Commercial Real Estate Market in Burbank, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
25 active listings and 116 off-market properties in Burbank, OH.
Market Trends
Burbank, OH spans 26.4 square miles in Wayne County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Burbank, 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 Burbank, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Burbank, 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 Burbank, 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 74.3%
- Commercial 19.1%
- Open space 5.9%
- Industrial 0.7%
Largest Zones share of zoned land by district
Residential
Commercial
Park
Industrial
Burbank, OH zones 225 acres across 4 districts. Commercial zoning covers 19.1% of zoned land, residential 74.3%, open space 5.9% and industrial 0.7%. The largest single district is Residential at 74.3%. For commercial buyers the practical constraint is that only 19.8% of land carries a commercial or industrial designation.
Residential (R)
This district is established to provide for one family residential use at a density of about 3 dwelling units per acre.
Market overview
Demographics & Economy
Burbank, OH has 2,149 residents in 776 households. Density runs 81 people per square mile. Median household income here is $87,381 and median gross rent $810 a month.
2,149
Population
776
Households
2.8
Avg Household Size
43
Median Age
14%
College-Educated
94%
High-School Grad
26.4 sq mi
ZIP Area
81
Density / Sq Mi
$87,381
Median Household Income
$45,479
Median Earnings
$810
Median Rent
$212,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lodi | — | — |
| Westfield Center | — | — |
| Creston | — | — |
| West Salem | — | — |
Commercial property in Burbank, OH asks $2/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Burbank?
Commercial property in Burbank, OH asks an average of $2 per square foot. The 5 most recent recorded sales traded at a median of $109/SF.
What zoning applies to commercial property in Burbank?
Burbank, OH zones 225 acres across 4 districts, of which 19.1% is commercial and 0.7% industrial. The largest single district is Residential at 74.3% of zoned land. This district is established to provide for one family residential use at a density of about 3 dwelling units per acre. Residential zoning covers 74.3% and open space 5.9%.
Where does Realmo's Burbank market data come from?
Realmo compiles Burbank, OH figures from 6 recent recorded sales, 13 active sale listings, 12 active lease listings, 116 tracked off-market properties, the current Burbank zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 13 active for-sale and 12 active for-lease listings in Burbank, 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: 225 zoned acres across 4 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
