Commercial Real Estate Market in Schoolcraft, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
24 active listings and 303 off-market properties in Schoolcraft, MI.
Market Trends
Schoolcraft, MI spans 62.5 square miles in Kalamazoo County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Schoolcraft, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Schoolcraft, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Schoolcraft, 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%.
Multifamily
Multifamily vacancy in Schoolcraft, MI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 64.3%
- Industrial 19.8%
- Commercial 9.9%
- Civic 6%
Largest Zones share of zoned land by district
Schoolcraft, MI zones 617 acres across 10 districts. Commercial zoning covers 9.9% of zoned land, residential 64.3% and industrial 19.8%. The largest single district is Single Family Residential District at 46.7%. For commercial buyers the practical constraint is that only 29.7% of land carries a commercial or industrial designation.
These zoning districts are intended to preserve and promote the character of low density single-family neighborhoods.
Market overview
Demographics & Economy
Schoolcraft, MI has 6,403 residents in 2,474 households. Density runs 102 people per square mile. Median household income here is $94,556 and median gross rent $968 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Vicksburg | $50 | — |
| Portage | $115 | $17.75 |
| Three Rivers | $70 | $12.00 |
| Kalamazoo | $110 | $17.00 |
Frequently Asked Questions
How much does it cost to lease commercial space in Schoolcraft?
What zoning applies to commercial property in Schoolcraft?
Where does Realmo's Schoolcraft market data come from?
Methodology & data sources
- Asking prices and medians
- There are 3 active for-sale and 21 active for-lease listings in Schoolcraft, MI. Too few for-sale listings state a price per square foot for a sale median; the rent median is based on 19 of the for-lease listings that state a rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 617 zoned acres across 10 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
