Commercial Real Estate Market in West Bloomfield, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
52 active listings and 296 off-market properties in West Bloomfield, MI. Commercial property asks $60/SF to buy and $27.98/SF/Yr to lease.
Market Trends
West Bloomfield, MI spans 28.9 square miles in Oakland County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in West Bloomfield, MI asks $120/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 West Bloomfield, MI asks $175/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 West Bloomfield, 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 West Bloomfield, MI asks $159/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
Market overview
Demographics & Economy
West Bloomfield, MI has 67,285 residents in 26,634 households. Density runs 2,329 people per square mile. Median household income here is $131,513 and median gross rent $1,789 a month.
67,285
Population
26,634
Households
2.5
Avg Household Size
47
Median Age
59%
College-Educated
95%
High-School Grad
28.9 sq mi
ZIP Area
2,329
Density / Sq Mi
$131,513
Median Household Income
$62,582
Median Earnings
$1,789
Median Rent
$407,591
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bloomfield Hills | — | $21.89 |
| Bloomfield Township | — | — |
| Southfield Township | — | $18.48 |
| Keego Harbor | — | $14.80 |
Commercial property in West Bloomfield, MI asks $60/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in West Bloomfield?
Commercial property in West Bloomfield, MI asks an average of $60 per square foot. Retail carries the highest asking price at $175/SF.
How much does it cost to lease commercial space in West Bloomfield?
Asking lease rates in West Bloomfield, MI average $27.98 per square foot per year.
Where does Realmo's West Bloomfield market data come from?
Realmo compiles West Bloomfield, MI figures from 37 active sale listings, 15 active lease listings, 296 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 37 active for-sale and 15 active for-lease listings in West Bloomfield, 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.
- 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
