Commercial Real Estate Market in Lakemore, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 39 off-market properties in Lakemore, OH.
Market Trends
Lakemore, OH spans 0.7 square miles in Summit County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lakemore, 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 Lakemore, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Lakemore, 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 Lakemore, OH asks $100/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 76.7%
- Commercial 10%
- Industrial 1.9%
Largest Zones share of zoned land by district
Residence District
Residence District
Planned Residential District
Lake
Community Facilities District
Lakemore, OH zones 1,087 acres across 11 districts. Commercial zoning covers 10% of zoned land, residential 76.7% and industrial 1.9%. The largest single district is Residence District at 18.8%. For commercial buyers the practical constraint is that only 11.9% of land carries a commercial or industrial designation.
Residence District (R-1)
The R-1 Residence District is established to accommodate single family and two family residential development at a density of approximately four dwelling units per acre. The following regulations are established in order to allow efficient use of public facilities already in place and to maintain the natural environment
Market overview
Demographics & Economy
Lakemore, OH has 1,469 residents in 808 households. Density runs 2,076 people per square mile. Median household income here is $54,094 and median gross rent $1,110 a month.
1,469
Population
808
Households
1.8
Avg Household Size
44
Median Age
7%
College-Educated
84%
High-School Grad
0.7 sq mi
ZIP Area
2,076
Density / Sq Mi
$54,094
Median Household Income
$34,659
Median Earnings
$1,110
Median Rent
$103,000
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
How much does it cost to lease commercial space in Lakemore?
Asking lease rates in Lakemore, OH average $7.67 per square foot per year.
What zoning applies to commercial property in Lakemore?
Lakemore, OH zones 1,087 acres across 11 districts, of which 10% is commercial and 1.9% industrial. The largest single district is Residence District at 18.8% of zoned land. The R-1 Residence District is established to accommodate single family and two family residential development at a density of approximately four dwelling units per acre. The following regulations are established in order to allow efficient use of public facilities already in place and to maintain the natural environment Residential zoning covers 76.7% and open space 0%.
Where does Realmo's Lakemore market data come from?
Realmo compiles Lakemore, OH figures from 3 recent recorded sales, 1 active lease listings, 39 tracked off-market properties, the current Lakemore zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 0 active for-sale and 1 active for-lease listings in Lakemore, 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: 1,087 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
