Commercial Real Estate Market in Marcellus, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
20 active listings and 126 off-market properties in Marcellus, MI.
Market Trends
Marcellus, MI spans 82.2 square miles in Cass County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Marcellus, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail space in Marcellus, MI asks $133/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 Marcellus, 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 vacancy in Marcellus, MI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 74.6%
- Industrial 21.5%
- Commercial 3.2%
Largest Zones share of zoned land by district
Single And Two Family Residential
Industrial
Enterprise
Multiple Family Residential
Manufactured Housing Community
Marcellus, MI zones 549 acres across 7 districts. Commercial zoning covers 3.2% of zoned land, residential 74.6% and industrial 21.5%. The largest single district is Single And Two Family Residential at 66.3%. For commercial buyers the practical constraint is that only 24.7% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Marcellus, MI has 4,440 residents in 1,977 households. Density runs 54 people per square mile. Median household income here is $77,581 and median gross rent $903 a month.
4,440
Population
1,977
Households
2.2
Avg Household Size
45
Median Age
15%
College-Educated
93%
High-School Grad
82.2 sq mi
ZIP Area
54
Density / Sq Mi
$77,581
Median Household Income
$42,222
Median Earnings
$903
Median Rent
$186,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Jones | — | — |
| Three Rivers | — | $9.67 |
| Vandalia | — | — |
| Lawton | — | — |
Commercial property in Marcellus, MI asks $82/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Marcellus?
Commercial property in Marcellus, MI asks an average of $82 per square foot. Retail carries the highest asking price at $133/SF.
What zoning applies to commercial property in Marcellus?
Marcellus, MI zones 549 acres across 7 districts, of which 3.2% is commercial and 21.5% industrial. The largest single district is Single And Two Family Residential at 66.3% of zoned land. Residential zoning covers 74.6% and open space 0%.
Where does Realmo's Marcellus market data come from?
Realmo compiles Marcellus, MI figures from 6 recent recorded sales, 20 active sale listings, 126 tracked off-market properties, the current Marcellus zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 20 active for-sale and 0 active for-lease listings in Marcellus, 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: 549 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 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
