Commercial Real Estate Market in Jackson, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
493 active listings and 4,610 off-market properties in Jackson, MI. Commercial property asks $17/SF to buy and $13.16/SF/Yr to lease.
Market Trends
Jackson, MI spans 194.2 square miles in Jackson County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Jackson, MI asks $94/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 Jackson, MI asks $105/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 Jackson, 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 Jackson, MI asks $77/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 66.8%
- Industrial 22.7%
- Commercial 10.2%
- Planned_development 0.3%
Largest Zones share of zoned land by district
One Family Residential
General Industrial
One And Two Family Residential
High Density Apartment And Office
Multiple Family Residential
Jackson, MI zones 6,988 acres across 14 districts. Commercial zoning covers 10.2% of zoned land, residential 66.8% and industrial 22.7%. The largest single district is One Family Residential at 44.4%. For commercial buyers the practical constraint is that only 32.9% of land carries a commercial or industrial designation.
One Family Residential (R-1)
Sec. 28-36. - R-1 one-family residential district. The R-1 one-family residential district is established for low to medium density single-family residential neighborhoods. The regulations are intended to stabilize, protect and encourage the residential character of the district and prohibit all activities of a commercial nature. Development is limited to si…
Market overview
Demographics & Economy
Jackson, MI has 104,375 residents in 44,699 households. Density runs 537 people per square mile. Median household income here is $60,465 and median gross rent $956 a month.
104,375
Population
44,699
Households
2.3
Avg Household Size
40
Median Age
22%
College-Educated
92%
High-School Grad
194.2 sq mi
ZIP Area
537
Density / Sq Mi
$60,465
Median Household Income
$35,575
Median Earnings
$956
Median Rent
$166,007
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Michigan Center | — | $8.70 |
| Clarklake | — | — |
| Spring Arbor | — | $11.30 |
| Napoleon | — | — |
Commercial property in Jackson, MI asks $17/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Jackson?
Commercial property in Jackson, MI asks an average of $17 per square foot. The 3 most recent recorded sales traded at a median of $23/SF. Retail carries the highest asking price at $105/SF.
How much does it cost to lease commercial space in Jackson?
Asking lease rates in Jackson, MI average $13.16 per square foot per year.
What zoning applies to commercial property in Jackson?
Jackson, MI zones 6,988 acres across 14 districts, of which 10.2% is commercial and 22.7% industrial. The largest single district is One Family Residential at 44.4% of zoned land. Sec. 28-36. - R-1 one-family residential district. The R-1 one-family residential district is established for low to medium density single-family residential neighborhoods. The regulations are intended to stabilize, protect and encourage the residential character of the district and prohibit all activities of a commercial nature. Development is limited to si… Residential zoning covers 66.8% and open space 0%.
Where does Realmo's Jackson market data come from?
Realmo compiles Jackson, MI figures from 8 recent recorded sales, 404 active sale listings, 89 active lease listings, 4,610 tracked off-market properties, the current Jackson zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 404 active for-sale and 89 active for-lease listings in Jackson, 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: 6,988 zoned acres across 14 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
