Commercial Real Estate Market in Orange, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Orange, 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 Orange, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Orange, 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 Orange, OH asks $78/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
- Residential 81.2%
- Planned_development 10.2%
- Mixed use 6.2%
- Civic 1.3%
- Commercial 0.9%
Largest Zones share of zoned land by district
Single Family Dwelling District
Special Residential District
Single Family Dwelling District
Planned Mixed Use Development District
Pinehurst Planned Development
Orange, OH zones 2,435 acres across 11 districts. Commercial zoning covers 0.9% of zoned land, residential 81.2%. The largest single district is Single Family Dwelling District at 71.3%. For commercial buyers the practical constraint is that only 0.9% of land carries a commercial or industrial designation.
Single Family Dwelling District (U-1)
U-1 Single-Family Dwelling District intended to promote single-family dwellings.
Market overview
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Orange Village | $76 (county avg) | — |
| Beachwood | $76 (county avg) | $17.80 |
| Woodmere | $76 (county avg) | — |
| Pepper Pike | $76 (county avg) | — |
Commercial property in Orange, OH asks $76/SF. The 4 bordering markets run from $76/SF in Orange Village to $76/SF in Orange Village, and the city sits in line with their $76/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Orange?
Commercial property in Orange, OH asks an average of $76 per square foot. The 3 most recent recorded sales traded at a median of $2,062/SF. Multifamily carries the highest asking price at $78/SF.
How does Orange compare to nearby markets on price?
Orange, OH asks $76/SF against $76/SF in Orange Village, $76/SF in Beachwood, $76/SF in Woodmere and $76/SF in Pepper Pike.
What zoning applies to commercial property in Orange?
Orange, OH zones 2,435 acres across 11 districts, of which 0.9% is commercial and 0% industrial. The largest single district is Single Family Dwelling District at 71.3% of zoned land. U-1 Single-Family Dwelling District intended to promote single-family dwellings. Residential zoning covers 81.2% and open space 0%.
Where does Realmo's Orange market data come from?
Realmo compiles Orange, OH figures from 5 recent recorded sales, 24 tracked off-market properties, the current Orange zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- 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.
- Zoning and land use
- The current municipal zoning release: 2,435 zoned acres across 11 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
