Commercial Real Estate Market in Cleveland Heights, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
42 active listings and 523 off-market properties in Cleveland Heights, OH. Commercial property asks $76/SF to buy and $13.70/SF/Yr to lease.
Market Trends
Cleveland Heights, OH spans 21.7 square miles in Cuyahoga County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Cleveland Heights, 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 Cleveland Heights, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Cleveland Heights, 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 Cleveland Heights, 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
Market overview
Demographics & Economy
Cleveland Heights, OH has 118,422 residents in 57,880 households. Density runs 5,452 people per square mile. Median household income here is $61,139 and median gross rent $1,072 a month.
118,422
Population
57,880
Households
2
Avg Household Size
36
Median Age
46%
College-Educated
93%
High-School Grad
21.7 sq mi
ZIP Area
5,452
Density / Sq Mi
$61,139
Median Household Income
$37,011
Median Earnings
$1,072
Median Rent
$172,240
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Cleveland | $76 (county avg) | $13.50 |
| East Cleveland | $76 (county avg) | — |
| Bratenahl | $76 (county avg) | — |
| Shaker Heights | $76 (county avg) | — |
Commercial property in Cleveland Heights, OH asks $76/SF. The 4 bordering markets run from $76/SF in Cleveland to $76/SF in Cleveland, 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 Cleveland Heights?
Commercial property in Cleveland Heights, OH asks an average of $76 per square foot. The 8 most recent recorded sales traded at a median of $121/SF. Multifamily carries the highest asking price at $78/SF.
How much does it cost to lease commercial space in Cleveland Heights?
Asking lease rates in Cleveland Heights, OH average $13.70 per square foot per year.
How does Cleveland Heights compare to nearby markets on price?
Cleveland Heights, OH asks $76/SF against $76/SF in Cleveland, $76/SF in East Cleveland, $76/SF in Bratenahl and $76/SF in Shaker Heights.
Where does Realmo's Cleveland Heights market data come from?
Realmo compiles Cleveland Heights, OH figures from 8 recent recorded sales, 35 active sale listings, 7 active lease listings, 523 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 35 active for-sale and 7 active for-lease listings in Cleveland Heights, 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.
- 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
