Commercial Real Estate Market in Eastlake, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
28 active listings and 514 off-market properties in Eastlake, OH. Commercial property asks $21/SF to buy and $8.15/SF/Yr to lease.
Market Trends
Eastlake, OH spans 9.1 square miles in Lake County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Eastlake, 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 Eastlake, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Eastlake, 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 Eastlake, 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 57.3%
- Industrial 16.2%
- Commercial 8.8%
- Open space 3.8%
- Special 0%
Largest Zones share of zoned land by district
One Family 60
General Industrial
Suburban 1
One Family 75
Suburban 5
Eastlake, OH zones 3,976 acres across 16 districts. Commercial zoning covers 8.8% of zoned land, residential 57.3%, open space 3.8% and industrial 16.2%. The largest single district is One Family 60 at 47%. For commercial buyers the practical constraint is that only 25% of land carries a commercial or industrial designation.
One Family 60 (R-60)
The intent of this zone is to promote one family 60 uses.
Market overview
Demographics & Economy
Eastlake, OH has 32,616 residents in 15,469 households. Density runs 3,579 people per square mile. Median household income here is $69,778 and median gross rent $985 a month.
32,616
Population
15,469
Households
2.1
Avg Household Size
44
Median Age
24%
College-Educated
94%
High-School Grad
9.1 sq mi
ZIP Area
3,579
Density / Sq Mi
$69,778
Median Household Income
$43,895
Median Earnings
$985
Median Rent
$162,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Willoughby | — | — |
| Timberlake | — | — |
| Lakeline | — | — |
| Waite Hill | — | — |
Commercial property in Eastlake, OH asks $21/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Eastlake?
Commercial property in Eastlake, OH asks an average of $21 per square foot.
How much does it cost to lease commercial space in Eastlake?
Asking lease rates in Eastlake, OH average $8.15 per square foot per year.
What zoning applies to commercial property in Eastlake?
Eastlake, OH zones 3,976 acres across 16 districts, of which 8.8% is commercial and 16.2% industrial. The largest single district is One Family 60 at 47% of zoned land. The intent of this zone is to promote one family 60 uses. Residential zoning covers 57.3% and open space 3.8%.
Where does Realmo's Eastlake market data come from?
Realmo compiles Eastlake, OH figures from 3 recent recorded sales, 12 active sale listings, 16 active lease listings, 514 tracked off-market properties, the current Eastlake zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 12 active for-sale and 16 active for-lease listings in Eastlake, 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: 3,976 zoned acres across 16 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
