Hartland, MI
Commercial Real Estate Market Trends & Data

$370 Avg asking sale price
$23 Avg asking lease rate
6,456 SF Avg unit lease size
23,951 SF Avg building size for sale
6.38% Average cap rate

Hartland's Demographic Profile

Hartland has 5,681 households and a median income of $98,198, providing context for rent absorption and tenant demand across retail and multifamily assets. A +3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 15,776
# Households 5,681
Median age 43
Median household income $98,198
Avg household size 3.0
Renter-occupied housing units 667
5-year population change +3%

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

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Hartland $370 13,689 SF 6.38%
Highland $281 6,394 SF 8.19%
Milford $452 2,944 SF 8.19%
Fenton $351 5,632 SF 6.00%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Milford $174 41,232 SF 6.50%
Howell $129 46,350 SF 7.50%
Nearby Retail Markets Avg Cost/SF Typical Size
Hartland $155 20,919 SF
Highland $159 6,138 SF
Milford $272 11,678 SF
Brighton $155 20,919 SF
Fenton $351 1,639 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Highland $363 12,800 SF 6.16%
Milford $193 19,539 SF 6.16%

Commercial Properties For Sale in Hartland

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

4975 Old Us 23

Fenton, MI 48430

  • 94.50 AC Lot
  • 1 Commercial Lot
  • $5,400,000
For Sale

Bldg # 1

Hartland, MI 48353

  • 20,360 SF Office Building
  • 6.38% Cap Rate
  • $950,000
For Sale

Highland Rd (M-59 & US 23)

Hartland, MI 48353

  • 1.21 AC Lot
  • 1 Commercial Lot
  • $895,000
For Sale

1285 N Old US Hwy 23

Howell, MI 48843

  • 20 AC Lot
  • 1 Industrial Lot
  • $1,999,000
For Sale

NWC of M-59 & Tipsico Lake Road

Hartland, MI 48353

  • 2.03 AC Lot
  • 1 Commercial Lot
  • $750,000
For Sale

NWC of W Highland Rd & N Tipsico Lake Rd

Hartland, MI 48353

  • 10.12 AC Lot
  • 1 Commercial Lot
  • $750,000

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

Commercial Markets Avg Cost/SF Average Size
Hartland $370 23,951 SF
Highland $236 11,201 SF
Milford $220 27,797 SF
Brighton $91 24,036 SF
Fenton $351 3,636 SF

Regional Demographic Comparison

This comparison places Hartland 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 Hartland or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Hartland 15,776 5,681 43 $98,198 3 667 3%
Highland 20,128 7,805 46 $98,661 3 740 1%
Milford 6,398 2,782 46 $94,929 2 660 -1%
Brighton 7,952 4,016 47 $69,658 2 1,537 4%
Fenton 11,443 5,141 39 $72,014 2 1,983 -2%

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

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

Hartland 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 Hartland?

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

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

How does Hartland compare to nearby commercial real estate markets?

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

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