Commercial Real Estate Market in Southgate, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
57 active listings and 912 off-market properties in Southgate, MI. Commercial property asks $150/SF to buy and $14.00/SF/Yr to lease.
Market Trends
Southgate, MI spans 6.9 square miles in Wayne County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Southgate, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Southgate, MI has a median asking sale price of $150/SF (based on 8 listings). Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Southgate, 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 Southgate, 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 90.4%
- Planned_development 5.2%
- Commercial 3.7%
- Industrial 0.6%
- Open space 0%
Largest Zones share of zoned land by district
Southgate, MI zones 1,684 acres across 14 districts. Commercial zoning covers 3.7% of zoned land, residential 90.4%, open space 0% and industrial 0.6%. The largest single district is One Family Residential at 57.4%. For commercial buyers the practical constraint is that only 4.3% of land carries a commercial or industrial designation.
X - Zoning Code CHAPTER 1260 General Provisions and Definitions CHAPTER 1262 Administration, Enforcement and Penalty CHAPTER 1264 Board of Zoning Appeals CHAPTER 1266 Districts Generally and Zoning Map CHAPTER 1268 R-1, R-1A and R-1B One-Family Residential Districts CHAPTER 1270 R-2 Two-Family Residential Districts CHAPTER 1272 RM Multiple-Family Residential…
Market overview
Demographics & Economy
Southgate, MI has 30,014 residents in 13,033 households. Density runs 4,366 people per square mile. Median household income here is $64,635 and median gross rent $1,102 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Lincoln Park | $97 | $15.00 |
| Wyandotte | $83 | $17.00 |
| Allen Park | $118 | $15.43 |
Commercial property in Southgate, MI asks $150/SF. The 3 bordering markets run from $83/SF in Wyandotte to $118/SF in Allen Park, and the city sits above their $97/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Southgate?
How much does it cost to lease commercial space in Southgate?
How does Southgate compare to nearby markets on price?
What zoning applies to commercial property in Southgate?
Where does Realmo's Southgate market data come from?
Methodology & data sources
- Asking prices and medians
- There are 24 active for-sale and 33 active for-lease listings in Southgate, MI. The medians are based on 12 of the for-sale and 11 of the for-lease listings, those that state a price or 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: 1,684 zoned acres across 14 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, industrial vacancy is reported at Midwest region level and asking prices run materially above recent closed pricing.
- 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
