Commercial Real Estate Market in Lake Isabella, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
69 active listings and 158 off-market properties in Lake Isabella, MI.
Market Trends
Lake Isabella, MI spans 51.2 square miles in Isabella County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Lake Isabella, MI asks $70/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 Lake Isabella, MI asks $75/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 Lake Isabella, 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 Lake Isabella, MI asks $85/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
Market overview
Demographics & Economy
Lake Isabella, MI has 5,400 residents in 2,721 households. Density runs 105 people per square mile. Median household income here is $71,081 and median gross rent $1,475 a month.
5,400
Population
2,721
Households
2
Avg Household Size
44
Median Age
22%
College-Educated
91%
High-School Grad
51.2 sq mi
ZIP Area
105
Density / Sq Mi
$71,081
Median Household Income
$41,743
Median Earnings
$1,475
Median Rent
$171,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Remus | — | — |
| Winn | — | — |
| Millbrook | — | — |
| Barryton | — | — |
Commercial property in Lake Isabella, MI asks $145/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lake Isabella?
Commercial property in Lake Isabella, MI asks an average of $145 per square foot. Multifamily carries the highest asking price at $85/SF.
Methodology & data sources
- Asking prices and averages
- Computed from 69 active for-sale and 0 active for-lease listings in Lake Isabella, 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 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
