Commercial Real Estate Market in Cheviot, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
9 active listings and 4 off-market properties in Cheviot, OH.
Market Trends
Cheviot, OH spans 9.0 square miles in Hamilton County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Cheviot, 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 Cheviot, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Cheviot, 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 Cheviot, OH asks $146/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 75.6%
- Commercial 17.5%
Largest Zones share of zoned land by district
Residence
Office And Professional
Business
Business Overlay Zone
Business
Cheviot, OH zones 742 acres across 8 districts. Commercial zoning covers 17.5% of zoned land, residential 75.6%. The largest single district is Residence at 69%. For commercial buyers the practical constraint is that only 17.5% of land carries a commercial or industrial designation.
Office And Professional (O)
The purpose of this zone is to promote office uses
Market overview
Demographics & Economy
Cheviot, OH has 37,868 residents in 17,169 households. Density runs 4,201 people per square mile. Median household income here is $54,582 and median gross rent $915 a month.
37,868
Population
17,169
Households
2.2
Avg Household Size
37
Median Age
29%
College-Educated
89%
High-School Grad
9 sq mi
ZIP Area
4,201
Density / Sq Mi
$54,582
Median Household Income
$39,788
Median Earnings
$915
Median Rent
$156,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Westwood | — | — |
| Colerain Township | — | — |
| White Oak | — | — |
| Fairmont | — | — |
Commercial property in Cheviot, OH asks $291/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Cheviot?
Commercial property in Cheviot, OH asks an average of $291 per square foot. Multifamily carries the highest asking price at $146/SF.
What zoning applies to commercial property in Cheviot?
Cheviot, OH zones 742 acres across 8 districts, of which 17.5% is commercial and 0% industrial. The largest single district is Residence at 69% of zoned land. Residential zoning covers 75.6% and open space 0%.
Where does Realmo's Cheviot market data come from?
Realmo compiles Cheviot, OH figures from 9 active sale listings, 4 tracked off-market properties, the current Cheviot zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 9 active for-sale and 0 active for-lease listings in Cheviot, 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: 742 zoned acres across 8 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
