Commercial Real Estate Market in Waldo, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 67 off-market properties in Waldo, OH.
Market Trends
Waldo, OH spans 20.7 square miles in Marion County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Waldo, 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 Waldo, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Waldo, 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 Waldo, 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 93.6%
- Mixed use 3.8%
- Industrial 1.9%
- Commercial 0.7%
Largest Zones share of zoned land by district
Low Density One And Two Family Residential District
Medium Density One And Two Family Residential District
Neighborhood Mixed Use Commercial District
Industrial District
General Commercial District
Waldo, OH zones 364 acres across 5 districts. Commercial zoning covers 0.7% of zoned land, residential 93.6% and industrial 1.9%. The largest single district is Low Density One And Two Family Residential District at 76.3%. For commercial buyers the practical constraint is that only 2.6% of land carries a commercial or industrial designation.
Neighborhood Mixed Use Commercial District (C-1)
Any Principal Use Permitted in the C-1 Neighborhood Commercial District Public Uses Semi-Public Uses Dwelling Units Within the Same Structure Containing a Permitted Commercial Use Administrative Offices (primarily engaged in management functions such as supervision, purchasing or accounting) Business Offices not Involving Retail Trade (such as banking, insur…
Market overview
Demographics & Economy
Waldo, OH has 1,161 residents in 423 households. Density runs 56 people per square mile. Median household income here is $99,375 and median gross rent $775 a month.
1,161
Population
423
Households
2.7
Avg Household Size
44
Median Age
36%
College-Educated
99%
High-School Grad
20.7 sq mi
ZIP Area
56
Density / Sq Mi
$99,375
Median Household Income
$47,969
Median Earnings
$775
Median Rent
$263,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Ashley | — | — |
| Prospect | — | — |
| Radnor | — | — |
| Cardington | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Waldo?
Waldo, OH zones 364 acres across 5 districts, of which 0.7% is commercial and 1.9% industrial. The largest single district is Low Density One And Two Family Residential District at 76.3% of zoned land. Residential zoning covers 93.6% and open space 0%.
Where does Realmo's Waldo market data come from?
Realmo compiles Waldo, OH figures from 2 active sale listings, 67 tracked off-market properties, the current Waldo zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 0 active for-lease listings in Waldo, 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: 364 zoned acres across 5 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
