Commercial Real Estate Market in Henderson, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
70 active listings and 1,279 off-market properties in Henderson, MI. Commercial property asks $85/SF to buy and $13.43/SF/Yr to lease.
Market Trends
Henderson, MI spans 23.3 square miles in Shiawassee County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Henderson, 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 Henderson, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Henderson, 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 Henderson, MI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Henderson, MI has 798 residents in 337 households. Density runs 34 people per square mile. Median household income here is $55,875 and median gross rent $903 a month.
798
Population
337
Households
2.4
Avg Household Size
44
Median Age
14%
College-Educated
81%
High-School Grad
23.3 sq mi
ZIP Area
34
Density / Sq Mi
$55,875
Median Household Income
$41,042
Median Earnings
$903
Median Rent
$176,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Owosso | — | $13.43 |
| Chesaning | — | — |
| Corunna | — | — |
Commercial property in Henderson, MI asks $85/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Henderson?
Commercial property in Henderson, MI asks an average of $85 per square foot.
How much does it cost to lease commercial space in Henderson?
Asking lease rates in Henderson, MI average $13.43 per square foot per year.
Where does Realmo's Henderson market data come from?
Realmo compiles Henderson, MI figures from 5 recent recorded sales, 57 active sale listings, 13 active lease listings, 1,279 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 October 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 57 active for-sale and 13 active for-lease listings in Henderson, 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.
- 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
