Commercial Real Estate Market in Melvindale, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
18 active listings and 463 off-market properties in Melvindale, MI. Commercial property asks $74/SF to buy and $15.79/SF/Yr to lease.
Market Trends
Melvindale, MI spans 2.7 square miles in Wayne County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Melvindale, 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 Melvindale, 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 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%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily space in Melvindale, 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
- Residential 51.7%
- Industrial 40.6%
- Commercial 7.7%
Largest Zones share of zoned land by district
One Family Residential
General Manufacturing
Light Manufacturing
General Commercial
Multiple Family Residential
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.
One Family Residential (R-1)
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.
12,825
Population
4,693
Households
2.7
Avg Household Size
32
Median Age
15%
College-Educated
70%
High-School Grad
2.7 sq mi
ZIP Area
4,714
Density / Sq Mi
$41,356
Median Household Income
$30,744
Median Earnings
$1,116
Median Rent
$113,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Dearborn | $74 (county avg) | $17.92 |
| Allen Park | $74 (county avg) | — |
| River Rouge | $74 (county avg) | — |
| Lincoln Park | $74 (county avg) | $14.53 |
Commercial property in Melvindale, MI asks $74/SF. The 4 bordering markets run from $74/SF in Dearborn to $74/SF in Dearborn, 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 Melvindale?
Commercial property in Melvindale, MI asks an average of $74 per square foot. Office carries the highest asking price at $89/SF.
How much does it cost to lease commercial space in Melvindale?
Asking lease rates in Melvindale, MI average $15.79 per square foot per year.
How does Melvindale compare to nearby markets on price?
Melvindale, MI asks $74/SF against $74/SF in Dearborn, $74/SF in Allen Park, $74/SF in River Rouge and $74/SF in Lincoln Park.
What zoning applies to commercial property in Melvindale?
Melvindale, MI zones 1,773 acres across 10 districts, of which 7.7% is commercial and 40.6% industrial. The largest single district is One Family Residential at 44.2% of zoned land. 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… Residential zoning covers 51.7% and open space 0%.
Where does Realmo's Melvindale market data come from?
Realmo compiles Melvindale, MI figures from 2 recent recorded sales, 10 active sale listings, 8 active lease listings, 463 tracked off-market properties, the current Melvindale zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 10 active for-sale and 8 active for-lease listings in Melvindale, 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: 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 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
