Commercial Real Estate Market in West Allis, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
48 active listings and 1,701 off-market properties in West Allis, WI. Commercial property asks $51/SF to buy and $9.00/SF/Yr to lease.
Market Trends
West Allis, WI spans 17.3 square miles in Milwaukee County, Wisconsin. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in West Allis, WI asks $41/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 Allis, WI asks $107/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 Allis, WI 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 Allis, WI asks $91/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 Allis, WI has 92,532 residents in 44,710 households. Density runs 5,348 people per square mile. Median household income here is $68,077 and median gross rent $1,003 a month.
92,532
Population
44,710
Households
2.1
Avg Household Size
38
Median Age
27%
College-Educated
92%
High-School Grad
17.3 sq mi
ZIP Area
5,348
Density / Sq Mi
$68,077
Median Household Income
$45,288
Median Earnings
$1,003
Median Rent
$192,009
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Greenfield | — | $20.92 |
| West Milwaukee | — | — |
| Wauwatosa | — | $18.30 |
| Elm Grove | — | — |
Commercial property in West Allis, WI asks $51/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in West Allis?
Commercial property in West Allis, WI asks an average of $51 per square foot. Retail carries the highest asking price at $107/SF.
How much does it cost to lease commercial space in West Allis?
Asking lease rates in West Allis, WI average $9.00 per square foot per year.
Where does Realmo's West Allis market data come from?
Realmo compiles West Allis, WI figures from 7 recent recorded sales, 31 active sale listings, 17 active lease listings, 1,701 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 31 active for-sale and 17 active for-lease listings in West Allis, WI. 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
