Commercial Real Estate Market in Cleveland, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
1,689 active listings and 18,724 off-market properties in Cleveland, OH. Commercial property asks $68/SF to buy and $17.44/SF/Yr to lease. Office vacancy runs 10.9%, the loosest of the segments tracked here.
Market Trends
Cleveland, OH spans 400.9 square miles in Cuyahoga County, Ohio. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Cleveland, OH runs 10.9% in 2025, up from 6.9% in 2019. Nearly 1.7x the 2020 low of 6.6%.
Retail
Retail vacancy in Cleveland, OH runs 7.3% in 2025, up from 5.6% in 2019. Down from a 2020 peak of 8.5%.
Industrial
Industrial vacancy in Cleveland, OH runs 3.9% in 2025, little changed from 3.8% in 2019. Nearly 1.4x the 2023 low of 2.7%.
Multifamily
Across Cuyahoga County, multifamily space asks $76/SF to buy. Multifamily vacancy in Cleveland, OH runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 55.4%
- Industrial 29.7%
- Commercial 12.4%
- Mixed use 0.9%
- Open space 0.8%
- Civic 0.6%
Largest Zones share of zoned land by district
Cleveland, OH zones 50,013 acres across 249 districts. Commercial zoning covers 12.4% of zoned land, residential 55.4%, open space 0.8% and industrial 29.7%. The largest single district is Two Family at 26.4%. For commercial buyers the practical constraint is that only 42.1% of land carries a commercial or industrial designation.
Zoning District: 2F-B1 Current Use: Vacant T otal Structure Sqft: 2,000 SITE DATA TABLE Proposed One-Family Home Proposed Shed Porch Porch Porch Existing Sidewalk (5’ wide) Existing Tree Lawn (5’ wide) Existing Tree Existing Tree Existing Tree Existing Tree Existing Tree Existing Tree Owner: Brighton Early [email protected] (216)-500-5000 4321 W. 85th St…
Market overview
Demographics & Economy
Cleveland, OH has 1,178,954 residents in 579,315 households. Density runs 2,940 people per square mile. Median household income here is $65,986 and median gross rent $1,066 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Cleveland?
How much does it cost to lease commercial space in Cleveland?
What is the office vacancy rate in Cleveland?
Which property type has the lowest vacancy in Cleveland?
What zoning applies to commercial property in Cleveland?
Where does Realmo's Cleveland market data come from?
Methodology & data sources
- Asking prices and medians
- There are 1,347 active for-sale and 342 active for-lease listings in Cleveland, OH. The medians are based on 778 of the for-sale and 38 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 50,013 zoned acres across 249 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 October 2026 — not today — is the honest last update.
- Known limitations
- multifamily 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 October 2026 · How Realmo checks market page data · Report a data issue
