Commercial Real Estate Market in Mendon, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
3 active listings and 50 off-market properties in Mendon, OH.
Market Trends
Mendon, OH spans 36.6 square miles in Mercer County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Mendon, 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 Mendon, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Mendon, 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 Mendon, OH runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 36.2%
- Agricultural 23.8%
- Commercial 9.5%
- Industrial 0.4%
Largest Zones share of zoned land by district
Residential
No Zoning
Agriculture
Special
Business
Residential (R-2)
In an "R-2" or "R-3" District a residence may be converted to accommodate an increased number of dwelling units provided: (A) If the building is to be altered on the outside, the yards shall not be reduced to less than the yard dimensions required by the zoning regulations for new structures in that district. (B) The lot area per family is equal to the lot a…
Market overview
Demographics & Economy
Mendon, OH has 1,408 residents in 614 households. Density runs 38 people per square mile. Median household income here is $38,281 and median gross rent $699 a month.
1,408
Population
614
Households
2.3
Avg Household Size
42
Median Age
10%
College-Educated
87%
High-School Grad
36.6 sq mi
ZIP Area
38
Density / Sq Mi
$38,281
Median Household Income
$34,375
Median Earnings
$699
Median Rent
$112,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Elgin | — | — |
| Rockford | — | — |
| Venedocia | — | — |
| Ohio City | — | — |
Commercial property in Mendon, OH asks $77/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Mendon?
Commercial property in Mendon, OH asks an average of $77 per square foot.
Where does Realmo's Mendon market data come from?
Realmo compiles Mendon, OH figures from 3 active sale listings, 50 tracked off-market properties, the current Mendon zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 3 active for-sale and 0 active for-lease listings in Mendon, 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: 361 zoned acres across 6 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
