Commercial Real Estate Market in Coldwater, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Coldwater, OH spans 33.9 square miles in Mercer County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Coldwater, 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 Coldwater, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Coldwater, 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 Coldwater, 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 62.5%
- Industrial 23.9%
- Commercial 8.5%
- Planned_development 3.5%
- Mixed use 1.7%
Largest Zones share of zoned land by district
Suburban Residential
General Industrial
Urban Residential
Community Service
Rural Residential
Coldwater, OH zones 1,241 acres across 11 districts. Commercial zoning covers 8.5% of zoned land, residential 62.5% and industrial 23.9%. The largest single district is Suburban Residential at 44.5%. For commercial buyers the practical constraint is that only 32.3% of land carries a commercial or industrial designation.
Suburban Residential (R-2)
R-2 district intended to provide for low-density single-family residential development, new duplexes on large lots may also be permitted by Conditional Permit of the Zoning Board.
Market overview
Demographics & Economy
Coldwater, OH has 6,495 residents in 2,164 households. Density runs 192 people per square mile. Median household income here is $77,857 and median gross rent $824 a month.
6,495
Population
2,164
Households
3
Avg Household Size
36
Median Age
27%
College-Educated
96%
High-School Grad
33.9 sq mi
ZIP Area
192
Density / Sq Mi
$77,857
Median Household Income
$44,766
Median Earnings
$824
Median Rent
$233,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Saint Henry | — | — |
| Montezuma | — | — |
| Carthagena | — | — |
| Celina | — | $9.78 |
Frequently Asked Questions
What zoning applies to commercial property in Coldwater?
Coldwater, OH zones 1,241 acres across 11 districts, of which 8.5% is commercial and 23.9% industrial. The largest single district is Suburban Residential at 44.5% of zoned land. R-2 district intended to provide for low-density single-family residential development, new duplexes on large lots may also be permitted by Conditional Permit of the Zoning Board. Residential zoning covers 62.5% and open space 0%.
Where does Realmo's Coldwater market data come from?
Realmo compiles Coldwater, OH figures from 6 recent recorded sales, 291 tracked off-market properties, the current Coldwater zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- 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: 1,241 zoned acres across 11 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
