Commercial Real Estate Market in Kentwood, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
63 active listings and 1,294 off-market properties in Kentwood, MI. Commercial property asks $149/SF to buy and $16.23/SF/Yr to lease.
Market Trends
Kentwood, MI spans 45.5 square miles in Kent County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Kentwood, MI has a median asking sale price of $120/SF (based on 3 listings). Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Kentwood, MI has a median asking sale price of $203/SF (based on 5 listings). Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial space in Kentwood, MI has a median asking sale price of $119/SF (based on 3 listings). Vacancy 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 Kentwood, 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
- Residential 50.3%
- Industrial 18.5%
- Planned_development 18.1%
- Commercial 8.4%
- Open space 3.7%
Largest Zones share of zoned land by district
Kentwood, MI zones 13,412 acres across 20 districts. Commercial zoning covers 8.4% of zoned land, residential 50.3%, open space 3.7% and industrial 18.5%. The largest single district is Single Family Residential at 25.8%. For commercial buyers the practical constraint is that only 26.9% of land carries a commercial or industrial designation.
RPUD-1 Attached Residential: Five acres 2. RPUD-2 Detached Residential: Five acres 3. Commercial PUD: Five acres 4. Mix Use PUD: Five acres 5. Office PUD: Five acres 6. Industrial PUD: Ten acres D. All land included in a PUD application shall be contiguous. E. The site shall be served by public sanitary sewer and water systems. F. The application shall demon…
Market overview
Demographics & Economy
Kentwood, MI has 95,150 residents in 38,627 households. Density runs 2,089 people per square mile. Median household income here is $65,290 and median gross rent $1,170 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Grandville | $157 | $14.50 |
| Wyoming | $144 | $14.95 |
| Jenison | $263 | $17.50 |
| Walker | $206 | — |
Commercial property in Kentwood, MI asks $149/SF. The 4 bordering markets run from $144/SF in Wyoming to $263/SF in Jenison, and the city sits below their $181/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Kentwood?
How much does it cost to lease commercial space in Kentwood?
How does Kentwood compare to nearby markets on price?
What zoning applies to commercial property in Kentwood?
Where does Realmo's Kentwood market data come from?
Methodology & data sources
- Asking prices and medians
- There are 23 active for-sale and 40 active for-lease listings in Kentwood, MI. The medians are based on 14 of the for-sale and 23 of the for-lease listings, those that state a price or rent per square foot. 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: 13,412 zoned acres across 20 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
