Wyoming, MI
Commercial Real Estate Market Trends & Data

$137 Avg asking sale price
$13 Avg asking lease rate
27,490 SF Avg unit lease size
45,431 SF Avg building size for sale
7.72% Average cap rate

Wyoming's Demographic Profile

Wyoming has 29,021 households and a median income of $64,301, 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 77,020
# Households 29,021
Median age 36
Median household income $64,301
Avg household size 3.0
Renter-occupied housing units 9,723
5-year population change +1%

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

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Grand Rapids $171 31,915 SF 8.27%
Walker $190 84,403 SF 7.00%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Grand Rapids $128 69,385 SF 6.75%
Walker $93 105,987 SF 6.75%
Nearby Retail Markets Avg Cost/SF Typical Size
Wyoming $114 13,481 SF
Grandville $133 18,446 SF
Grand Rapids $362 12,628 SF
Walker $362 15,991 SF
Kentwood $276 27,880 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Grand Rapids $168 11,431 SF 5.99%
Zeeland $293 12,477 SF 6.95%

Commercial Properties For Sale in Wyoming

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

4460-4462 Roger B Chaffee Memorial Blvd

Grand Rapids, MI 49548

  • 7,680 SF Industrial Building
  • $1,100,000
For Sale

1860 Prairie Pky SW

Wyoming, MI 49519

  • 3,876 SF Multifamily
  • $537,500
For Sale

1973 Division Ave S

Grand Rapids, MI 49507

  • 7,137 SF Retail Building
  • $925,000
For Sale

440 32nd St SW

Wyoming, MI 49548

  • 64,087 SF Industrial Building
  • $4,250,000
For Sale

3385 Wallace Ct SW

Grandville, MI 49418

  • 2,912 SF Multifamily
  • $950,000
For Sale

4277 68th SW st

Byron Center, MI 49315

  • 14.84 AC Lot
  • 1 Commercial Lot
  • $2,200,000

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

Commercial Markets Avg Cost/SF Average Size
Wyoming $137 45,431 SF
Grandville $170 57,530 SF
Cutlerville $101 28,348 SF
Grand Rapids $222 32,740 SF
Walker $225 49,391 SF

Regional Demographic Comparison

This comparison places Wyoming 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 Wyoming or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Wyoming 77,020 29,021 36 $64,301 3 9,723 1%
Grandville 16,032 6,498 38 $70,525 2 2,143 1%
Walker 24,866 10,284 37 $70,125 2 3,890 1%

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

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

Wyoming 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 Wyoming?

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

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

How does Wyoming compare to nearby commercial real estate markets?

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

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