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Commercial Real Estate Market in Toledo, OH

Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31

493 active listings and 12,900 off-market properties in Toledo, OH. Commercial property asks $54/SF to buy and $12.50/SF/Yr to lease.

Zoning & Land Use

Land Use Mix share of zoned land by category

  • Residential 64.7%
  • Industrial 23.1%
  • Commercial 9.4%
  • Civic 1.8%
  • Mixed use 0.4%
  • Planned_development 0.4%

Largest Zones share of zoned land by district

Single Dwelling Residential 6000 Square Feet
General Industrial
Duplex Residential 6000 Square Feet
Single Dwelling Residential 12000 Square Feet
Regional Commercial

Toledo, OH zones 52,086 acres across 35 districts. Commercial zoning covers 9.4% of zoned land, residential 64.7% and industrial 23.1%. The largest single district is Single Dwelling Residential 6000 Square Feet at 28.7%. For commercial buyers the practical constraint is that only 32.5% of land carries a commercial or industrial designation.

Single Dwelling Residential 6000 Square Feet (RS6)

A. RS12, RS9, and RS6 districts in which the average lot width is 100 feet or less at the right-of-way line; and B. all other Residential districts regardless of lot width. 1107.1302 Residential Districts - Existing Plat Unless otherwise provided in this Zoning Code, sidewalks shall be provided at the time of development, on any parcel along public streets w…

Recently Sold

$3.3M across 83,832 SF sold in Toledo, OH over the most recent period. Deal sizes ranged from $70,000 to $1,600,000, with a median of $380,000 across 6 sales.
Retail
Retail
5825 Jackman, Toledo, OH 43613-1764
$525,000
15,400 SF
View details
Office Buildings
Office Buildings
3500 Granite, Toledo, OH 43617-1172
$1,600,000
11,840 SF
View details
Office Buildings
Office Buildings
350 Reynolds, Toledo, OH 43615-5995
$345,000
7,200 SF
View details
Other Warehouses
Other Warehouses
5394 Monroe, Toledo, OH 43623-2849
$380,000
40,814 SF
View details
Other Apartment Buildings
Other Apartment Buildings
1202 Nevada, Toledo, OH 43605-2772
$70,000
6,912 SF
View details
Drive Through Restaurants
Drive Through Restaurants
5394 Monroe, Toledo, OH 43623-2849
$380,000
1,666 SF
View details

Off-Market Opportunities

Realmo tracks 12,900 off-market commercial properties in Toledo, OH. Estimated values are modelled, not asking prices.
Strip Malls
Strip Malls
6725 Central, Toledo, OH 43617-1148
Estimated value:
$695,000
48,798 SF
View details
Retail
Retail
5825 Jackman, Toledo, OH 43613-1764
Estimated value:
$525,000
15,400 SF
View details
Office Buildings
Office Buildings
3500 Granite, Toledo, OH 43617-1172
Estimated value:
$1,600,000
11,840 SF
View details
Office Buildings
Office Buildings
350 Reynolds, Toledo, OH 43615-5995
Estimated value:
$345,000
7,200 SF
View details
Retail
Retail
851 Alexis, Toledo, OH 43612-4303
Estimated value:
$1,810,000
80,292 SF
View details
Other Warehouses
Other Warehouses
5394 Monroe, Toledo, OH 43623-2849
Estimated value:
$380,000
40,814 SF
View details
Other Apartment Buildings
Other Apartment Buildings
1202 Nevada, Toledo, OH 43605-2772
Estimated value:
$70,000
6,912 SF
View details
Drive Through Restaurants
Drive Through Restaurants
5394 Monroe, Toledo, OH 43623-2849
Estimated value:
$380,000
1,666 SF
View details

Market overview

Demographics & Economy

Toledo, OH has 300,698 residents in 146,499 households. Density runs 3,116 people per square mile. Median household income here is $52,840 and median gross rent $903 a month.

300,698
Population
146,499
Households
2.1
Avg Household Size
37
Median Age
23%
College-Educated
89%
High-School Grad
96.5 sq mi
ZIP Area
3,116
Density / Sq Mi
$52,840
Median Household Income
$34,914
Median Earnings
$903
Median Rent
$115,183
Median Home Value

Tools

Zoning Insight Business Placement

Nearby Markets

Market Median Asking Price, $/SF Median Asking Rent, $/SF/Yr
Sylvania $87 —
Maumee $87 $12.61

Commercial property in Toledo, OH asks $54/SF. The 2 bordering markets run from $87/SF in Sylvania to $87/SF in Maumee, and the city sits below their $87/SF median.

Featured Listings

Newest listings
Grocery Convenience Stores
Grocery Convenience Stores
4235 Monroe St, Toledo, OH 43606
$750,000
3,200 SF
View details
Medical Offices
Medical Offices
1857 N Reynolds Rd, Toledo, OH 43615
$260,000
3,648 SF
View details
Churches And Religious Facilities
Churches And Religious Facilities
6202 N Detroit Ave, Toledo, OH 43612
$99,000
4,608 SF
View details
Strip Malls
Strip Malls
2112 N Reynolds Rd, Toledo, OH 43615
$975,000
11,200 SF
View details
Warehouses
Warehouses
322 Arco Dr, Toledo, OH 43607
$419,000
View details
Office
Office
401 Adams St, Toledo, OH 43604
$800,000
6,870 SF
View details
Office Buildings
Office Buildings
136 N Huron St, Toledo, OH 43604
$10
27,546 SF
View details
Office Buildings
Office Buildings
241 N Superior St, Toledo, OH 43604
$850,000
12,600 SF
View details

Frequently Asked Questions

What is the median price per square foot for commercial property in Toledo?
Commercial property in Toledo, OH asks a median of $54 per square foot. The 6 most recent recorded sales traded at a median of $48/SF, so the asking price sits 12% above the achieved median. By property type, retail carries the highest median asking price at $85/SF.
How much does it cost to lease commercial space in Toledo?
The median asking lease rate in Toledo, OH is $12.50 per square foot per year.
How does Toledo compare to nearby markets on price?
Toledo, OH asks $54/SF, against $87/SF in Sylvania and $87/SF in Maumee.
What zoning applies to commercial property in Toledo?
Toledo, OH zones 52,086 acres across 35 districts, of which 9.4% is commercial and 23.1% industrial. The largest single district is Single Dwelling Residential 6000 Square Feet at 28.7% of zoned land. A. RS12, RS9, and RS6 districts in which the average lot width is 100 feet or less at the right-of-way line; and B. all other Residential districts regardless of lot width. 1107.1302 Residential Districts - Existing Plat Unless otherwise provided in this Zoning Code, sidewalks shall be provided at the time of development, on any parcel along public streets w… Residential zoning covers 64.7% and open space 0%.
Where does Realmo's Toledo market data come from?
Realmo compiles Toledo, OH figures from 6 recent recorded sales, 309 active sale listings, 184 active lease listings, 12,900 tracked off-market properties, the current Toledo zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 October 2026.
Methodology & data sources
Asking prices and medians
There are 309 active for-sale and 184 active for-lease listings in Toledo, OH. The medians are based on 108 of the for-sale and 43 of the for-lease listings, those that state a price or rent per square foot. 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: 52,086 zoned acres across 35 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 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 October 2026 · How Realmo checks market page data · Report a data issue

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