Commercial Real Estate Market in Wapakoneta, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
14 active listings and 821 off-market properties in Wapakoneta, OH.
Market Trends
Wapakoneta, OH spans 187.0 square miles in Auglaize County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Wapakoneta, 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 Wapakoneta, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Wapakoneta, 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 Wapakoneta, 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
- Industrial 33.5%
- Residential 32%
- Agricultural 14.6%
- Commercial 14.4%
- Civic 4%
- Planned_development 1.6%
Largest Zones share of zoned land by district
Industrial District
Single Family And Two Family Residence District
Agricultural District
General Business District
Single Family And Two Family Residence District
Wapakoneta, OH zones 4,142 acres across 12 districts. Commercial zoning covers 14.4% of zoned land, residential 32% and industrial 33.5%. The largest single district is Industrial District at 24.4%. For commercial buyers the practical constraint is that only 47.9% of land carries a commercial or industrial designation.
Industrial District (M-1)
The district is primarily intended for clean, low environmental impact industrial uses on larger lots that are compatible with neighboring residential, office and commercial districts through limiting outdoor storage and providing adequate landscaping and screening for buildings, structures and off street parking areas
Market overview
Demographics & Economy
Wapakoneta, OH has 17,974 residents in 7,963 households. Density runs 96 people per square mile. Median household income here is $72,965 and median gross rent $846 a month.
17,974
Population
7,963
Households
2.3
Avg Household Size
42
Median Age
20%
College-Educated
92%
High-School Grad
187 sq mi
ZIP Area
96
Density / Sq Mi
$72,965
Median Household Income
$44,392
Median Earnings
$846
Median Rent
$181,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Buckland | — | — |
| Cridersville | — | — |
| Spencerville | — | — |
| Fort Shawnee | — | — |
Commercial property in Wapakoneta, OH asks $62/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Wapakoneta?
Commercial property in Wapakoneta, OH asks an average of $62 per square foot. The 5 most recent recorded sales traded at a median of $49/SF, so asking sits 27% above the achieved median.
What zoning applies to commercial property in Wapakoneta?
Wapakoneta, OH zones 4,142 acres across 12 districts, of which 14.4% is commercial and 33.5% industrial. The largest single district is Industrial District at 24.4% of zoned land. The district is primarily intended for clean, low environmental impact industrial uses on larger lots that are compatible with neighboring residential, office and commercial districts through limiting outdoor storage and providing adequate landscaping and screening for buildings, structures and off street parking areas Residential zoning covers 32% and open space 0%.
Where does Realmo's Wapakoneta market data come from?
Realmo compiles Wapakoneta, OH figures from 6 recent recorded sales, 11 active sale listings, 3 active lease listings, 821 tracked off-market properties, the current Wapakoneta zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 11 active for-sale and 3 active for-lease listings in Wapakoneta, 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: 4,142 zoned acres across 12 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
