Commercial Real Estate Market in Sheffield, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
4 active listings and 9 off-market properties in Sheffield, OH.
Market Trends
Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Sheffield, 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 Sheffield, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Sheffield, 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 space in Sheffield, OH asks $88/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Industrial 35.4%
- Residential 34.7%
- Commercial 15.9%
- Civic 14%
Largest Zones share of zoned land by district
Industrial
Single Family Residence District
Public And Institutional District
General And Commercial
Office And Limited Retail
Sheffield, OH zones 6,847 acres across 7 districts. Commercial zoning covers 15.9% of zoned land, residential 34.7% and industrial 35.4%. The largest single district is Industrial at 35.4%. For commercial buyers the practical constraint is that only 51.3% of land carries a commercial or industrial designation.
Industrial (I-1)
The I-I District is established to provide for manufacturing, industrial, processing, fabrication, packaging, assembly, related uses, and related facilities within the community in conformance with specific standards and in a manner compatible with the primarily residential character of Sheffield Village.
Market overview
Tools
Nearby Markets
Frequently Asked Questions
How much does it cost to lease commercial space in Sheffield?
Asking lease rates in Sheffield, OH average $13.47 per square foot per year.
What zoning applies to commercial property in Sheffield?
Sheffield, OH zones 6,847 acres across 7 districts, of which 15.9% is commercial and 35.4% industrial. The largest single district is Industrial at 35.4% of zoned land. The I-I District is established to provide for manufacturing, industrial, processing, fabrication, packaging, assembly, related uses, and related facilities within the community in conformance with specific standards and in a manner compatible with the primarily residential character of Sheffield Village. Residential zoning covers 34.7% and open space 0%.
Where does Realmo's Sheffield market data come from?
Realmo compiles Sheffield, OH figures from 2 active sale listings, 2 active lease listings, 9 tracked off-market properties, the current Sheffield zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 2 active for-lease listings in Sheffield, 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: 6,847 zoned acres across 7 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 30 September 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 30 September 2026 · How Realmo checks market page data · Report a data issue
