Commercial Real Estate Market in Sterling Heights, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
166 active listings and 1,960 off-market properties in Sterling Heights, MI. Commercial property asks $177/SF to buy and $16.95/SF/Yr to lease.
Market Trends
Sterling Heights, MI spans 36.4 square miles in Macomb County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Sterling Heights, MI has a median asking sale price of $191/SF (based on 8 listings). Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Sterling Heights, MI has a median asking sale price of $250/SF (based on 5 listings). Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Sterling Heights, 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 Sterling Heights, MI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Market overview
Demographics & Economy
Sterling Heights, MI has 134,346 residents in 53,255 households. Density runs 3,686 people per square mile. Median household income here is $78,951 and median gross rent $1,268 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Troy | $159 | $17.95 |
| Utica | $189 | $17.95 |
| Clawson | $167 | $10.99 |
| Warren | $90 | $15.32 |
Commercial property in Sterling Heights, MI asks $177/SF. The 4 bordering markets run from $90/SF in Warren to $189/SF in Utica, and the city sits above their $163/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Sterling Heights?
How much does it cost to lease commercial space in Sterling Heights?
How does Sterling Heights compare to nearby markets on price?
Where does Realmo's Sterling Heights market data come from?
Methodology & data sources
- Asking prices and medians
- There are 49 active for-sale and 117 active for-lease listings in Sterling Heights, MI. The medians are based on 20 of the for-sale and 68 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, 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
