Commercial Real Estate Market in Pickerington, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
67 active listings and 487 off-market properties in Pickerington, OH. Commercial property asks $198/SF to buy and $20.67/SF/Yr to lease.
Market Trends
Pickerington, OH spans 29.9 square miles in Fairfield County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Pickerington, 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 Pickerington, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Pickerington, 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 Pickerington, 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 69.3%
- Planned_development 11.9%
- Commercial 8.6%
- Mixed use 3.1%
- Civic 2%
- Industrial 1.1%
Largest Zones share of zoned land by district
Residential
Rural
Residential
Mixed Use Planned Development
Planned Development
Pickerington, OH zones 6,460 acres across 26 districts. Commercial zoning covers 8.6% of zoned land, residential 69.3% and industrial 1.1%. The largest single district is Residential at 29.5%. For commercial buyers the practical constraint is that only 9.7% of land carries a commercial or industrial designation.
Residential (R-4)
The Residential District (R4) is intended to provide space in the Municipality for medium-density, single-family detached residential development and customary supporting residential facilities as conditional uses
Market overview
Demographics & Economy
Pickerington, OH has 45,281 residents in 16,267 households. Density runs 1,514 people per square mile. Median household income here is $125,472 and median gross rent $1,596 a month.
45,281
Population
16,267
Households
2.8
Avg Household Size
38
Median Age
50%
College-Educated
97%
High-School Grad
29.9 sq mi
ZIP Area
1,514
Density / Sq Mi
$125,472
Median Household Income
$61,595
Median Earnings
$1,596
Median Rent
$315,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Cnl Wnchstr | — | $14.67 |
| Brice | — | — |
| Reynoldsburg | — | $15.63 |
| Etna | — | — |
Commercial property in Pickerington, OH asks $198/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Pickerington?
Commercial property in Pickerington, OH asks an average of $198 per square foot.
How much does it cost to lease commercial space in Pickerington?
Asking lease rates in Pickerington, OH average $20.67 per square foot per year.
What zoning applies to commercial property in Pickerington?
Pickerington, OH zones 6,460 acres across 26 districts, of which 8.6% is commercial and 1.1% industrial. The largest single district is Residential at 29.5% of zoned land. The Residential District (R4) is intended to provide space in the Municipality for medium-density, single-family detached residential development and customary supporting residential facilities as conditional uses Residential zoning covers 69.3% and open space 0%.
Where does Realmo's Pickerington market data come from?
Realmo compiles Pickerington, OH figures from 5 recent recorded sales, 45 active sale listings, 22 active lease listings, 487 tracked off-market properties, the current Pickerington zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 45 active for-sale and 22 active for-lease listings in Pickerington, 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: 6,460 zoned acres across 26 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
