Commercial Real Estate Market in Gibraltar, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
3 active listings and 110 off-market properties in Gibraltar, MI.
Market Trends
Gibraltar, MI spans 11.9 square miles in Wayne County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Gibraltar, MI asks $89/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 space in Gibraltar, MI asks $78/SF to buy. Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Gibraltar, 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 Gibraltar, MI asks $61/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 54.8%
- Industrial 28.5%
- Commercial 8.5%
- Planned_development 8.3%
Largest Zones share of zoned land by district
One Family Residential
General Manufacturing
Light Manufacturing
Planned Unit Development
General Commercial
Gibraltar, MI zones 2,383 acres across 13 districts. Commercial zoning covers 8.5% of zoned land, residential 54.8% and industrial 28.5%. The largest single district is One Family Residential at 47.1%. For commercial buyers the practical constraint is that only 37% of land carries a commercial or industrial designation.
One Family Residential (R-1)
The Intent of this to promote One Family Residential uses
Market overview
Demographics & Economy
Gibraltar, MI has 13,443 residents in 5,391 households. Density runs 1,128 people per square mile. Median household income here is $90,510 and median gross rent $1,130 a month.
13,443
Population
5,391
Households
2.5
Avg Household Size
42
Median Age
24%
College-Educated
94%
High-School Grad
11.9 sq mi
ZIP Area
1,128
Density / Sq Mi
$90,510
Median Household Income
$55,163
Median Earnings
$1,130
Median Rent
$232,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hickory Isle | $74 (county avg) | — |
| Woodhaven | $74 (county avg) | — |
| Trenton | $74 (county avg) | $12.50 |
| Rockwood | $74 (county avg) | — |
Commercial property in Gibraltar, MI asks $74/SF. The 4 bordering markets run from $74/SF in Hickory Isle to $74/SF in Hickory Isle, and the city sits in line with their $74/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Gibraltar?
Commercial property in Gibraltar, MI asks an average of $74 per square foot. Office carries the highest asking price at $89/SF.
How does Gibraltar compare to nearby markets on price?
Gibraltar, MI asks $74/SF against $74/SF in Hickory Isle, $74/SF in Woodhaven, $74/SF in Trenton and $74/SF in Rockwood.
What zoning applies to commercial property in Gibraltar?
Gibraltar, MI zones 2,383 acres across 13 districts, of which 8.5% is commercial and 28.5% industrial. The largest single district is One Family Residential at 47.1% of zoned land. The Intent of this to promote One Family Residential uses Residential zoning covers 54.8% and open space 0%.
Where does Realmo's Gibraltar market data come from?
Realmo compiles Gibraltar, MI figures from 3 recent recorded sales, 2 active sale listings, 1 active lease listings, 110 tracked off-market properties, the current Gibraltar zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 1 active for-lease listings in Gibraltar, 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.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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: 2,383 zoned acres across 13 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
