Commercial Real Estate Market in Evart, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
8 active listings and 351 off-market properties in Evart, MI.
Market Trends
Evart, MI spans 144.5 square miles in Osceola County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Evart, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Evart, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Evart, 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 Evart, 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
- Industrial 50.8%
- Residential 43.2%
- Commercial 6%
Largest Zones share of zoned land by district
Evart, MI zones 1,514 acres across 8 districts. Commercial zoning covers 6% of zoned land, residential 43.2% and industrial 50.8%. The largest single district is General Industrial at 39.6%. For commercial buyers the practical constraint is that only 56.8% of land carries a commercial or industrial designation.
I-2 zoning district is intended for general industrial activities, such as the compounding, assembling, or treating of articles or materials, light manufacturing, processing of raw materials, and other similar industrial uses. This district is also intended to permit a planned business and service environment related to the airport and existing and proposed…
Market overview
Demographics & Economy
Evart, MI has 5,702 residents in 3,704 households. Density runs 39 people per square mile. Median household income here is $46,250 and median gross rent $796 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Evart?
What zoning applies to commercial property in Evart?
Where does Realmo's Evart market data come from?
Methodology & data sources
- Asking prices and medians
- There are 8 active for-sale and 0 active for-lease listings in Evart, MI. The sale median is based on 7 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: 1,514 zoned acres across 8 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
