Howell, MI
Commercial Real Estate Market Trends & Data

$147 Avg asking sale price
$15 Avg asking lease rate
348,256 SF Avg unit lease size
23,790 SF Avg building size for sale

Howell's Demographic Profile

Howell has 4,741 households and a median income of $56,297, 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 10,686
# Households 4,741
Median age 40
Median household income $56,297
Avg household size 2.0
Renter-occupied housing units 2,200
5-year population change +3%

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

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Nearby Retail Markets Avg Cost/SF Typical Size
Howell $155 5,699 SF
Genoa Twp $164 8,915 SF
Fowlerville $119 2,939 SF
Brighton $216 11,500 SF
Linden $91 12,620 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Milford $193 19,539 SF 6.16%
Highland $258 12,800 SF 6.16%
Williamston $75 6,300 SF 8.49%

Commercial Properties For Sale in Howell

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

317 Catrell Dr

Howell, MI 48843

  • 18,016 SF Industrial Building
  • $1,350,000
For Sale

Howell Theater

Howell, MI 48843

  • 11,500 SF Retail Building
  • $1,200,000
For Sale

303 E Grand River Ave

Howell, MI 48843

  • 0.40 AC Lot
  • 1 Commercial Lot
  • $700,000
For Sale

2209 S Latson Rd

Howell, MI 48843

  • 9 AC Lot
  • 1 Industrial Lot
  • $1,500,000
For Sale

2290 S Latson Rd

Howell, MI 48843

  • 10 AC Lot
  • 1 Industrial Lot
  • $1,475,000
For Sale

2630 E Grand River Ave

Howell, MI 48843

  • 43,858 SF Specialty
  • $3,250,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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Exit Cap Rates in Commercial Real Estate
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Qualified Improvement Property: Tax Rules for CRE Investors
Qualified Improvement Property: Tax Rules for CRE Investors
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Sales Comparison Approach
Sales Comparison Approach
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Modular Drive-Thrus: Costs and Configurations
Save on Time, Construction and Labor Costs
Property Title Search
Property Title Search
Learn how to verify ownership, spot red flags, and protect your deal with a thorough property title search.
The 'Pet Clause' for Office Leases
The 'Pet Clause' for Office Leases
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Nearby Commercial Markets

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

Commercial Markets Avg Cost/SF Average Size
Howell $147 23,790 SF
Genoa Twp $126 14,342 SF
Fowlerville $119 501,470 SF
Hartland $474 24,709 SF

Regional Demographic Comparison

This comparison places Howell 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 Howell or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Howell 10,686 4,741 40 $56,297 2 2,200 3%
Genoa Twp 21,182 8,591 48 $92,819 2 1,545 3%
Fowlerville 2,947 1,258 39 $54,550 2 453 2%
Hartland 15,776 5,681 43 $98,198 3 667 3%

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

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

Howell 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 Howell?

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

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

How does Howell compare to nearby commercial real estate markets?

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

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