Commercial Real Estate Market in North Olmsted, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
25 active listings and 570 off-market properties in North Olmsted, OH. Commercial property asks $16.25/SF/Yr to lease (based on 4 listings), and the average asking price across Cuyahoga County is $76/SF.
Market Trends
North Olmsted, OH spans 11.7 square miles in Cuyahoga County, Ohio. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in North Olmsted, OH runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in North Olmsted, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in North Olmsted, 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%.
Multifamily
Across Cuyahoga County, multifamily space asks $76/SF to buy. Multifamily vacancy in North Olmsted, OH runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Market overview
Demographics & Economy
North Olmsted, OH has 32,442 residents in 13,953 households. Density runs 2,779 people per square mile. Median household income here is $85,435 and median gross rent $1,092 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Westlake | $76 (county avg) | $18.75 |
| Berea | $82 | — |
Across Cuyahoga County, commercial property asks $76/SF. That compares with $82/SF in Berea.
Frequently Asked Questions
What does commercial property cost per square foot in North Olmsted?
How much does it cost to lease commercial space in North Olmsted?
How does North Olmsted compare to nearby markets on price?
Where does Realmo's North Olmsted market data come from?
Methodology & data sources
- Asking prices and medians
- There are 13 active for-sale and 12 active for-lease listings in North Olmsted, OH. The sale figure is the Cuyahoga County average, as too few listings here state a price per square foot; the rent median is based on 4 of the for-lease listings that state a rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
