Commercial Real Estate Market in Taylor, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
121 active listings and 1,897 off-market properties in Taylor, MI. Commercial property asks $74/SF to buy and $16.95/SF/Yr to lease.
Market Trends
Taylor, MI spans 23.6 square miles in Wayne County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Taylor, MI asks $89/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 Taylor, MI asks $78/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 Taylor, 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 Taylor, MI asks $61/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 58.3%
- Industrial 22.7%
- Commercial 12.9%
- Planned_development 4.1%
- Open space 1.3%
- Mixed use 0.5%
- Civic 0.4%
Largest Zones share of zoned land by district
Single Family Residential
Light Industrial
Single Family Residential
General Industrial
Single Family Residential
Taylor, MI zones 12,563 acres across 33 districts. Commercial zoning covers 12.9% of zoned land, residential 58.3%, open space 1.3% and industrial 22.7%. The largest single district is Single Family Residential at 38.5%. For commercial buyers the practical constraint is that only 35.6% of land carries a commercial or industrial designation.
Single Family Residential (R-1C)
Districts are intended to provide sites for single-family detached dwellings and residentially-related uses that serve the residents in the district
Market overview
Demographics & Economy
Taylor, MI has 63,409 residents in 26,741 households. Density runs 2,685 people per square mile. Median household income here is $59,537 and median gross rent $1,036 a month.
63,409
Population
26,741
Households
2.4
Avg Household Size
39
Median Age
16%
College-Educated
87%
High-School Grad
23.6 sq mi
ZIP Area
2,685
Density / Sq Mi
$59,537
Median Household Income
$40,090
Median Earnings
$1,036
Median Rent
$141,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Dearborn Heights | $74 (county avg) | $11.76 |
| Allen Park | $74 (county avg) | — |
| Inkster | $74 (county avg) | — |
| Southgate | $74 (county avg) | $15.63 |
Commercial property in Taylor, MI asks $74/SF. The 4 bordering markets run from $74/SF in Dearborn Heights to $74/SF in Dearborn Heights, and the city sits in line with their $74/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Taylor?
Commercial property in Taylor, MI asks an average of $74 per square foot. Office carries the highest asking price at $89/SF.
How much does it cost to lease commercial space in Taylor?
Asking lease rates in Taylor, MI average $16.95 per square foot per year.
How does Taylor compare to nearby markets on price?
Taylor, MI asks $74/SF against $74/SF in Dearborn Heights, $74/SF in Allen Park, $74/SF in Inkster and $74/SF in Southgate.
What zoning applies to commercial property in Taylor?
Taylor, MI zones 12,563 acres across 33 districts, of which 12.9% is commercial and 22.7% industrial. The largest single district is Single Family Residential at 38.5% of zoned land. Districts are intended to provide sites for single-family detached dwellings and residentially-related uses that serve the residents in the district Residential zoning covers 58.3% and open space 1.3%.
Where does Realmo's Taylor market data come from?
Realmo compiles Taylor, MI figures from 4 recent recorded sales, 79 active sale listings, 42 active lease listings, 1,897 tracked off-market properties, the current Taylor zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 79 active for-sale and 42 active for-lease listings in Taylor, 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.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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: 12,563 zoned acres across 33 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
