Commercial Real Estate Market in Lennon, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
4 active listings and 103 off-market properties in Lennon, MI.
Market Trends
Lennon, MI spans 24.8 square miles in Genesee County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Lennon, MI asks $64/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 Lennon, MI asks $60/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 Lennon, 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 Lennon, MI asks $109/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 96.1%
- Commercial 3.9%
Largest Zones share of zoned land by district
Residential Agricultural
Residential
Residential
General Business
Central Business
Lennon, MI zones 142 acres across 5 districts. Commercial zoning covers 3.9% of zoned land, residential 96.1%. The largest single district is Residential Agricultural at 77.9%. For commercial buyers the practical constraint is that only 3.9% of land carries a commercial or industrial designation.
Residential Agricultural (RA)
This zone is intended to promote residential agricultural district uses
Market overview
Demographics & Economy
Lennon, MI has 2,945 residents in 1,075 households. Density runs 119 people per square mile. Median household income here is $65,735 and median gross rent $1,111 a month.
2,945
Population
1,075
Households
2.7
Avg Household Size
43
Median Age
19%
College-Educated
94%
High-School Grad
24.8 sq mi
ZIP Area
119
Density / Sq Mi
$65,735
Median Household Income
$35,841
Median Earnings
$1,111
Median Rent
$141,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Vernon | — | — |
| Durand | — | — |
| Swartz Creek | — | — |
| Flushing | — | $14.67 |
Commercial property in Lennon, MI asks $137/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lennon?
Commercial property in Lennon, MI asks an average of $137 per square foot. Multifamily carries the highest asking price at $109/SF.
What zoning applies to commercial property in Lennon?
Lennon, MI zones 142 acres across 5 districts, of which 3.9% is commercial and 0% industrial. The largest single district is Residential Agricultural at 77.9% of zoned land. This zone is intended to promote residential agricultural district uses Residential zoning covers 96.1% and open space 0%.
Where does Realmo's Lennon market data come from?
Realmo compiles Lennon, MI figures from 5 recent recorded sales, 4 active sale listings, 103 tracked off-market properties, the current Lennon zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 4 active for-sale and 0 active for-lease listings in Lennon, 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: 142 zoned acres across 5 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
