Commercial Real Estate Market in Pleasant Ridge, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 32 off-market properties in Pleasant Ridge, MI.
Market Trends
Pleasant Ridge, MI spans 0.6 square miles in Oakland County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Pleasant Ridge, MI asks $120/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 Pleasant Ridge, MI asks $175/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 Pleasant Ridge, 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 Pleasant Ridge, MI asks $159/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
Market overview
Demographics & Economy
Pleasant Ridge, MI has 2,627 residents in 1,201 households. Density runs 4,597 people per square mile. Median household income here is $161,058 and median gross rent $1,795 a month.
2,627
Population
1,201
Households
2.2
Avg Household Size
45
Median Age
80%
College-Educated
99%
High-School Grad
0.6 sq mi
ZIP Area
4,597
Density / Sq Mi
$161,058
Median Household Income
$96,679
Median Earnings
$1,795
Median Rent
$435,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Ferndale | — | $20.11 |
| Huntington Woods | — | — |
| Royal Oak | — | $20.32 |
| Hazel Park | — | $11.63 |
Commercial property in Pleasant Ridge, MI asks $541/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Pleasant Ridge?
Commercial property in Pleasant Ridge, MI asks an average of $541 per square foot. Retail carries the highest asking price at $175/SF.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 0 active for-lease listings in Pleasant Ridge, 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.
- 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
