Commercial Real Estate Market in Pedro, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
6 active listings and 45 off-market properties in Pedro, OH.
Market Trends
Pedro, OH spans 99.0 square miles in Lawrence County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Pedro, 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 Pedro, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Pedro, 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 Pedro, OH runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Pedro, OH has 2,623 residents in 1,278 households. Density runs 27 people per square mile. Median household income here is $48,636 and median gross rent $844 a month.
2,623
Population
1,278
Households
2.1
Avg Household Size
40
Median Age
22%
College-Educated
82%
High-School Grad
99 sq mi
ZIP Area
27
Density / Sq Mi
$48,636
Median Household Income
$32,867
Median Earnings
$844
Median Rent
$104,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| South Webster | — | — |
| Kitts Hill | — | — |
| Scioto Furnace | — | — |
| Hanging Rock | — | — |
Commercial property in Pedro, OH asks $2/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Pedro?
Commercial property in Pedro, OH asks an average of $2 per square foot.
Methodology & data sources
- Asking prices and averages
- Computed from 6 active for-sale and 0 active for-lease listings in Pedro, 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 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
