Commercial Real Estate Market in Livonia, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
194 active listings and 2,343 off-market properties in Livonia, MI. Commercial property asks $74/SF to buy and $18.00/SF/Yr to lease.
Market Trends
Livonia, MI spans 35.7 square miles in Wayne County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Livonia, MI asks $89/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 Livonia, MI asks $78/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 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%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily space in Livonia, MI asks $61/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
- Agricultural 21.1%
- Industrial 13.7%
- Commercial 10.2%
- Residential 2.7%
- Open space 0.2%
Largest Zones share of zoned land by district
Rural Urban Farm
Neighborhood
Neighborhood
Public Lands
Light Manufacturing
Rural Urban Farm (RUF)
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.
95,535
Population
38,976
Households
2.5
Avg Household Size
45
Median Age
41%
College-Educated
95%
High-School Grad
35.7 sq mi
ZIP Area
2,675
Density / Sq Mi
$96,264
Median Household Income
$53,990
Median Earnings
$1,265
Median Rent
$269,402
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Garden City | $74 (county avg) | $18.12 |
| Inkster | $74 (county avg) | — |
| Wayne | $74 (county avg) | $18.05 |
| Westland | $74 (county avg) | $15.25 |
Commercial property in Livonia, MI asks $74/SF. The 4 bordering markets run from $74/SF in Garden City to $74/SF in Garden City, and the city sits in line with their $74/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Livonia?
Commercial property in Livonia, MI asks an average of $74 per square foot. The 3 most recent recorded sales traded at a median of $170/SF. Office carries the highest asking price at $89/SF.
How much does it cost to lease commercial space in Livonia?
Asking lease rates in Livonia, MI average $18.00 per square foot per year.
How does Livonia compare to nearby markets on price?
Livonia, MI asks $74/SF against $74/SF in Garden City, $74/SF in Inkster, $74/SF in Wayne and $74/SF in Westland.
Where does Realmo's Livonia market data come from?
Realmo compiles Livonia, MI figures from 5 recent recorded sales, 72 active sale listings, 122 active lease listings, 2,343 tracked off-market properties, the current Livonia zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 72 active for-sale and 122 active for-lease listings in Livonia, 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.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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 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
