Commercial Real Estate Market in Sparta, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
40 active listings and 386 off-market properties in Sparta, MI. Commercial property asks $3/SF to buy and $9.33/SF/Yr to lease.
Market Trends
Sparta, MI spans 52.2 square miles in Kent County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Sparta, MI asks $147/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 Sparta, MI asks $206/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 Sparta, 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 Sparta, MI asks $162/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 63.2%
- Industrial 23.6%
- Planned_development 11.6%
- Commercial 1.7%
Largest Zones share of zoned land by district
Residential Medium Density
Business
Planned Unit Development
Residential High Density
Central Business District
Sparta, MI zones 1,622 acres across 6 districts. Commercial zoning covers 1.7% of zoned land, residential 63.2% and industrial 23.6%. The largest single district is Residential Medium Density at 54.3%. For commercial buyers the practical constraint is that only 25.3% of land carries a commercial or industrial designation.
Residential Medium Density (R-M)
The R-M district is intended to provide for stable, moderate density residential areas by ensuring compatible residential density, encouraging a safe environment for family life, and protecting these areas from undesirable land uses. The purpose of this district is to preserve the character, amenities and property values associated with moderate-density resi…
Market overview
Demographics & Economy
Sparta, MI has 13,734 residents in 5,074 households. Density runs 263 people per square mile. Median household income here is $84,918 and median gross rent $968 a month.
13,734
Population
5,074
Households
2.7
Avg Household Size
39
Median Age
28%
College-Educated
93%
High-School Grad
52.2 sq mi
ZIP Area
263
Density / Sq Mi
$84,918
Median Household Income
$44,051
Median Earnings
$968
Median Rent
$261,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Kent City | — | $10.25 |
| Belmont | — | $19.49 |
| Casnovia | — | — |
| Rockford | — | $13.58 |
Commercial property in Sparta, MI asks $3/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Sparta?
Commercial property in Sparta, MI asks an average of $3 per square foot. Retail carries the highest asking price at $206/SF.
How much does it cost to lease commercial space in Sparta?
Asking lease rates in Sparta, MI average $9.33 per square foot per year.
What zoning applies to commercial property in Sparta?
Sparta, MI zones 1,622 acres across 6 districts, of which 1.7% is commercial and 23.6% industrial. The largest single district is Residential Medium Density at 54.3% of zoned land. The R-M district is intended to provide for stable, moderate density residential areas by ensuring compatible residential density, encouraging a safe environment for family life, and protecting these areas from undesirable land uses. The purpose of this district is to preserve the character, amenities and property values associated with moderate-density resi… Residential zoning covers 63.2% and open space 0%.
Where does Realmo's Sparta market data come from?
Realmo compiles Sparta, MI figures from 3 recent recorded sales, 37 active sale listings, 3 active lease listings, 386 tracked off-market properties, the current Sparta zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 37 active for-sale and 3 active for-lease listings in Sparta, 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: 1,622 zoned acres across 6 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
