Commercial Real Estate Market in Sylvan Lake, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
9 active listings and 93 off-market properties in Sylvan Lake, MI. Commercial property asks $137/SF to buy (based on 3 listings) and $13.50/SF/Yr to lease (based on 4 listings).
Market Trends
Sylvan Lake, MI spans 1.1 square miles in Oakland County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Sylvan Lake, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Sylvan Lake, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Sylvan Lake, 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 Sylvan Lake, MI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Market overview
Demographics & Economy
Sylvan Lake, MI has 4,328 residents in 2,269 households. Density runs 3,952 people per square mile. Median household income here is $77,700 and median gross rent $1,153 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Auburn Hills | $127 | $12.50 |
| Pontiac | $124 | $12.00 |
| West Bloomfield | $175 | $19.98 |
| Waterford | $125 | $12.00 |
Commercial property in Sylvan Lake, MI asks $137/SF. The 4 bordering markets run from $124/SF in Pontiac to $175/SF in West Bloomfield, and the city sits above their $126/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Sylvan Lake?
How much does it cost to lease commercial space in Sylvan Lake?
How does Sylvan Lake compare to nearby markets on price?
Where does Realmo's Sylvan Lake market data come from?
Methodology & data sources
- Asking prices and medians
- There are 3 active for-sale and 6 active for-lease listings in Sylvan Lake, MI. The medians are based on 3 of the for-sale and 4 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
