Commercial Real Estate Market in Warren, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
267 active listings and 3,896 off-market properties in Warren, MI. Commercial property asks $55/SF to buy and $14.87/SF/Yr to lease.
Market Trends
Warren, MI spans 34.4 square miles in Macomb County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Warren, MI asks $141/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 Warren, MI asks $121/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 Warren, 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 Warren, MI asks $131/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 46.5%
- Industrial 44.5%
- Commercial 0.3%
- Planned_development 0.1%
- Open space 0.1%
Largest Zones share of zoned land by district
One Family Residential 60 Lots
Medium Heavy Industrial
Arsenal Industrial District
Heavy Industrial
Medium Light Industrial
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.
Medium Light Industrial (M-2)
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.
139,387
Population
57,681
Households
2.4
Avg Household Size
39
Median Age
20%
College-Educated
86%
High-School Grad
34.4 sq mi
ZIP Area
4,055
Density / Sq Mi
$63,494
Median Household Income
$39,066
Median Earnings
$1,178
Median Rent
$168,231
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Fraser | — | $11.49 |
| Roseville | — | $15.28 |
| Center Line | — | — |
| Eastpointe | — | $10.62 |
Commercial property in Warren, MI asks $55/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Warren?
Commercial property in Warren, MI asks an average of $55 per square foot. The 4 most recent recorded sales traded at a median of $72/SF. Office carries the highest asking price at $141/SF.
How much does it cost to lease commercial space in Warren?
Asking lease rates in Warren, MI average $14.87 per square foot per year.
What zoning applies to commercial property in Warren?
Warren, MI zones 2,994 acres across 26 districts, of which 0.3% is commercial and 44.5% industrial. The largest single district is One Family Residential 60 Lots at 34.1% of zoned land. Residential zoning covers 46.5% and open space 0.1%.
Where does Realmo's Warren market data come from?
Realmo compiles Warren, MI figures from 4 recent recorded sales, 170 active sale listings, 97 active lease listings, 3,896 tracked off-market properties, the current Warren zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 170 active for-sale and 97 active for-lease listings in Warren, 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.
- 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 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
