Commercial Real Estate Market in Taylor, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
87 active listings and 1,897 off-market properties in Taylor, MI. Commercial property asks $104/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 October 2026.
Office
Office space in Taylor, MI has a median asking sale price of $112/SF (based on 5 listings). Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Taylor, MI has a median asking sale price of $162/SF (based on 6 listings). Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial space in Taylor, MI has a median asking sale price of $89/SF (based on 7 listings). Vacancy 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 Taylor, MI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
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
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.
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.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Dearborn Heights | $264 | $18.65 |
| Inkster | $82 | — |
| Southgate | $150 | $14.00 |
Commercial property in Taylor, MI asks $104/SF. The 3 bordering markets run from $82/SF in Inkster to $264/SF in Dearborn Heights, and the city sits below their $150/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Taylor?
How much does it cost to lease commercial space in Taylor?
How does Taylor compare to nearby markets on price?
What zoning applies to commercial property in Taylor?
Where does Realmo's Taylor market data come from?
Methodology & data sources
- Asking prices and medians
- There are 41 active for-sale and 46 active for-lease listings in Taylor, MI. The medians are based on 20 of the for-sale and 19 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.
- 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 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
