Commercial Real Estate Market in Saline, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
51 active listings and 513 off-market properties in Saline, MI. Commercial property asks $108/SF to buy and $14.40/SF/Yr to lease.
Market Trends
Saline, MI spans 70.8 square miles in Washtenaw County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Saline, 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 Saline, MI asks $399/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 Saline, 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 Saline, MI asks $198/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 65.7%
- Industrial 17.1%
- Commercial 4.5%
Largest Zones share of zoned land by district
Single Family Residential
General Industrial
Special Planning Area East Michigan Overlay
Single Family Residential
Single Family Residential
Saline, MI zones 2,828 acres across 17 districts. Commercial zoning covers 4.5% of zoned land, residential 65.7% and industrial 17.1%. The largest single district is Single Family Residential at 38.1%. For commercial buyers the practical constraint is that only 21.6% of land carries a commercial or industrial designation.
Single Family Residential (R-1A)
This district is composed in those areas of the city where the principaluseis intended to be single family dwellings
Market overview
Demographics & Economy
Saline, MI has 22,833 residents in 9,076 households. Density runs 322 people per square mile. Median household income here is $110,987 and median gross rent $1,161 a month.
22,833
Population
9,076
Households
2.5
Avg Household Size
44
Median Age
58%
College-Educated
96%
High-School Grad
70.8 sq mi
ZIP Area
322
Density / Sq Mi
$110,987
Median Household Income
$53,263
Median Earnings
$1,161
Median Rent
$384,700
Median Home Value
Tools
Lease vs Buy Breakeven
At $14.40/SF/Yr lease vs $108/SF buy → buying wins if held > 0.8 years.
At a 13.4% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Freedom Township | — | — |
| Lodi Township | — | — |
| Clinton | — | — |
| Scio Township | — | — |
Commercial property in Saline, MI asks $108/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Saline?
Commercial property in Saline, MI asks an average of $108 per square foot. Retail carries the highest asking price at $399/SF.
How much does it cost to lease commercial space in Saline?
Asking lease rates in Saline, MI average $14.40 per square foot per year.
Is it cheaper to lease or buy commercial space in Saline?
Buying beats leasing in Saline, MI if the property is held longer than 0.8 years, comparing $14.40/SF/Yr asking rent with $108/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
What zoning applies to commercial property in Saline?
Saline, MI zones 2,828 acres across 17 districts, of which 4.5% is commercial and 17.1% industrial. The largest single district is Single Family Residential at 38.1% of zoned land. This district is composed in those areas of the city where the principaluseis intended to be single family dwellings Residential zoning covers 65.7% and open space 0%.
Where does Realmo's Saline market data come from?
Realmo compiles Saline, MI figures from 36 active sale listings, 15 active lease listings, 513 tracked off-market properties, the current Saline zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 36 active for-sale and 15 active for-lease listings in Saline, 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: 2,828 zoned acres across 17 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
