Commercial Real Estate Market in Warren, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
205 active listings and 3,895 off-market properties in Warren, MI. Commercial property asks $90/SF to buy and $15.41/SF/Yr to lease.
Market Trends
Warren, MI spans 34.4 square miles in Macomb County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Warren, MI has a median asking sale price of $150/SF (based on 7 listings). Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Warren, MI has a median asking sale price of $93/SF. Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial space in Warren, MI has a median asking sale price of $79/SF. 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 space in Warren, MI has a median asking sale price of $129/SF (based on 6 listings). Vacancy 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 46.5%
- Industrial 44.5%
- Commercial 0.3%
- Planned_development 0.1%
- Open space 0.1%
Largest Zones share of zoned land by district
Warren, MI zones 2,994 acres across 26 districts. Commercial zoning covers 0.3% of zoned land, residential 46.5%, open space 0.1% and industrial 44.5%. The largest single district is One Family Residential 60 Lots at 34.1%. For commercial buyers the practical constraint is that only 44.8% of land carries a commercial or industrial designation.
M-1 and M-2. Section 4A.14 (b) - Prohibited Signs: Exterior rope lighting, except temporary lighting. Chairman Sophiea said good evening. CITY OF WARREN ZONING BOARD OF APPEALS Minutes of August 13, 2025 Page 12 Sarah Mheisen, 4090 Nine Mile, appeared before the board stating on behalf of Bazo Construction. Chairman Sophiea asked her to please tell the board…
Market overview
Demographics & Economy
Warren, MI has 139,387 residents in 57,681 households. Density runs 4,055 people per square mile. Median household income here is $63,494 and median gross rent $1,178 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Fraser | $80 | $10.00 |
| Roseville | $90 | $15.65 |
| Eastpointe | $100 | $15.15 |
Commercial property in Warren, MI asks $90/SF. The 3 bordering markets run from $80/SF in Fraser to $100/SF in Eastpointe, and the city sits in line with their $90/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Warren?
How much does it cost to lease commercial space in Warren?
How does Warren compare to nearby markets on price?
What zoning applies to commercial property in Warren?
Where does Realmo's Warren market data come from?
Methodology & data sources
- Asking prices and medians
- There are 106 active for-sale and 99 active for-lease listings in Warren, MI. The medians are based on 56 of the for-sale and 42 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: 2,994 zoned acres across 26 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
