Commercial Real Estate Market in Berea, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
29 active listings and 464 off-market properties in Berea, OH. Commercial property asks $76/SF to buy and $23.32/SF/Yr to lease.
Market Trends
Berea, OH spans 6.1 square miles in Cuyahoga County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Berea, 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 Berea, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Berea, 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 Berea, 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 75.3%
- Industrial 10%
- Commercial 9.3%
- Open space 1.9%
- Civic 0.5%
Largest Zones share of zoned land by district
Standard Single Family B
Bagley Road Commercial
Standard Single Family T
Commercial Center
College
Berea, OH zones 3,671 acres across 14 districts. Commercial zoning covers 9.3% of zoned land, residential 75.3%, open space 1.9% and industrial 10%. The largest single district is Standard Single Family B at 69%. For commercial buyers the practical constraint is that only 19.3% of land carries a commercial or industrial designation.
Standard Single Family B (R-SF-B)
R-SF-B R-SF-T MFR TO NC CC DT BR-CD UT DD GI CD EI Heavy Industrial (continued) Paper & Pulp Manufacture - - - - - - - - - - - P - - Auto, Truck, Boat, Mobile Equipment Manufacture - - - - - - - - P - - P - - Paper Recycling - - - - - - - - - - - P - - Metal Forging, Casting, Smelting - - - - - - - - P - - P - - Fertilizer Manufacture - - - - - - - - - - - P…
Market overview
Demographics & Economy
Berea, OH has 18,611 residents in 7,359 households. Density runs 3,029 people per square mile. Median household income here is $72,044 and median gross rent $981 a month.
18,611
Population
7,359
Households
2.5
Avg Household Size
40
Median Age
38%
College-Educated
96%
High-School Grad
6.1 sq mi
ZIP Area
3,029
Density / Sq Mi
$72,044
Median Household Income
$37,182
Median Earnings
$981
Median Rent
$187,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Middleburg Heights | $76 (county avg) | $66.67 |
| Olmsted Falls | $76 (county avg) | — |
| Brook Park | $76 (county avg) | $16.88 |
| Strongsville | $76 (county avg) | $15.69 |
Commercial property in Berea, OH asks $76/SF. The 4 bordering markets run from $76/SF in Middleburg Heights to $76/SF in Middleburg 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 Berea?
Commercial property in Berea, OH asks an average of $76 per square foot. The 5 most recent recorded sales traded at a median of $109/SF. Multifamily carries the highest asking price at $78/SF.
How much does it cost to lease commercial space in Berea?
Asking lease rates in Berea, OH average $23.32 per square foot per year.
How does Berea compare to nearby markets on price?
Berea, OH asks $76/SF against $76/SF in Middleburg Heights, $76/SF in Olmsted Falls, $76/SF in Brook Park and $76/SF in Strongsville.
What zoning applies to commercial property in Berea?
Berea, OH zones 3,671 acres across 14 districts, of which 9.3% is commercial and 10% industrial. The largest single district is Standard Single Family B at 69% of zoned land. R-SF-B R-SF-T MFR TO NC CC DT BR-CD UT DD GI CD EI Heavy Industrial (continued) Paper & Pulp Manufacture - - - - - - - - - - - P - - Auto, Truck, Boat, Mobile Equipment Manufacture - - - - - - - - P - - P - - Paper Recycling - - - - - - - - - - - P - - Metal Forging, Casting, Smelting - - - - - - - - P - - P - - Fertilizer Manufacture - - - - - - - - - - - P… Residential zoning covers 75.3% and open space 1.9%.
Where does Realmo's Berea market data come from?
Realmo compiles Berea, OH figures from 7 recent recorded sales, 14 active sale listings, 15 active lease listings, 464 tracked off-market properties, the current Berea zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 14 active for-sale and 15 active for-lease listings in Berea, 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: 3,671 zoned acres across 14 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
