Commercial Real Estate Market in Greenville, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
30 active listings and 911 off-market properties in Greenville, OH. Commercial property asks $2/SF to buy and $7.34/SF/Yr to lease.
Market Trends
Greenville, OH spans 151.2 square miles in Darke County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Greenville, 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 Greenville, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Greenville, 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 Greenville, OH asks $93/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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 52.2%
- Industrial 31.6%
- Commercial 15.7%
- Planned_development 0.5%
- Mixed use 0.1%
Largest Zones share of zoned land by district
General Industrial
Suburban Residential
General Business
Urban Residential
Limited Industrial Commercial
Greenville, OH zones 4,232 acres across 14 districts. Commercial zoning covers 15.7% of zoned land, residential 52.2% and industrial 31.6%. The largest single district is General Industrial at 20.9%. For commercial buyers the practical constraint is that only 47.3% of land carries a commercial or industrial designation.
General Industrial (GI)
GI district provides areas where most industrial and industrial related activities may locate. Non-industrial activities are limited and residential uses are prohibited. The district is primarily intended for areas which are undeveloped, having larger lots and irregular block patterns, but may also be utilized to encourage the adaptive reuse of existing olde…
Market overview
Demographics & Economy
Greenville, OH has 22,213 residents in 10,400 households. Density runs 147 people per square mile. Median household income here is $53,797 and median gross rent $722 a month.
22,213
Population
10,400
Households
2.1
Avg Household Size
46
Median Age
17%
College-Educated
90%
High-School Grad
151.2 sq mi
ZIP Area
147
Density / Sq Mi
$53,797
Median Household Income
$36,666
Median Earnings
$722
Median Rent
$159,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Palestine | — | — |
| Gettysburg | — | — |
| Ansonia | — | — |
| Arcanum | — | — |
Commercial property in Greenville, OH asks $2/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Greenville?
Commercial property in Greenville, OH asks an average of $2 per square foot. The 7 most recent recorded sales traded at a median of $112/SF. Multifamily carries the highest asking price at $93/SF.
How much does it cost to lease commercial space in Greenville?
Asking lease rates in Greenville, OH average $7.34 per square foot per year.
What zoning applies to commercial property in Greenville?
Greenville, OH zones 4,232 acres across 14 districts, of which 15.7% is commercial and 31.6% industrial. The largest single district is General Industrial at 20.9% of zoned land. GI district provides areas where most industrial and industrial related activities may locate. Non-industrial activities are limited and residential uses are prohibited. The district is primarily intended for areas which are undeveloped, having larger lots and irregular block patterns, but may also be utilized to encourage the adaptive reuse of existing olde… Residential zoning covers 52.2% and open space 0%.
Where does Realmo's Greenville market data come from?
Realmo compiles Greenville, OH figures from 7 recent recorded sales, 24 active sale listings, 6 active lease listings, 911 tracked off-market properties, the current Greenville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 24 active for-sale and 6 active for-lease listings in Greenville, 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: 4,232 zoned acres across 14 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
