Commercial Real Estate Market in Marblehead, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
51 active listings and 604 off-market properties in Marblehead, OH. Commercial property asks $407/SF to buy and $14.25/SF/Yr to lease.
Market Trends
Marblehead, OH spans 15.9 square miles in Summit County, Ohio. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Marblehead, 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 Marblehead, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Marblehead, 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 Marblehead, OH asks $91/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
- Industrial 47.6%
- Residential 24.4%
- Civic 14.6%
- Commercial 13.1%
Largest Zones share of zoned land by district
Manufacturing
Institutional Parks
Business
Residential Johnsons Island
Residential 1
Marblehead, OH zones 2,120 acres across 8 districts. Commercial zoning covers 13.1% of zoned land, residential 24.4% and industrial 47.6%. The largest single district is Manufacturing at 47.6%. For commercial buyers the practical constraint is that only 60.7% of land carries a commercial or industrial designation.
Manufacturing (M)
The M zone is intended to promote manufacturing uses
Market overview
Demographics & Economy
Marblehead, OH has 4,665 residents in 6,605 households. Density runs 294 people per square mile. Median household income here is $76,627 and median gross rent $863 a month.
4,665
Population
6,605
Households
0.7
Avg Household Size
59
Median Age
44%
College-Educated
94%
High-School Grad
15.9 sq mi
ZIP Area
294
Density / Sq Mi
$76,627
Median Household Income
$40,762
Median Earnings
$863
Median Rent
$274,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Port Clinton | — | — |
| Sandusky | — | $14.99 |
| Castalia | — | — |
Commercial property in Marblehead, OH asks $407/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Marblehead?
Commercial property in Marblehead, OH asks an average of $407 per square foot. The 5 most recent recorded sales traded at a median of $146/SF, so asking sits 179% above the achieved median. Multifamily carries the highest asking price at $91/SF.
How much does it cost to lease commercial space in Marblehead?
Asking lease rates in Marblehead, OH average $14.25 per square foot per year.
What zoning applies to commercial property in Marblehead?
Marblehead, OH zones 2,120 acres across 8 districts, of which 13.1% is commercial and 47.6% industrial. The largest single district is Manufacturing at 47.6% of zoned land. The M zone is intended to promote manufacturing uses Residential zoning covers 24.4% and open space 0%.
Where does Realmo's Marblehead market data come from?
Realmo compiles Marblehead, OH figures from 8 recent recorded sales, 26 active sale listings, 25 active lease listings, 604 tracked off-market properties, the current Marblehead zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 26 active for-sale and 25 active for-lease listings in Marblehead, 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: 2,120 zoned acres across 8 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, industrial vacancy is reported at Midwest region level and asking prices run materially above recent closed pricing.
- 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
