Commercial Real Estate Market in Westlake, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
41 active listings and 1,030 off-market properties in Westlake, OH. Commercial property asks $18.75/SF/Yr to lease (based on 8 listings), and the average asking price across Cuyahoga County is $76/SF.
Market Trends
Westlake, OH spans 15.9 square miles in Cuyahoga County, Ohio. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Westlake, OH runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Westlake, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Westlake, 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%.
Multifamily
Across Cuyahoga County, multifamily space asks $76/SF to buy. Multifamily vacancy in Westlake, OH runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Open space 70.1%
- Industrial 8.7%
- Residential 7.7%
- Commercial 6.5%
- Planned_development 2.6%
Largest Zones share of zoned land by district
Westlake, OH zones 9,931 acres across 21 districts. Commercial zoning covers 6.5% of zoned land, residential 7.7%, open space 70.1% and industrial 8.7%. The largest single district is One Family at 67.2%. For commercial buyers the practical constraint is that only 15.2% of land carries a commercial or industrial designation.
The purpose of this zone is to regulate bulk and location of buildings in relation to the land in order to obtain proper light, air, privacy and usable open spaces on each zoning lot appropriate for the district and to provide lots with adequate width to accommodate the development of houses of contemporary standards of design.
Market overview
Demographics & Economy
Westlake, OH has 34,228 residents in 15,781 households. Density runs 2,148 people per square mile. Median household income here is $110,101 and median gross rent $1,480 a month.
Tools
Frequently Asked Questions
What does commercial property cost per square foot in Westlake?
How much does it cost to lease commercial space in Westlake?
What zoning applies to commercial property in Westlake?
Where does Realmo's Westlake market data come from?
Methodology & data sources
- Asking prices and medians
- There are 12 active for-sale and 29 active for-lease listings in Westlake, OH. The sale figure is the Cuyahoga County average, as too few listings here state a price per square foot; the rent median is based on 8 of the for-lease listings that state a 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.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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: 9,931 zoned acres across 21 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
