Commercial Real Estate Market in Lockbourne, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
24 active listings and 542 off-market properties in Lockbourne, OH. Commercial property asks $214/SF to buy and $18.00/SF/Yr to lease.
Market Trends
Lockbourne, OH spans 31.9 square miles in Warren County, Ohio. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Lockbourne, 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 Lockbourne, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Lockbourne, 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 Lockbourne, OH runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Lockbourne, OH has 2,684 residents in 968 households. Density runs 84 people per square mile. Median household income here is $57,167 and median gross rent $1,297 a month.
2,684
Population
968
Households
2.8
Avg Household Size
40
Median Age
19%
College-Educated
74%
High-School Grad
31.9 sq mi
ZIP Area
84
Density / Sq Mi
$57,167
Median Household Income
$34,732
Median Earnings
$1,297
Median Rent
$225,400
Median Home Value
Tools
Nearby Markets
Commercial property in Lockbourne, OH asks $214/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lockbourne?
Commercial property in Lockbourne, OH asks an average of $214 per square foot. The 6 most recent recorded sales traded at a median of $256/SF.
How much does it cost to lease commercial space in Lockbourne?
Asking lease rates in Lockbourne, OH average $18.00 per square foot per year.
Where does Realmo's Lockbourne market data come from?
Realmo compiles Lockbourne, OH figures from 6 recent recorded sales, 15 active sale listings, 9 active lease listings, 542 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 15 active for-sale and 9 active for-lease listings in Lockbourne, 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 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 · How Realmo checks market page data · Report a data issue
