Commercial Real Estate Market in Morrow, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
7 active listings and 226 off-market properties in Morrow, OH.
Market Trends
Morrow, OH spans 48.7 square miles in Warren County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Morrow, 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 Morrow, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Morrow, 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 Morrow, 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 70.9%
- Commercial 12.4%
- Industrial 11.8%
Largest Zones share of zoned land by district
Single Family Residential District
Two Family Residential District
Industrial District
Community Business District
No Zoning
Morrow, OH zones 1,384 acres across 8 districts. Commercial zoning covers 12.4% of zoned land, residential 70.9% and industrial 11.8%. The largest single district is Single Family Residential District at 55.4%. For commercial buyers the practical constraint is that only 24.1% of land carries a commercial or industrial designation.
Single Family Residential District (R-1)
R-1 Single Family Residential District. 2. Multiple family residential uses shall comply with the regulations applicable in Article 7 R-3 Multiple Family Residential District. 3. Commercial uses shall comply with the regulations applicable in Article 9, B-1 Downtown Business District, Article 10, B-2 Community Business District, and Article 11, B-3 General B…
Market overview
Demographics & Economy
Morrow, OH has 13,617 residents in 4,999 households. Density runs 280 people per square mile. Median household income here is $120,340 and median gross rent $1,010 a month.
13,617
Population
4,999
Households
2.7
Avg Household Size
39
Median Age
34%
College-Educated
95%
High-School Grad
48.7 sq mi
ZIP Area
280
Density / Sq Mi
$120,340
Median Household Income
$48,430
Median Earnings
$1,010
Median Rent
$327,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| South Lebanon | — | — |
| Hamilton Township | — | — |
| Oregonia | — | — |
| Lebanon | — | — |
Commercial property in Morrow, OH asks $81,429/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Morrow?
Commercial property in Morrow, OH asks an average of $81,429 per square foot. The 4 most recent recorded sales traded at a median of $129/SF, so asking sits 62979% above the achieved median.
What zoning applies to commercial property in Morrow?
Morrow, OH zones 1,384 acres across 8 districts, of which 12.4% is commercial and 11.8% industrial. The largest single district is Single Family Residential District at 55.4% of zoned land. R-1 Single Family Residential District. 2. Multiple family residential uses shall comply with the regulations applicable in Article 7 R-3 Multiple Family Residential District. 3. Commercial uses shall comply with the regulations applicable in Article 9, B-1 Downtown Business District, Article 10, B-2 Community Business District, and Article 11, B-3 General B… Residential zoning covers 70.9% and open space 0%.
Where does Realmo's Morrow market data come from?
Realmo compiles Morrow, OH figures from 6 recent recorded sales, 7 active sale listings, 226 tracked off-market properties, the current Morrow zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 7 active for-sale and 0 active for-lease listings in Morrow, 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: 1,384 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 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, 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 31 August 2026 · report a data issue
