Commercial Real Estate Market in Celina, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
40 active listings and 993 off-market properties in Celina, OH. Commercial property asks $120/SF to buy and $9.78/SF/Yr to lease.
Market Trends
Celina, OH spans 163.2 square miles in Mercer County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Celina, 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 Celina, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Celina, 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 Celina, 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 52.7%
- Commercial 14.7%
- Industrial 10%
- Mixed use 5.3%
Largest Zones share of zoned land by district
Low Density Residence
Medium Density Residence
Special District
General Business
Industrial District
Celina, OH zones 3,387 acres across 10 districts. Commercial zoning covers 14.7% of zoned land, residential 52.7% and industrial 10%. The largest single district is Low Density Residence at 28.8%. For commercial buyers the practical constraint is that only 24.7% of land carries a commercial or industrial designation.
Low Density Residence (R-1)
The purpose of the R-1, Low Density Residential, District is to provide for relatively low density residential development. 1162.02 PRINCIPALLY PERMITTED USES Principally permitted uses are as follows: Single Family Dwellings 1162.03 PERMITTED ACCESSORY USES Permitted accessory uses are as follows: Any use or structure customarily accessory to any R-1 Distri…
Market overview
Demographics & Economy
Celina, OH has 20,303 residents in 10,041 households. Density runs 124 people per square mile. Median household income here is $72,590 and median gross rent $824 a month.
20,303
Population
10,041
Households
2
Avg Household Size
42
Median Age
21%
College-Educated
94%
High-School Grad
163.2 sq mi
ZIP Area
124
Density / Sq Mi
$72,590
Median Household Income
$44,228
Median Earnings
$824
Median Rent
$186,194
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Montezuma | — | — |
| Coldwater | — | — |
| Carthagena | — | — |
| Chickasaw | — | — |
Commercial property in Celina, OH asks $120/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Celina?
Commercial property in Celina, OH asks an average of $120 per square foot. The 6 most recent recorded sales traded at a median of $120/SF, so asking sits 0% above the achieved median.
How much does it cost to lease commercial space in Celina?
Asking lease rates in Celina, OH average $9.78 per square foot per year.
What zoning applies to commercial property in Celina?
Celina, OH zones 3,387 acres across 10 districts, of which 14.7% is commercial and 10% industrial. The largest single district is Low Density Residence at 28.8% of zoned land. The purpose of the R-1, Low Density Residential, District is to provide for relatively low density residential development. 1162.02 PRINCIPALLY PERMITTED USES Principally permitted uses are as follows: Single Family Dwellings 1162.03 PERMITTED ACCESSORY USES Permitted accessory uses are as follows: Any use or structure customarily accessory to any R-1 Distri… Residential zoning covers 52.7% and open space 0%.
Where does Realmo's Celina market data come from?
Realmo compiles Celina, OH figures from 6 recent recorded sales, 34 active sale listings, 6 active lease listings, 993 tracked off-market properties, the current Celina zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 34 active for-sale and 6 active for-lease listings in Celina, 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: 3,387 zoned acres across 10 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
