Dearborn, MI
Commercial Real Estate Market Trends & Data

$140 Avg asking sale price
$1,979 Avg asking lease rate
47,803 SF Avg unit lease size
52,039 SF Avg building size for sale
8.42% Average cap rate

Dearborn's Demographic Profile

Dearborn has 32,651 households and a median income of $65,255, providing context for rent absorption and tenant demand across retail and multifamily assets. A -6% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 96,364
# Households 32,651
Median age 34
Median household income $65,255
Avg household size 3.0
Renter-occupied housing units 11,220
5-year population change -6%

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

↻ Updated Monthly

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Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Dearborn $159 119,893 SF 8.45%
Dearborn Heights $146 130,721 SF 8.45%
Detroit $127 52,103 SF 10.27%
Nearby Retail Markets Avg Cost/SF Typical Size
Dearborn $173 19,718 SF
Dearborn Heights $198 4,098 SF
Melvindale $93 7,500 SF
Detroit $144 10,224 SF
Allen Park $338 8,081 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Dearborn $78 51,080 SF 10.00%
Detroit $179 49,016 SF 15.00%

Commercial Properties For Sale in Dearborn

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

15360 S Commerce Dr

Dearborn, MI 48120

  • 17,878 SF Office Building
  • $1,699,000
For Sale

Ewi Worldwide

Dearborn, MI 48124

  • 375,812 SF Industrial Building
  • $32,000,000
For Sale

2683 Central Apartments

Detroit, MI 48209

  • 7,795 SF Multifamily
  • $735,000
For Sale

411 S Fort St

Detroit, MI 48217

  • 314,359 SF Industrial Building
  • $9,270,000
For Sale

+/-42,000SF on over 3 acres of land

Dearborn Heights, MI 48125

  • 42,000 SF Specialty
  • $995,000
For Sale

Schaefer Manor Apartments

Detroit, MI 48228

  • 35,726 SF Multifamily
  • 10.00% Cap Rate
  • $2,800,000

Average Price For Sale

↻ Updated Monthly

Average Size 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 Dearborn pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Dearborn $140 52,039 SF
Dearborn Heights $158 31,549 SF
Melvindale $172 46,439 SF
Detroit $148 33,509 SF
Allen Park $201 28,255 SF

Regional Demographic Comparison

This comparison places Dearborn 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 Dearborn or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Dearborn 96,364 32,651 34 $65,255 3 11,220 -6%
Dearborn Heights 56,788 20,540 37 $59,117 3 5,880 -5%
Melvindale 11,328 4,074 34 $39,384 3 1,801 -5%
Detroit 692,503 275,153 37 $36,942 2 148,461 1%
Allen Park 25,198 10,360 42 $75,044 2 1,618 -5%

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

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

Dearborn 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 Dearborn?

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

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

How does Dearborn compare to nearby commercial real estate markets?

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

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