Commercial Real Estate Market in Bellville, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
3 active listings and 235 off-market properties in Bellville, OH.
Market Trends
Bellville, OH spans 68.2 square miles in Richland County, Ohio. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Bellville, 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 Bellville, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Bellville, 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 Bellville, 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 49.1%
- Commercial 35.9%
- Open space 11.6%
- Industrial 3.5%
Largest Zones share of zoned land by district
Residential
Highway Service Business
Conservation District
Industrial
General Business
Bellville, OH zones 1,775 acres across 7 districts. Commercial zoning covers 35.9% of zoned land, residential 49.1%, open space 11.6% and industrial 3.5%. The largest single district is Residential at 47.6%. For commercial buyers the practical constraint is that only 39.3% of land carries a commercial or industrial designation.
Residential (R-1)
The purpose of the R-1 Residential District is to provide for low density residential development with a minimum on non residential intrusion
Market overview
Demographics & Economy
Bellville, OH has 8,039 residents in 3,167 households. Density runs 118 people per square mile. Median household income here is $81,214 and median gross rent $757 a month.
8,039
Population
3,167
Households
2.5
Avg Household Size
44
Median Age
21%
College-Educated
93%
High-School Grad
68.2 sq mi
ZIP Area
118
Density / Sq Mi
$81,214
Median Household Income
$40,755
Median Earnings
$757
Median Rent
$210,300
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Bellville?
Commercial property in Bellville, OH asks an average of $279 per square foot. The 4 most recent recorded sales traded at a median of $42/SF, so asking sits 564% above the achieved median.
What zoning applies to commercial property in Bellville?
Bellville, OH zones 1,775 acres across 7 districts, of which 35.9% is commercial and 3.5% industrial. The largest single district is Residential at 47.6% of zoned land. The purpose of the R-1 Residential District is to provide for low density residential development with a minimum on non residential intrusion Residential zoning covers 49.1% and open space 11.6%.
Where does Realmo's Bellville market data come from?
Realmo compiles Bellville, OH figures from 5 recent recorded sales, 3 active sale listings, 235 tracked off-market properties, the current Bellville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 3 active for-sale and 0 active for-lease listings in Bellville, 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: 1,775 zoned acres across 7 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 30 September 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, industrial vacancy is reported at Midwest region level and asking prices run materially above recent closed pricing.
- 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 30 September 2026 · How Realmo checks market page data · Report a data issue
