Commercial Real Estate Market in Pandora, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Pandora, OH spans 26.7 square miles in Putnam County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Pandora, 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 Pandora, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Pandora, 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 Pandora, 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 48.2%
- Industrial 33.7%
- Agricultural 9.2%
- Commercial 9%
Largest Zones share of zoned land by district
Industrial District
Residence District
Residence District
Agriculture
Local Business District
Pandora, OH zones 709 acres across 5 districts. Commercial zoning covers 9% of zoned land, residential 48.2% and industrial 33.7%. The largest single district is Industrial District at 33.7%. For commercial buyers the practical constraint is that only 42.6% of land carries a commercial or industrial designation.
Industrial District (I-1)
The purpose of the I-1 Industrial District is to provide for commercial uses, storage, and those manufacturing uses not normally creating a nuisance discernible beyond its property.
Market overview
Demographics & Economy
Pandora, OH has 2,239 residents in 1,013 households. Density runs 84 people per square mile. Median household income here is $67,153 and median gross rent $857 a month.
2,239
Population
1,013
Households
2.2
Avg Household Size
40
Median Age
29%
College-Educated
98%
High-School Grad
26.7 sq mi
ZIP Area
84
Density / Sq Mi
$67,153
Median Household Income
$41,649
Median Earnings
$857
Median Rent
$167,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bluffton | — | — |
| Cols Grove | — | — |
| Mount Cory | — | — |
| Beaverdam | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Pandora?
Pandora, OH zones 709 acres across 5 districts, of which 9% is commercial and 33.7% industrial. The largest single district is Industrial District at 33.7% of zoned land. The purpose of the I-1 Industrial District is to provide for commercial uses, storage, and those manufacturing uses not normally creating a nuisance discernible beyond its property. Residential zoning covers 48.2% and open space 0%.
Where does Realmo's Pandora market data come from?
Realmo compiles Pandora, OH figures from 2 recent recorded sales, 82 tracked off-market properties, the current Pandora zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- 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: 709 zoned acres across 5 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
