,177 residents in 5,329 households. Density runs 454 people per square mile. Median household income here is $53,466 and median gross rent $759 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Bay City | $117 | $12.00 |
| Saginaw | $71 | $13.00 |
| Freeland | $121 | $15.00 |
Commercial property in Essexville, MI asks $77/SF. The 3 bordering markets run from $71/SF in Saginaw to $121/SF in Freeland, and the city sits below their $117/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Essexville?
How does Essexville compare to nearby markets on price?
Where does Realmo's Essexville market data come from?
Methodology & data sources
- Asking prices and medians
- There are 7 active for-sale and 1 active for-lease listings in Essexville, MI. The sale median is based on 4 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. 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: 818 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 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
