Commercial Real Estate Market in Spring Arbor, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
17 active listings and 99 off-market properties in Spring Arbor, MI. Commercial property asks $56/SF to buy (based on 3 listings) and $12.00/SF/Yr to lease.
Market Trends
Spring Arbor, MI spans 14.5 square miles in Jackson County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Spring Arbor, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Spring Arbor, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Spring Arbor, 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 Spring Arbor, MI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Market overview
Demographics & Economy
Spring Arbor, MI has 4,401 residents in 1,383 households. Density runs 304 people per square mile. Median household income here is $93,821 and median gross rent $1,253 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Parma | $81 | — |
| Jackson | $86 | $12.00 |
| Albion | $119 | — |
Commercial property in Spring Arbor, MI asks $56/SF. The 3 bordering markets run from $81/SF in Parma to $119/SF in Albion, and the city sits below their $86/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Spring Arbor?
How much does it cost to lease commercial space in Spring Arbor?
How does Spring Arbor compare to nearby markets on price?
Where does Realmo's Spring Arbor market data come from?
Methodology & data sources
- Asking prices and medians
- There are 6 active for-sale and 11 active for-lease listings in Spring Arbor, MI. The medians are based on 3 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.
- 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
