Commercial Real Estate Market in West Allis, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
76 active listings and 1,701 off-market properties in West Allis, WI. Commercial property asks $158/SF to buy and $13.33/SF/Yr to lease (based on 5 listings).
Market Trends
West Allis, WI spans 17.3 square miles in Milwaukee County, Wisconsin. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in West Allis, WI has a median asking sale price of $129/SF (based on 3 listings). Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in West Allis, WI has a median asking sale price of $82/SF (based on 5 listings). Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
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%.
Multifamily
Multifamily space in West Allis, WI has a median asking sale price of $161/SF. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
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.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Greenfield | $146 | $17.25 |
| Wauwatosa | $189 | $19.00 |
| Milwaukee | $94 | $15.76 |
| Brookfield | $97 | $17.98 |
Commercial property in West Allis, WI asks $158/SF. The 4 bordering markets run from $94/SF in Milwaukee to $189/SF in Wauwatosa, and the city sits above their $121/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in West Allis?
How much does it cost to lease commercial space in West Allis?
How does West Allis compare to nearby markets on price?
Where does Realmo's West Allis market data come from?
Methodology & data sources
- Asking prices and medians
- There are 50 active for-sale and 26 active for-lease listings in West Allis, WI. The medians are based on 26 of the for-sale and 5 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.
- 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