Commercial Real Estate Market in Piqua, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
39 active listings and 1,141 off-market properties in Piqua, OH.
Market Trends
Piqua, OH spans 75.5 square miles in Miami County, Ohio. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Piqua, OH has a median asking sale price of $97/SF (based on 5 listings). Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Piqua, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Piqua, 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%.
Multifamily
Multifamily space in Piqua, OH has a median asking sale price of $76/SF (based on 8 listings). Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Industrial 32.2%
- Residential 17.9%
- Agricultural 15.7%
- Commercial 14.1%
- Open space 8.2%
- Mixed use 8%
- Civic 3.8%
Largest Zones share of zoned land by district
Piqua, OH zones 8,077 acres across 26 districts. Commercial zoning covers 14.1% of zoned land, residential 17.9%, open space 8.2% and industrial 32.2%. The largest single district is Industrial Heavy at 29.8%. For commercial buyers the practical constraint is that only 46.4% of land carries a commercial or industrial designation.
Intended for industrial uses that should be isolated from residences. These uses perform essential functions and land zoned for these uses should have limited encroachment by non-industrial uses. Industrial development is auto-oriented by nature, but opportunities for multi-modal entry into sites is desired.
Market overview
Demographics & Economy
Piqua, OH has 25,106 residents in 11,353 households. Density runs 332 people per square mile. Median household income here is $66,134 and median gross rent $900 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Covington | $74 | — |
| Troy | $136 | — |
| Sidney | $217 | $13.89 |
Commercial property in Piqua, OH asks $91/SF. The 3 bordering markets run from $74/SF in Covington to $217/SF in Sidney, and the city sits below their $136/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Piqua?
How does Piqua compare to nearby markets on price?
What zoning applies to commercial property in Piqua?
Where does Realmo's Piqua market data come from?
Methodology & data sources
- Asking prices and medians
- There are 28 active for-sale and 11 active for-lease listings in Piqua, OH. The sale median is based on 17 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 8,077 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 October 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, industrial vacancy is reported at Midwest region level and asking prices run materially above recent closed pricing.
- 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 October 2026 · How Realmo checks market page data · Report a data issue
