Commercial Real Estate Market in Bellefontaine, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
66 active listings and 1,672 off-market properties in Bellefontaine, OH. Commercial property asks $479/SF to buy and $86.28/SF/Yr to lease.
Market Trends
Bellefontaine, OH spans 103.8 square miles in Logan County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Bellefontaine, 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 Bellefontaine, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Bellefontaine, 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 Bellefontaine, OH asks $110/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 54.8%
- Industrial 29.4%
- Commercial 15%
- Planned_development 0.8%
- Civic 0.1%
Largest Zones share of zoned land by district
One Family Residence
General Manufacturing
General Business
One And Two Family Residence
Multifamily Residence
Bellefontaine, OH zones 6,387 acres across 11 districts. Commercial zoning covers 15% of zoned land, residential 54.8% and industrial 29.4%. The largest single district is One Family Residence at 34.4%. For commercial buyers the practical constraint is that only 44.4% of land carries a commercial or industrial designation.
One Family Residence (R1)
NTY AS TO BOUNDARIES; INTERPRETATION. 1131.07 VACATED STREET OR ALLEY. 1131.08 PROPERTY NOT INCLUDED. 1131.09 ANNEXATIONS. 1131.10 ANNEXATION FEE. CHAPTER 1133 Effects of Districting and General Regulations CHAPTER 1135 R-1 One-Family Residence District CHAPTER 1137 R-2 One and Two-Family Residence District CHAPTER 1139 R-3-C Condominium Residence District C…
Market overview
Demographics & Economy
Bellefontaine, OH has 20,029 residents in 9,497 households. Density runs 193 people per square mile. Median household income here is $64,217 and median gross rent $833 a month.
20,029
Population
9,497
Households
2.1
Avg Household Size
40
Median Age
17%
College-Educated
93%
High-School Grad
103.8 sq mi
ZIP Area
193
Density / Sq Mi
$64,217
Median Household Income
$40,341
Median Earnings
$833
Median Rent
$183,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Zanesfield | — | — |
| Huntsville | — | — |
| Rushsylvania | — | — |
| De Graff | — | — |
Commercial property in Bellefontaine, OH asks $479/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Bellefontaine?
Commercial property in Bellefontaine, OH asks an average of $479 per square foot. Multifamily carries the highest asking price at $110/SF.
How much does it cost to lease commercial space in Bellefontaine?
Asking lease rates in Bellefontaine, OH average $86.28 per square foot per year.
What zoning applies to commercial property in Bellefontaine?
Bellefontaine, OH zones 6,387 acres across 11 districts, of which 15% is commercial and 29.4% industrial. The largest single district is One Family Residence at 34.4% of zoned land. NTY AS TO BOUNDARIES; INTERPRETATION. 1131.07 VACATED STREET OR ALLEY. 1131.08 PROPERTY NOT INCLUDED. 1131.09 ANNEXATIONS. 1131.10 ANNEXATION FEE. CHAPTER 1133 Effects of Districting and General Regulations CHAPTER 1135 R-1 One-Family Residence District CHAPTER 1137 R-2 One and Two-Family Residence District CHAPTER 1139 R-3-C Condominium Residence District C… Residential zoning covers 54.8% and open space 0%.
Where does Realmo's Bellefontaine market data come from?
Realmo compiles Bellefontaine, OH figures from 2 recent recorded sales, 50 active sale listings, 16 active lease listings, 1,672 tracked off-market properties, the current Bellefontaine zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 50 active for-sale and 16 active for-lease listings in Bellefontaine, 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: 6,387 zoned acres across 11 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
