Commercial Real Estate Market in Bellefontaine, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
42 active listings and 1,672 off-market properties in Bellefontaine, OH. Commercial property asks $106/SF to buy and $15.60/SF/Yr to lease (based on 3 listings).
Market Trends
Bellefontaine, OH spans 103.8 square miles in Logan County, Ohio. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Bellefontaine, OH has a median asking sale price of $210/SF (based on 6 listings). Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Bellefontaine, OH has a median asking sale price of $156/SF (based on 4 listings). Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
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%.
Multifamily
Multifamily space in Bellefontaine, OH has a median asking sale price of $105/SF (based on 3 listings). Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
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
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.
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.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Bellefontaine?
How much does it cost to lease commercial space in Bellefontaine?
What zoning applies to commercial property in Bellefontaine?
Where does Realmo's Bellefontaine market data come from?
Methodology & data sources
- Asking prices and medians
- There are 21 active for-sale and 21 active for-lease listings in Bellefontaine, OH. The medians are based on 14 of the for-sale and 3 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
