Commercial Real Estate Market in Melvindale, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
14 active listings and 463 off-market properties in Melvindale, MI.
Market Trends
Melvindale, MI spans 2.7 square miles in Wayne County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Melvindale, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Melvindale, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Melvindale, 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 Melvindale, 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 51.7%
- Industrial 40.6%
- Commercial 7.7%
Largest Zones share of zoned land by district
Melvindale, MI zones 1,773 acres across 10 districts. Commercial zoning covers 7.7% of zoned land, residential 51.7% and industrial 40.6%. The largest single district is One Family Residential at 44.2%. For commercial buyers the practical constraint is that only 48.3% of land carries a commercial or industrial designation.
CTS AND MAP ARTICLE III. - ZONING DISTRICTS AND MAP Sec. 24-51. - Districts. Sec. 24-52. - Map. Secs. 24-53-24-70. - Reserved. Expand ARTICLE IV. - GENERAL PROVISIONS ARTICLE IV. - GENERAL PROVISIONS Expand ARTICLE V. - R-1, ONE-FAMILY RESIDENTIAL DISTRICT ARTICLE V. - R-1, ONE-FAMILY RESIDENTIAL DISTRICT Expand ARTICLE VI. - R-2, TWO-FAMILY RESIDENTIAL DIST…
Market overview
Demographics & Economy
Melvindale, MI has 12,825 residents in 4,693 households. Density runs 4,714 people per square mile. Median household income here is $41,356 and median gross rent $1,116 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Dearborn | $147 | $15.71 |
| Lincoln Park | $97 | $15.00 |
Commercial property in Melvindale, MI asks $126/SF. The 2 bordering markets run from $97/SF in Lincoln Park to $147/SF in Dearborn, and the city sits above their $122/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Melvindale?
How does Melvindale compare to nearby markets on price?
What zoning applies to commercial property in Melvindale?
Where does Realmo's Melvindale market data come from?
Methodology & data sources
- Asking prices and medians
- There are 8 active for-sale and 6 active for-lease listings in Melvindale, MI. The sale median is based on 5 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: 1,773 zoned acres across 10 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
