Commercial Real Estate Market in Ohio
Ohio has 8,765 active for-sale listings and 5,822 active for-lease listings. Statewide, the median asking price is $90/SF and the median asking rent is $15.00/SF/Yr as of November 2026. Realmo tracks 166 city markets here; among the 41 with enough listings to rank, median asking prices range from $55/SF in Toledo to $182/SF in Reynoldsburg.
- Median asking price
- $90/SF
- Median asking rent
- $15.00/SF/Yr
- For-sale listings
- 8,765
- For-lease listings
- 5,822
- City markets
- 166
Highest- and Lowest-Priced Markets
Asking prices vary across Ohio: the median in Reynoldsburg is $182/SF, 3.3x the $55/SF median in Toledo. The figures below are median asking prices from live listings, not closed sales.
Asking Prices
The highest median asking prices are in Reynoldsburg at $182/SF, Lakewood at $141/SF and Columbus at $139/SF. The lowest median asking prices are in Toledo at $55/SF, Ashtabula at $59/SF and Cleveland at $68/SF. 19 of 41 ranked markets have median asking prices above the statewide $90/SF.
Asking Rents
The highest median asking rents are in Beachwood at $19.50/SF/Yr, Liberty Township at $18.50/SF/Yr and Cleveland at $18.00/SF/Yr. The lowest median asking rents are in Lima at $8.59/SF/Yr, Newark at $12.00/SF/Yr and Findlay at $12.00/SF/Yr. 8 of 23 ranked markets have median asking rents above the statewide $15.00/SF/Yr.
Ohio vs. Neighboring States
The median asking price in Ohio is $90/SF, below the $105/SF median of its 5 neighboring states. By median asking price, the state ranks 5th of 6 in the group; Pennsylvania is highest at $146/SF and West Virginia lowest at $80/SF. The median asking rent is $15.00/SF/Yr, compared with $16.05/SF/Yr in Pennsylvania, $15.28/SF/Yr in Michigan and $16.00/SF/Yr in Indiana next door. The statewide median asking price is below the U.S. median of $178/SF.
| State | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr | For-Sale Listings | For-Lease Listings |
|---|---|---|---|---|
| Ohio | $90 | $15.00 | 8,765 | 5,822 |
| Indiana | $100 | $16.00 | 4,591 | 2,985 |
| Kentucky | $123 | $16.12 | 3,076 | 2,020 |
| Michigan | $105 | $15.28 | 10,192 | 6,925 |
| Pennsylvania | $146 | $16.05 | 12,378 | 8,239 |
| West Virginia | $80 | $15.51 | 981 | 200 |
| United States | $178 | $18.28 | 265,785 | 185,367 |
A dash means fewer than 10 listings with a usable price.
Commercial Real Estate Markets in Ohio
Realmo tracks 166 city markets in Ohio; the 40 with the most active listings are listed below. Columbus leads with 1,826 active listings, followed by Cleveland and Cincinnati.
| City | Active Listings | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|---|
| Columbus | 1,826 | $139 | $17.06 |
| Cleveland | 1,555 | $68 | $18.00 |
| Cincinnati | 935 | $110 | $15.75 |
| Toledo | 492 | $55 | $12.50 |
| Akron | 475 | $83 | $15.00 |
| Dayton | 419 | $69 | $15.25 |
| Canton | 297 | $69 | $14.00 |
| Dublin | 203 | — | $17.00 |
| Youngstown | 166 | $75 | — |
| Lima | 137 | $91 | $8.59 |
| Springfield | 129 | $71 | — |
| Newark | 125 | $102 | $12.00 |
| Mansfield | 121 | $87 | — |
| Lancaster | 117 | $113 | $14.02 |
| Lorain | 116 | $77 | — |
| Mentor | 108 | — | — |
| Warren | 102 | $68 | — |
| Zanesville | 101 | $120 | $13.50 |
| Lakewood | 99 | $141 | — |
| Westerville | 96 | — | $14.97 |
| Elyria | 95 | $82 | — |
| Hamilton | 94 | $98 | — |
| West Chester | 93 | — | — |
| Liberty Township | 85 | $129 | $18.50 |
| Medina | 80 | — | — |
| Middletown | 80 | $90 | — |
| Sandusky | 80 | $83 | $17.00 |
| Findlay | 78 | $136 | $12.00 |
| Blue Ash | 74 | — | $12.50 |
| North Canton | 69 | — | — |
| Delaware | 66 | — | $15.00 |
| Cambridge | 65 | — | $15.00 |
| Euclid | 65 | $85 | — |
| Cuyahoga Falls | 64 | — | $13.74 |
| Massillon | 63 | $97 | — |
| Stow | 63 | $136 | — |
| Maumee | 61 | $87 | — |
| Marion | 60 | $105 | — |
| Painesville | 59 | — | — |
| Ashtabula | 58 | $59 | — |
Same method as the statewide figures. A dash means fewer than 10 listings with a usable price.
Frequently Asked Questions
What is the median price per square foot for commercial property in Ohio?
How much does it cost to lease commercial space in Ohio?
Which cities have the highest and lowest commercial property prices?
How do commercial property prices in Ohio compare with neighboring states?
Which markets in Ohio have the most active listings?
Where does Realmo's market data come from?
Methodology and Data Sources
- Listing coverage
- Asking figures come from 8,765 active for-sale and 5,822 active for-lease listings across Ohio in Realmo's public listing index. They are asking prices, not closed-transaction prices. Sale and lease counts are separate and may overlap. Land listings are not counted. The medians are based on the 3,527 for-sale and 1,184 for-lease listings that state a price or rent per square foot.
- Asking prices and rents
- Prices are medians of each listing's asking price per square foot, so a few very high or very low listings do not skew them. Data-entry errors are left out, and a median is published only with at least 10 listings with a usable price. A listing with a price range can contribute both endpoints.
- Neighboring states
- Neighboring-state comparisons use the same method and the same snapshot for every state, plus the United States as a reference.
- City markets
- The city list includes cities with more than 3 active listings whose market page has enough data to publish, ordered by active listings, up to 40. The price ranking covers cities with at least 10 priced listings for each metric and leaves out a city more than three times above or below the statewide median. City counts and prices use the same method as the statewide figures, so the table compares like with like; a city's own market page uses its own method, so its figures can differ.
- Updates
- Statewide and neighboring-state figures refresh hourly and city figures daily. Last updated 6 November 2026.
