Commercial Real Estate Market in Muir, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
5 active listings and 51 off-market properties in Muir, MI. Commercial property asks $78/SF to buy and $7.00/SF/Yr to lease.
Market Trends
Muir, MI spans 28.2 square miles in Ionia County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Muir, 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 Muir, MI asks $69/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 Muir, 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 Muir, 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
- Commercial 64.6%
- Agricultural 35.4%
Largest Zones share of zoned land by district
Neighborhood District
Agriculture District
Highway District
Downtown District
Neighborhood District (N)
N Neighborhood District: This zoning district is intended to provide and maintain a residential living environment with housing of many types, for a wide variety of lifestyles, and to allow home-based businesses to operate and grow. H Highway District: The intent of the Highway District is to protect and enhance the commercial character of the M-21 corridor,…
Market overview
Demographics & Economy
Muir, MI has 1,309 residents in 517 households. Density runs 46 people per square mile. Median household income here is $58,750 and median gross rent $771 a month.
1,309
Population
517
Households
2.5
Avg Household Size
39
Median Age
6%
College-Educated
94%
High-School Grad
28.2 sq mi
ZIP Area
46
Density / Sq Mi
$58,750
Median Household Income
$41,759
Median Earnings
$771
Median Rent
$162,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lyons | — | — |
| Pewamo | — | — |
| Ionia | — | $8.50 |
| Palo | — | — |
Commercial property in Muir, MI asks $78/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Muir?
Commercial property in Muir, MI asks an average of $78 per square foot. Retail carries the highest asking price at $69/SF.
How much does it cost to lease commercial space in Muir?
Asking lease rates in Muir, MI average $7.00 per square foot per year.
Where does Realmo's Muir market data come from?
Realmo compiles Muir, MI figures from 4 active sale listings, 1 active lease listings, 51 tracked off-market properties, the current Muir zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 4 active for-sale and 1 active for-lease listings in Muir, 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: 409 zoned acres across 4 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
