Commercial Real Estate Market in Alexandria, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
8 active listings and 82 off-market properties in Alexandria, OH.
Market Trends
Alexandria, OH spans 29.3 square miles in Licking County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Alexandria, OH runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Alexandria, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Alexandria, OH runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Alexandria, OH runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 72.5%
- Commercial 6.7%
- Agricultural 5.9%
- Open space 4.4%
Largest Zones share of zoned land by district
Low Density Residential
Medium Low Density Residential
B2
General Business
Agricultural
Alexandria, OH zones 157 acres across 8 districts. Commercial zoning covers 6.7% of zoned land, residential 72.5% and open space 4.4%. The largest single district is Low Density Residential at 57.1%. For commercial buyers the practical constraint is that only 6.7% of land carries a commercial or industrial designation.
Low Density Residential (R-1)
District is to encourage the establishment of low-density single-family dwellings not to exceed one dwelling unit per gross acre
Market overview
Demographics & Economy
Alexandria, OH has 2,705 residents in 1,195 households. Density runs 92 people per square mile. Median household income here is $84,107 and median gross rent $1,213 a month.
2,705
Population
1,195
Households
2.3
Avg Household Size
44
Median Age
32%
College-Educated
98%
High-School Grad
29.3 sq mi
ZIP Area
92
Density / Sq Mi
$84,107
Median Household Income
$48,365
Median Earnings
$1,213
Median Rent
$343,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Granville | — | — |
| Johnstown | — | — |
| Pataskala | — | — |
| Kirkersville | — | — |
Commercial property in Alexandria, OH asks $7,076/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Alexandria?
Commercial property in Alexandria, OH asks an average of $7,076 per square foot.
What zoning applies to commercial property in Alexandria?
Alexandria, OH zones 157 acres across 8 districts, of which 6.7% is commercial and 0% industrial. The largest single district is Low Density Residential at 57.1% of zoned land. District is to encourage the establishment of low-density single-family dwellings not to exceed one dwelling unit per gross acre Residential zoning covers 72.5% and open space 4.4%.
Where does Realmo's Alexandria market data come from?
Realmo compiles Alexandria, OH figures from 2 recent recorded sales, 8 active sale listings, 82 tracked off-market properties, the current Alexandria zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 8 active for-sale and 0 active for-lease listings in Alexandria, OH. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 157 zoned acres across 8 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
