Commercial Real Estate Market in Oregon, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
50 active listings and 752 off-market properties in Oregon, OH. Commercial property asks $64/SF to buy and $70.00/SF/Yr to lease.
Market Trends
Oregon, OH spans 45.6 square miles in Lucas County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Oregon, 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 Oregon, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Oregon, 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 Oregon, 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 62.9%
- Industrial 18.5%
- Open space 9.3%
- Commercial 5.8%
Largest Zones share of zoned land by district
Agricultural
Low Density Residential
Medium Density Residential
General Industrial
Park
Oregon, OH zones 18,382 acres across 17 districts. Commercial zoning covers 5.8% of zoned land, residential 62.9%, open space 9.3% and industrial 18.5%. The largest single district is Agricultural at 23.5%. For commercial buyers the practical constraint is that only 24.3% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Oregon, OH has 45,487 residents in 20,886 households. Density runs 997 people per square mile. Median household income here is $56,972 and median gross rent $860 a month.
45,487
Population
20,886
Households
2.2
Avg Household Size
39
Median Age
16%
College-Educated
85%
High-School Grad
45.6 sq mi
ZIP Area
997
Density / Sq Mi
$56,972
Median Household Income
$34,182
Median Earnings
$860
Median Rent
$111,059
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Harbor View | — | — |
| Northwood | — | — |
| Walbridge | — | — |
| Curtice | — | — |
Commercial property in Oregon, OH asks $64/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Oregon?
Commercial property in Oregon, OH asks an average of $64 per square foot. The 5 most recent recorded sales traded at a median of $43/SF, so asking sits 49% above the achieved median.
How much does it cost to lease commercial space in Oregon?
Asking lease rates in Oregon, OH average $70.00 per square foot per year.
What zoning applies to commercial property in Oregon?
Oregon, OH zones 18,382 acres across 17 districts, of which 5.8% is commercial and 18.5% industrial. The largest single district is Agricultural at 23.5% of zoned land. Residential zoning covers 62.9% and open space 9.3%.
Where does Realmo's Oregon market data come from?
Realmo compiles Oregon, OH figures from 6 recent recorded sales, 35 active sale listings, 15 active lease listings, 752 tracked off-market properties, the current Oregon zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 35 active for-sale and 15 active for-lease listings in Oregon, 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: 18,382 zoned acres across 17 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
