Commercial Real Estate Market in Urbancrest, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
80 active listings and 1,174 off-market properties in Urbancrest, OH. Commercial property asks $30/SF to buy and $13.02/SF/Yr to lease.
Market Trends
Urbancrest, OH spans 59.7 square miles in Franklin County, Ohio. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Urbancrest, 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 Urbancrest, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Urbancrest, 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 Urbancrest, 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 45.8%
- Industrial 43.7%
- Commercial 10.1%
- Civic 0.4%
Largest Zones share of zoned land by district
Single Family Residential District
Light Industrial District
Heavy Industrial District
General Commercial District
Medium Density Multifamily Residential District
Urbancrest, OH zones 372 acres across 8 districts. Commercial zoning covers 10.1% of zoned land, residential 45.8% and industrial 43.7%. The largest single district is Single Family Residential District at 30.9%. For commercial buyers the practical constraint is that only 53.8% of land carries a commercial or industrial designation.
Single Family Residential District (R1)
R-1: Single-Family Residential District 1125.01 Purpose. 1125.02 Permitted uses. 1125.03 Accessory uses. 1125.04 Conditional uses. 1125.05 Other developmental standards. 1125.06 Prohibited uses. CROSS REFERENCES Dimensional requirements - see P. & Z. Ch. 1149 General development standards - see P. & Z. Ch. 1161 Private swimming pools - see P. & Z. Ch. 1169 F…
Market overview
Demographics & Economy
Urbancrest, OH has 66,188 residents in 27,876 households. Density runs 1,108 people per square mile. Median household income here is $87,883 and median gross rent $1,279 a month.
66,188
Population
27,876
Households
2.4
Avg Household Size
39
Median Age
31%
College-Educated
91%
High-School Grad
59.7 sq mi
ZIP Area
1,108
Density / Sq Mi
$87,883
Median Household Income
$49,747
Median Earnings
$1,279
Median Rent
$262,400
Median Home Value
Tools
Nearby Markets
Commercial property in Urbancrest, OH asks $30/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Urbancrest?
Commercial property in Urbancrest, OH asks an average of $30 per square foot. The 5 most recent recorded sales traded at a median of $275/SF.
How much does it cost to lease commercial space in Urbancrest?
Asking lease rates in Urbancrest, OH average $13.02 per square foot per year.
What zoning applies to commercial property in Urbancrest?
Urbancrest, OH zones 372 acres across 8 districts, of which 10.1% is commercial and 43.7% industrial. The largest single district is Single Family Residential District at 30.9% of zoned land. R-1: Single-Family Residential District 1125.01 Purpose. 1125.02 Permitted uses. 1125.03 Accessory uses. 1125.04 Conditional uses. 1125.05 Other developmental standards. 1125.06 Prohibited uses. CROSS REFERENCES Dimensional requirements - see P. & Z. Ch. 1149 General development standards - see P. & Z. Ch. 1161 Private swimming pools - see P. & Z. Ch. 1169 F… Residential zoning covers 45.8% and open space 0%.
Where does Realmo's Urbancrest market data come from?
Realmo compiles Urbancrest, OH figures from 5 recent recorded sales, 44 active sale listings, 36 active lease listings, 1,174 tracked off-market properties, the current Urbancrest zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 44 active for-sale and 36 active for-lease listings in Urbancrest, 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: 372 zoned acres across 8 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
