Centerville, OH
Commercial Real Estate Market Trends & Data

$132 Avg asking sale price
$832 Avg asking lease rate
20,269 SF Avg unit lease size
17,825 SF Avg building size for sale
7.38% Average cap rate

Centerville's Demographic Profile

Centerville has 10,741 households and a median income of $83,838, providing context for rent absorption and tenant demand across retail and multifamily assets. A -1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 23,547
# Households 10,741
Median age 46
Median household income $83,838
Avg household size 2.0
Renter-occupied housing units 3,266
5-year population change -1%

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

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Centerville $123 9,019 SF 8.00%
Washington Township $153 14,239 SF 8.77%
Kettering $113 48,298 SF 11.00%
Miamisburg $149 20,165 SF 14.55%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Washington Township $96 32,947 SF 8.77%
Kettering $106 82,410 SF 11.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Centerville $216 34,267 SF
Washington Township $134 33,295 SF
Kettering $140 8,761 SF
Bellbrook $103 7,249 SF
West Carrollton $203 4,188 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Kettering $221 21,927 SF 7.47%
Dayton $142 13,781 SF 13.08%
Beavercreek $125 47,820 SF 7.01%
Riverside $79 7,500 SF 7.96%

Commercial Properties For Sale in Centerville

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

7960-7996 Clyo Rd

Dayton, OH 45459

  • 1,312 SF Office Building
  • $99,900
For Sale

Sugarcreek Crossing

Centerville, OH 45459

  • 24,063 SF Retail Building
  • 6.50% Cap Rate
  • $9,980,000
For Sale

7560-7566 Paragon Rd

Centerville, OH 45459

  • 18,236 SF Flex Building
  • $1,975,000
For Sale

Bldg 2

Centerville, OH 45459

  • 14,000 SF Office Building
  • $159,000
For Sale

7989 S Suburban Rd

Centerville, OH 45458

  • 13,964 SF Industrial Building
  • $995,000
For Sale

5700 Far Hills Ave

Dayton, OH 45429

  • 2,500 SF Office Building
  • $495,000

Average Price For Sale

↻ Updated Monthly

Average Price 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 Centerville pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Centerville $132 17,825 SF
Washington Township $133 20,807 SF
Kettering $148 29,459 SF
Spring Valley $70 13,500 SF

Regional Demographic Comparison

This comparison places Centerville 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 Centerville or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Centerville 23,547 10,741 46 $83,838 2 3,266 -1%
Washington Township 85,039 35,830 44 $90,810 2 10,703 -1%
Kettering 54,165 24,597 40 $67,316 2 9,574 -2%
Bellbrook 7,703 2,998 43 $114,899 3 675 1%
Spring Valley 460 230 48 $50,769 2 39 -10%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Centerville, 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 Centerville

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

Centerville 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 Centerville?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Centerville. 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 Centerville?

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

How does Centerville compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Centerville. 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 Centerville acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Centerville, 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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