Commerce Township, MI
Commercial Real Estate Market Trends & Data

$192 Avg asking sale price
$18 Avg asking lease rate
11,558 SF Avg unit lease size
23,683 SF Avg building size for sale
6.80% Average cap rate

Commerce Township's Demographic Profile

Commerce Township has 14,495 households and a median income of $106,430, providing context for rent absorption and tenant demand across retail and multifamily assets. A -1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 37,942
# Households 14,495
Median age 44
Median household income $106,430
Avg household size 3.0
Renter-occupied housing units 1,700
5-year population change -1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Commerce Township, MI

↻ Updated Monthly

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Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Commerce Township $149 39,209 SF 7.59%
Wixom $186 35,849 SF 7.25%
White Lake $97 31,000 SF 4.67%
Nearby Retail Markets Avg Cost/SF Typical Size
Commerce Township $261 10,311 SF
Walled Lake $220 6,005 SF
Wixom $313 12,656 SF
White Lake $208 2,173 SF
West Bloomfield $280 8,154 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Commerce Township $143 16,985 SF 6.16%
Milford $193 19,539 SF 6.16%

Commercial Properties For Sale in Commerce Township

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

7669 Highland Rd

Waterford, MI 48327

  • 3,000 SF Retail Building
  • $399,000
For Sale

NNN Industrial Portfolio Sale, Wixom, MI

Wixom, MI

  • Industrial Building
  • 7.25% Cap Rate
  • $3,550,000
For Sale

Excalibur Square

Waterford, MI 48327

  • 9,218 SF Retail Building
  • $2,400,000
For Sale

5.88 Acres on Ormond Rd - Local Business

White Lake, MI 48383

  • 5.89 AC Lot
  • 1 Commercial Lot
  • $800,000
For Sale

42191 W 14 Mile Rd

Novi, MI 48377

  • 10,878 SF Retail Building
  • $1,900,000
For Sale

Imperial Express Car Wash - Waterford, MI

Waterford, MI 48328

  • 3,000 SF Specialty
  • $1,500,000

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 Commerce Township pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Commerce Township $192 23,683 SF
Walled Lake $136 61,962 SF
Wixom $231 32,495 SF
White Lake $137 13,691 SF

Regional Demographic Comparison

This comparison places Commerce Township 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 Commerce Township or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Commerce Township 37,942 14,495 44 $106,430 3 1,700 -1%
Wolverine Lake 4,482 1,852 46 $103,336 2 269 -2%
Walled Lake 7,231 3,563 44 $59,540 2 1,419 -1%
Wixom 14,614 6,979 38 $68,366 2 3,843 -6%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Commerce Township, 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 Commerce Township

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

Commerce Township 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 Commerce Township?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Commerce Township. 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 Commerce Township?

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

How does Commerce Township compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Commerce Township. 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 Commerce Township acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Commerce Township, 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.

Nearby Market Trends