Commercial Real Estate Market in Bedford, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
36 active listings and 834 off-market properties in Bedford, OH. Commercial property asks $76/SF to buy and $7.83/SF/Yr to lease.
Market Trends
Bedford, OH spans 20.0 square miles in Cuyahoga County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Bedford, 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 Bedford, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Bedford, 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 space in Bedford, OH asks $78/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 78%
- Industrial 10.2%
- Commercial 8.1%
- Mixed use 3.2%
- Civic 0.5%
Largest Zones share of zoned land by district
One To Two Family Residence District
One Family Residence District
Multifamily Residence District
Industrial Districts
Automotive Business District
Bedford, OH zones 3,402 acres across 13 districts. Commercial zoning covers 8.1% of zoned land, residential 78% and industrial 10.2%. The largest single district is One To Two Family Residence District at 56.7%. For commercial buyers the practical constraint is that only 18.3% of land carries a commercial or industrial designation.
One To Two Family Residence District (R-2)
R-2 District signs - see P. & Z. 1949.09 Swimming pools - see Building Code Chapter 1321 Share Download Bookmark Print 1927.01 PERMITTED PRINCIPAL USES. Permitted principal uses in R-2 One and Two-Family Residence Districts, hereinafter referred to as "R-2 Districts" are as follows: (a) One-family detached dwellings; (b) Essential services, as defined in Sec…
Market overview
Demographics & Economy
Bedford, OH has 29,778 residents in 15,270 households. Density runs 1,487 people per square mile. Median household income here is $53,049 and median gross rent $1,000 a month.
29,778
Population
15,270
Households
2
Avg Household Size
46
Median Age
23%
College-Educated
92%
High-School Grad
20 sq mi
ZIP Area
1,487
Density / Sq Mi
$53,049
Median Household Income
$40,808
Median Earnings
$1,000
Median Rent
$141,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Maple Heights | $76 (county avg) | — |
| Walton Hills | $76 (county avg) | — |
| North Randall | $76 (county avg) | — |
| Bedford Heights | $76 (county avg) | — |
Commercial property in Bedford, OH asks $76/SF. The 4 bordering markets run from $76/SF in Maple Heights to $76/SF in Maple Heights, and the city sits in line with their $76/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Bedford?
Commercial property in Bedford, OH asks an average of $76 per square foot. The 8 most recent recorded sales traded at a median of $44/SF, so asking sits 74% above the achieved median. Multifamily carries the highest asking price at $78/SF.
How much does it cost to lease commercial space in Bedford?
Asking lease rates in Bedford, OH average $7.83 per square foot per year.
How does Bedford compare to nearby markets on price?
Bedford, OH asks $76/SF against $76/SF in Maple Heights, $76/SF in Walton Hills, $76/SF in North Randall and $76/SF in Bedford Heights.
What zoning applies to commercial property in Bedford?
Bedford, OH zones 3,402 acres across 13 districts, of which 8.1% is commercial and 10.2% industrial. The largest single district is One To Two Family Residence District at 56.7% of zoned land. R-2 District signs - see P. & Z. 1949.09 Swimming pools - see Building Code Chapter 1321 Share Download Bookmark Print 1927.01 PERMITTED PRINCIPAL USES. Permitted principal uses in R-2 One and Two-Family Residence Districts, hereinafter referred to as "R-2 Districts" are as follows: (a) One-family detached dwellings; (b) Essential services, as defined in Sec… Residential zoning covers 78% and open space 0%.
Where does Realmo's Bedford market data come from?
Realmo compiles Bedford, OH figures from 8 recent recorded sales, 27 active sale listings, 9 active lease listings, 834 tracked off-market properties, the current Bedford zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 27 active for-sale and 9 active for-lease listings in Bedford, 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.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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: 3,402 zoned acres across 13 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
