Commercial Real Estate Market in Livonia, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
175 active listings and 2,343 off-market properties in Livonia, MI. Commercial property asks $133/SF to buy and $15.00/SF/Yr to lease.
Market Trends
Livonia, MI spans 35.7 square miles in Wayne County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Livonia, MI asks $14.07/SF/Yr to lease; the median asking sale price is $172/SF (based on 7 listings). Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Livonia, MI has a median asking sale price of $144/SF (based on 6 listings). Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Livonia, 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 Livonia, 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
- Agricultural 21.1%
- Industrial 13.7%
- Commercial 10.2%
- Residential 2.7%
- Open space 0.2%
Largest Zones share of zoned land by district
This zone is intended to promote rural urban farm district uses
Market overview
Demographics & Economy
Livonia, MI has 95,535 residents in 38,976 households. Density runs 2,675 people per square mile. Median household income here is $96,264 and median gross rent $1,265 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Garden City | $179 | $14.65 |
| Inkster | $82 | — |
| Wayne | $100 | $12.74 |
| Westland | $114 | $15.00 |
Commercial property in Livonia, MI asks $133/SF. The 4 bordering markets run from $82/SF in Inkster to $179/SF in Garden City, and the city sits above their $107/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Livonia?
How much does it cost to lease commercial space in Livonia?
How does Livonia compare to nearby markets on price?
Where does Realmo's Livonia market data come from?
Methodology & data sources
- Asking prices and medians
- There are 47 active for-sale and 128 active for-lease listings in Livonia, MI. The medians are based on 17 of the for-sale and 61 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: 18,917 zoned acres across 16 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
