Commercial Real Estate Market in Lewis Center, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
36 active listings and 683 off-market properties in Lewis Center, OH. Commercial property asks $156/SF to buy and $12.50/SF/Yr to lease.
Market Trends
Lewis Center, OH spans 19.6 square miles in Delaware County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lewis Center, 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 Lewis Center, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Lewis Center, 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 Lewis Center, OH runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Lewis Center, OH has 33,032 residents in 12,595 households. Density runs 1,685 people per square mile. Median household income here is $148,446 and median gross rent $1,580 a month.
33,032
Population
12,595
Households
2.6
Avg Household Size
35
Median Age
67%
College-Educated
97%
High-School Grad
19.6 sq mi
ZIP Area
1,685
Density / Sq Mi
$148,446
Median Household Income
$72,809
Median Earnings
$1,580
Median Rent
$423,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Westerville | — | $14.94 |
| Columbus | — | $21.38 |
| Galena | — | — |
| Shawnee Hills | — | — |
Commercial property in Lewis Center, OH asks $156/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lewis Center?
Commercial property in Lewis Center, OH asks an average of $156 per square foot. The 4 most recent recorded sales traded at a median of $114/SF, so asking sits 37% above the achieved median.
How much does it cost to lease commercial space in Lewis Center?
Asking lease rates in Lewis Center, OH average $12.50 per square foot per year.
Where does Realmo's Lewis Center market data come from?
Realmo compiles Lewis Center, OH figures from 6 recent recorded sales, 16 active sale listings, 20 active lease listings, 683 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 16 active for-sale and 20 active for-lease listings in Lewis Center, 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.
- 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
