Midland, MI
Commercial Real Estate Market Trends & Data

$117 Avg asking sale price
$18 Avg asking lease rate
29,381 SF Avg unit lease size
72,021 SF Avg building size for sale
8.19% Average cap rate

Midland's Demographic Profile

Midland has 18,138 households and a median income of $68,384, providing context for rent absorption and tenant demand across retail and multifamily assets. A 0% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 42,891
# Households 18,138
Median age 41
Median household income $68,384
Avg household size 2.0
Renter-occupied housing units 6,096
5-year population change 0%

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

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Midland $127 7,466 SF 10.50%
Shepherd $147 4,686 SF 5.52%
Nearby Retail Markets Avg Cost/SF Typical Size
Midland $88 23,340 SF
Sanford $42 3,800 SF
Hope $79 2,956 SF
Freeland $61 10,525 SF
Kawkawlin $155 2,487 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Shepherd $147 4,686 SF 5.52%
Bay City $67 68,779 SF 8.19%
Saginaw $51 30,592 SF 7.71%
Farwell $124 11,120 SF 8.04%

Commercial Properties For Sale in Midland

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

High-Power Advanced Manufacturing Campus

Midland, MI 48640

  • 452,084 SF Industrial Building
  • Price Upon Request
For Sale

421 Joe Mann Blvd

Midland, MI 48642

  • 2.20 AC Lot
  • 1 Commercial Lot
  • $355,000
For Sale

Dan Dan The Mattress Man

Midland, MI 48640

  • 60,000 SF Retail Building
  • $3,950,000
For Sale

4653 Bailey Bridge Rd

Midland, MI 48640

  • 50,000 SF Specialty
  • $598,000
For Sale

720 W Wackerly St

Midland, MI 48640

  • 14,613 SF Office Building
  • 10.50% Cap Rate
  • $999,750
For Sale

4801 Bay City Rd

Midland, MI 48642

  • 1.43 AC Lot
  • 1 Commercial Lot
  • $1,000,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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Internal Rate of Return (IRR) Calculator
Internal Rate of Return (IRR) Calculator
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Understanding the Nuances of Ground and Land Leases
Master Lease Strategies
Master Lease Strategies
Maximizing Control and Income with Flexible Leasing Solutions
How to Find Industrial Tenants for Your Property
How to Find Industrial Tenants for Your Property
A practical guide to finding qualified industrial tenants, from building your tenant profile to tenant screening and closing the lease.
Bonus Depreciation
Bonus Depreciation
A practical guide to using bonus depreciation to reduce tax liability, improve cash flow, and plan property improvements with timing strategies in mind.
Accelerated Depreciation in Commercial Real Estate
Accelerated Depreciation in Commercial Real Estate
Understand how accelerated depreciation works, which method fits your deal, and how to avoid the tax pitfalls that catch most investors off guard.

Nearby Commercial Markets

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

Commercial Markets Avg Cost/SF Average Size
Midland $117 72,021 SF
Sanford $42 3,800 SF
Hope $112 2,956 SF
Coleman $155 5,100 SF

Regional Demographic Comparison

This comparison places Midland 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 Midland or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Sanford 818 354 49 $53,611 2 66 -1%
Auburn 2,047 893 43 $63,068 2 253 -3%
Coleman 1,318 561 44 $40,643 2 177 1%

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

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

Midland 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 Midland?

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

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

How does Midland compare to nearby commercial real estate markets?

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

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