Commercial Real Estate Market in Riverview, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
15 active listings and 304 off-market properties in Riverview, MI. Commercial property asks $74/SF to buy and $8.64/SF/Yr to lease.
Market Trends
Riverview, MI spans 12.4 square miles in Wayne County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Riverview, 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 Riverview, 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 Riverview, 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 Riverview, 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 36.3%
- Industrial 15.2%
- Commercial 3.1%
- Planned_development 2.1%
Largest Zones share of zoned land by district
Public Semi Public Services
Single Family Residential 6000 Square Feet
General Industrial
Single Family Residential 8750 Square Feet
Single Family Residential 10400 Square Feet
Single Family Residential 6000 Square Feet (R-4)
TE, AND ADOPTION ARTICLE 26 - SEVERABILITY, REPEAL, EFFECTIVE DATE, AND ADOPTION CODE COMPARATIVE TABLE (This content was modified in this version of the code.) modified Section 1.02 - Intent. ARTICLE 3 - R-1, R-2, R-3, R-4, R-5, RM, RM-1, RM-2 and MHP, RESIDENTIAL DISTRICTS ARTICLE 2 - ESTABLISHMENT OF ZONING DISTRICTS Share Link Print Download (docx) Email…
Market overview
Demographics & Economy
Riverview, MI has 41,168 residents in 18,216 households. Density runs 3,308 people per square mile. Median household income here is $69,821 and median gross rent $1,031 a month.
41,168
Population
18,216
Households
2.3
Avg Household Size
43
Median Age
23%
College-Educated
92%
High-School Grad
12.4 sq mi
ZIP Area
3,308
Density / Sq Mi
$69,821
Median Household Income
$43,176
Median Earnings
$1,031
Median Rent
$177,583
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Trenton | $74 (county avg) | $12.50 |
| Southgate | $74 (county avg) | $15.63 |
| Wyandotte | $74 (county avg) | $14.00 |
| Woodhaven | $74 (county avg) | — |
Commercial property in Riverview, MI asks $74/SF. The 4 bordering markets run from $74/SF in Trenton to $74/SF in Trenton, 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 Riverview?
Commercial property in Riverview, 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 Riverview?
Asking lease rates in Riverview, MI average $8.64 per square foot per year.
How does Riverview compare to nearby markets on price?
Riverview, MI asks $74/SF against $74/SF in Trenton, $74/SF in Southgate, $74/SF in Wyandotte and $74/SF in Woodhaven.
Where does Realmo's Riverview market data come from?
Realmo compiles Riverview, MI figures from 4 recent recorded sales, 10 active sale listings, 5 active lease listings, 304 tracked off-market properties, the current Riverview 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 5 active for-lease listings in Riverview, 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: 2,373 zoned acres across 16 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
