Bedford, OH
Commercial Real Estate Market Trends & Data

$137 Avg asking sale price
$11 Avg asking lease rate
42,826 SF Avg unit lease size
124,013 SF Avg building size for sale
11.03% Average cap rate

Bedford's Demographic Profile

Bedford has 6,969 households and a median income of $49,321, providing context for rent absorption and tenant demand across retail and multifamily assets. A 0% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 13,832
# Households 6,969
Median age 44
Median household income $49,321
Avg household size 2.0
Renter-occupied housing units 3,606
5-year population change 0%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Bedford, OH

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Bedford $100 22,931 SF
Maple Heights $90 30,984 SF
Walton Hills $141 8,025 SF
Bedford Heights $106 28,709 SF
Warrensville Heights $475 9,105 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Warrensville Heights $81 8,004 SF 7.69%
Garfield Heights $77 10,042 SF 9.27%
Highland Hills $89 13,532 SF 9.27%
Shaker Heights $102 25,735 SF 10.79%

Commercial Properties For Sale in Bedford

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

191 Center Rd

Bedford, OH 44146

  • 12,112 SF Multifamily
  • $969,000
For Sale

U.S. Bank Branch

Bedford, OH 44146

  • 6,825 SF Retail Building
  • 7.45% Cap Rate
  • $805,000
For Sale

Wash N Go - Bedford, OH Portfolio

Bedford Heights, OH

  • 14.31% Cap Rate
  • $3,500,000
For Sale

7401 First Pl

Oakwood Village, OH 44146

  • 37,864 SF Flex Building
  • $4,250,000
For Sale

5900 Pennsylvania Ave

Maple Heights, OH 44137

  • 87,117 SF Industrial Building
  • $6,098,190
For Sale

22101-22169 Rockside Rd

Bedford, OH 44146

  • 47,616 SF Retail Building
  • 7.48% Cap Rate
  • $2,800,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Bedford pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Bedford $137 124,013 SF
Maple Heights $184 79,214 SF
Walton Hills $106 172,793 SF
Bedford Heights $275 30,122 SF
Oakwood Village $83 205,402 SF

Regional Demographic Comparison

This comparison places Bedford alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Bedford or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Maple Heights 22,840 9,415 40 $45,819 2 3,859 -2%
Walton Hills 1,897 864 61 $94,999 2 51 -3%
Bedford Heights 10,648 5,242 44 $46,864 2 2,875 -2%
Oakwood Village 3,385 1,491 51 $55,171 2 401 -3%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Bedford, OH and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Bedford

View All Commercial Real Estate For Sale in Bedford
Is Bedford a good market for a first-time commercial real estate investor?

Bedford offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Bedford?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Bedford. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Bedford?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Bedford. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Bedford compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Bedford. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Bedford acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Bedford, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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