Commercial Real Estate Market in Gahanna, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
2,082 active listings and 20,657 off-market properties in Gahanna, OH. Commercial property asks $104/SF to buy and $21.84/SF/Yr to lease.
Market Trends
Gahanna, OH spans 20.4 square miles in Franklin County, Ohio. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Gahanna, OH asks $16.63/SF/Yr to lease. Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Average Lease Price $/SF/Yr
Listings
Vacancy Rate % in Midwest region
Retail
Retail space in Gahanna, OH asks $16.38/SF/Yr to lease. Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Average Lease Price $/SF/Yr
Listings
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Gahanna, 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 Gahanna, 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 57.4%
- Industrial 13.8%
- Open space 12.3%
- Civic 9.2%
- Commercial 5.7%
- Mixed use 1.6%
Largest Zones share of zoned land by district
Large Lot Residential
Innovation And Manufacturing
Conservation
Medium Lot Residential
Small Lot Residential
Gahanna, OH zones 6,927 acres across 13 districts. Commercial zoning covers 5.7% of zoned land, residential 57.4%, open space 12.3% and industrial 13.8%. The largest single district is Large Lot Residential at 21.9%. For commercial buyers the practical constraint is that only 19.5% of land carries a commercial or industrial designation.
Large Lot Residential (R-1)
Large Lot Residential R-1 Medium Lot Residential R-2 Small Lot Residential R-3 Multi-Unit Residential R-4 Office OF Neighborhood Commercial NC General Commercial GC Restricted Institutional RI Innovation & Manufacturing IM Conservation CON Creekside Mixed-Use CMU Creekside Residential CR Limited Overlay L City of Gahanna, Ohio, Zoning Ordinance 19 1103.06 ES…
Market overview
Demographics & Economy
Gahanna, OH has 58,372 residents in 26,170 households. Density runs 2,861 people per square mile. Median household income here is $92,271 and median gross rent $1,407 a month.
58,372
Population
26,170
Households
2.2
Avg Household Size
37
Median Age
50%
College-Educated
96%
High-School Grad
20.4 sq mi
ZIP Area
2,861
Density / Sq Mi
$92,271
Median Household Income
$53,832
Median Earnings
$1,407
Median Rent
$282,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Whitehall | — | — |
| Blacklick | — | — |
| Bexley | — | — |
| New Albany | — | $25.46 |
Commercial property in Gahanna, OH asks $104/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Gahanna?
Commercial property in Gahanna, OH asks an average of $104 per square foot. The 4 most recent recorded sales traded at a median of $57/SF, so asking sits 82% above the achieved median.
How much does it cost to lease commercial space in Gahanna?
Asking lease rates in Gahanna, OH average $21.84 per square foot per year. Office asks $16.63/SF/Yr as of Q2 26, down from $19.31/SF/Yr in Q1 26.
What zoning applies to commercial property in Gahanna?
Gahanna, OH zones 6,927 acres across 13 districts, of which 5.7% is commercial and 13.8% industrial. The largest single district is Large Lot Residential at 21.9% of zoned land. Large Lot Residential R-1 Medium Lot Residential R-2 Small Lot Residential R-3 Multi-Unit Residential R-4 Office OF Neighborhood Commercial NC General Commercial GC Restricted Institutional RI Innovation & Manufacturing IM Conservation CON Creekside Mixed-Use CMU Creekside Residential CR Limited Overlay L City of Gahanna, Ohio, Zoning Ordinance 19 1103.06 ES… Residential zoning covers 57.4% and open space 12.3%.
Where does Realmo's Gahanna market data come from?
Realmo compiles Gahanna, OH figures from 5 recent recorded sales, 1,297 active sale listings, 785 active lease listings, 20,657 tracked off-market properties, the current Gahanna zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1,297 active for-sale and 785 active for-lease listings in Gahanna, 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: 6,927 zoned acres across 13 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 30 September 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 30 September 2026 · report a data issue
