Belleville, MI
Commercial Real Estate Market Trends & Data

$162 Avg asking sale price
$4,550 Avg asking lease rate
75,035 SF Avg unit lease size
79,461 SF Avg building size for sale
8.47% Average cap rate

Belleville's Demographic Profile

Belleville has 1,669 households and a median income of $53,308, providing context for rent absorption and tenant demand across retail and multifamily assets. A -5% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 3,570
# Households 1,669
Median age 44
Median household income $53,308
Avg household size 2.0
Renter-occupied housing units 647
5-year population change -5%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Belleville, MI

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
New Boston $357 4,687 SF 7.15%
Wayne $79 10,353 SF 8.02%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Belleville $189 183,060 SF 10.00%
Romulus $209 12,725 SF 7.25%
Ypsilanti Township $101 58,117 SF 10.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Belleville $158 7,911 SF
Sumpter Township $41 15,940 SF
New Boston $219 2,057 SF
Romulus $171 6,049 SF
Ypsilanti Township $206 46,958 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Romulus $107 14,456 SF 8.02%
Ypsilanti Township $167 52,764 SF 6.86%
Wayne $100 15,146 SF 8.02%
Ypsilanti $118 52,764 SF 6.86%

Commercial Properties For Sale in Belleville

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

458 Main St

Belleville, MI 48111

  • 7,666 SF Retail Building
  • 2.96% Cap Rate
  • $900,000
For Sale

355 Main St

Belleville, MI 48111

  • 2,400 SF Office Building
  • $799,900
For Sale

209 N Main St

Belleville, MI 48111

  • 7,761 SF Office Building
  • $500,000
For Sale

175 2nd St

Belleville, MI 48111

  • 2,736 SF Office Building
  • $430,000
For Sale

1405 Ecorse Rd

Ypsilanti, MI 48198

  • 6,102 SF Retail Building
  • $499,000
For Sale

19750 Sumpter Rd

Belleville, MI 48111

  • 15,940 SF Retail Building
  • $650,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Belleville pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Belleville $162 79,461 SF
Sumpter Township $41 15,940 SF
New Boston $319 2,041 SF

Regional Demographic Comparison

This comparison places Belleville alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Belleville or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Belleville 3,570 1,669 44 $53,308 2 647 -5%
Willis 3,879 1,499 46 $91,402 3 169 -3%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Belleville, MI and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Belleville

View All Commercial Real Estate For Sale in Belleville
Is Belleville a good market for a first-time commercial real estate investor?

Belleville offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Belleville?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Belleville. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Belleville?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Belleville. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Belleville compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Belleville. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Belleville acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Belleville, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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