Commercial Real Estate Market in Chesterland, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
21 active listings and 371 off-market properties in Chesterland, OH. Commercial property asks $73/SF to buy and $10.40/SF/Yr to lease.
Market Trends
Chesterland, OH spans 28.9 square miles in Geauga County, Ohio. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Chesterland, 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 Chesterland, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Chesterland, 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 Chesterland, OH runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Chesterland, OH has 10,877 residents in 4,516 households. Density runs 377 people per square mile. Median household income here is $106,740 and median gross rent $884 a month.
10,877
Population
4,516
Households
2.4
Avg Household Size
50
Median Age
40%
College-Educated
94%
High-School Grad
28.9 sq mi
ZIP Area
377
Density / Sq Mi
$106,740
Median Household Income
$56,751
Median Earnings
$884
Median Rent
$311,400
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Chesterland?
Commercial property in Chesterland, OH asks an average of $73 per square foot. The 3 most recent recorded sales traded at a median of $43/SF, so asking sits 71% above the achieved median.
How much does it cost to lease commercial space in Chesterland?
Asking lease rates in Chesterland, OH average $10.40 per square foot per year.
Where does Realmo's Chesterland market data come from?
Realmo compiles Chesterland, OH figures from 3 recent recorded sales, 6 active sale listings, 15 active lease listings, 371 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 6 active for-sale and 15 active for-lease listings in Chesterland, 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.
- 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 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 30 September 2026 · How Realmo checks market page data · Report a data issue
