Commercial Real Estate Market in Reese, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 221 off-market properties in Reese, MI.
Market Trends
Reese, MI spans 55.2 square miles in Tuscola County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Reese, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Reese, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Reese, 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 Reese, 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 86.6%
- Civic 10.4%
- Industrial 2.3%
Largest Zones share of zoned land by district
Low Density One Family Residential
Medium Density One Family Residential
Multiple Family Residential
Commercial
Mobile Home Park
Reese, MI zones 857 acres across 7 districts. The largest single district is Low Density One Family Residential at 76.5%. For commercial buyers the practical constraint is that only 2.3% of land carries a commercial or industrial designation.
Low Density One Family Residential (R-1)
This zoning district is intended to include single family detached dwellings, adult foster care family homes, home occupations, group day care homes, foster family home, foster family group home
Market overview
Demographics & Economy
Reese, MI has 3,511 residents in 1,687 households. Density runs 64 people per square mile. Median household income here is $74,464 and median gross rent $909 a month.
3,511
Population
1,687
Households
2.1
Avg Household Size
46
Median Age
25%
College-Educated
97%
High-School Grad
55.2 sq mi
ZIP Area
64
Density / Sq Mi
$74,464
Median Household Income
$41,513
Median Earnings
$909
Median Rent
$172,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Richville | — | — |
| Munger | — | — |
| Frankenmuth | — | $16.24 |
| Vassar | — | — |
Commercial property in Reese, MI asks $275/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Reese?
Commercial property in Reese, MI asks an average of $275 per square foot.
What zoning applies to commercial property in Reese?
Reese, MI zones 857 acres across 7 districts, of which 0% is commercial and 2.3% industrial. The largest single district is Low Density One Family Residential at 76.5% of zoned land. This zoning district is intended to include single family detached dwellings, adult foster care family homes, home occupations, group day care homes, foster family home, foster family group home Residential zoning covers 86.6% and open space 0%.
Where does Realmo's Reese market data come from?
Realmo compiles Reese, MI figures from 4 recent recorded sales, 2 active sale listings, 221 tracked off-market properties, the current Reese zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 0 active for-lease listings in Reese, 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: 857 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
