Commercial Real Estate Market in Leslie, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
7 active listings and 182 off-market properties in Leslie, MI.
Market Trends
Leslie, MI spans 58.3 square miles in Ingham County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Leslie, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Leslie, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Leslie, 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%.
Multifamily
Multifamily vacancy in Leslie, 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 72%
- Agricultural 12.2%
- Commercial 8.2%
- Industrial 7.7%
Largest Zones share of zoned land by district
Leslie, MI zones 855 acres across 7 districts. Commercial zoning covers 8.2% of zoned land, residential 72% and industrial 7.7%. The largest single district is Low Density Residential at 50.9%. For commercial buyers the practical constraint is that only 15.8% of land carries a commercial or industrial designation.
DIVISION 2. - R-1A ONE-FAMILY LOW DENSITY RESIDENTIAL DISTRICT Sec. 98-166. - Intent and purpose. (a) This section establishes the R-1A one-family low density residential district. It is the purpose of the R-1A one-family low density residential district to encourage a predominance of residential dwellings located on individual parcels of land housing only o…
Market overview
Demographics & Economy
Leslie, MI has 6,136 residents in 2,499 households. Density runs 105 people per square mile. Median household income here is $83,458 and median gross rent $1,083 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Mason | $153 | $20.00 |
| Stockbridge | $115 | — |
Commercial property in Leslie, MI asks $111/SF. The 2 bordering markets run from $115/SF in Stockbridge to $153/SF in Mason, and the city sits below their $134/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Leslie?
How does Leslie compare to nearby markets on price?
What zoning applies to commercial property in Leslie?
Where does Realmo's Leslie market data come from?
Methodology & data sources
- Asking prices and medians
- There are 5 active for-sale and 2 active for-lease listings in Leslie, MI. The sale median is based on 3 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. 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: 855 zoned acres across 7 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
