Commercial Real Estate Market in Evart, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
47 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 August 2026.
Office
Office space in Evart, MI asks $73/SF to buy. Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Evart, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
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%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Evart, 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
- Industrial 50.8%
- Residential 43.2%
- Commercial 6%
Largest Zones share of zoned land by district
General Industrial
Low Density Residential
Light Industrial
Medium Density Residential
General Business
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.
General Industrial (I-2)
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.
5,702
Population
3,704
Households
1.5
Avg Household Size
46
Median Age
14%
College-Educated
89%
High-School Grad
144.5 sq mi
ZIP Area
39
Density / Sq Mi
$46,250
Median Household Income
$32,612
Median Earnings
$796
Median Rent
$120,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Sears | — | — |
| Hersey | — | — |
| Chippewa Lake | — | — |
| Barryton | — | — |
Commercial property in Evart, MI asks $240/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Evart?
Commercial property in Evart, MI asks an average of $240 per square foot. Office carries the highest asking price at $73/SF.
What zoning applies to commercial property in Evart?
Evart, MI zones 1,514 acres across 8 districts, of which 6% is commercial and 50.8% industrial. The largest single district is General Industrial at 39.6% of zoned land. 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… Residential zoning covers 43.2% and open space 0%.
Where does Realmo's Evart market data come from?
Realmo compiles Evart, MI figures from 47 active sale listings, 351 tracked off-market properties, the current Evart zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 47 active for-sale and 0 active for-lease listings in Evart, 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: 1,514 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 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
