Commercial Real Estate Market in Northfield Center, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
28 active listings and 360 off-market properties in Northfield Center, OH. Commercial property asks $65/SF to buy and $9.69/SF/Yr to lease.
Market Trends
Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Northfield Center, 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 Northfield Center, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Northfield Center, 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 Northfield Center, 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
Market overview
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Brecksville | $76 (county avg) | $15.68 |
| Bedford | $76 (county avg) | — |
Commercial property in Northfield Center, OH asks $65/SF. The 2 bordering markets run from $76/SF in Brecksville to $76/SF in Brecksville, and the city sits below their $76/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Northfield Center?
Commercial property in Northfield Center, OH asks an average of $65 per square foot. The 3 most recent recorded sales traded at a median of $108/SF. Multifamily carries the highest asking price at $91/SF.
How much does it cost to lease commercial space in Northfield Center?
Asking lease rates in Northfield Center, OH average $9.69 per square foot per year.
How does Northfield Center compare to nearby markets on price?
Northfield Center, OH asks $65/SF against $76/SF in Brecksville and $76/SF in Bedford.
Where does Realmo's Northfield Center market data come from?
Realmo compiles Northfield Center, OH figures from 6 recent recorded sales, 12 active sale listings, 16 active lease listings, 360 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 12 active for-sale and 16 active for-lease listings in Northfield Center, 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
