Cincinnati, OH
Commercial Real Estate Market Trends & Data

$178 Avg asking sale price
$324 Avg asking lease rate
23,202 SF Avg unit lease size
26,074 SF Avg building size for sale
7.54% Average cap rate

Cincinnati's Demographic Profile

Cincinnati has 146,678 households and a median income of $48,227, 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 326,888
# Households 146,678
Median age 35
Median household income $48,227
Avg household size 2.0
Renter-occupied housing units 94,776
5-year population change +1%

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

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Cincinnati $215 6,470 SF
Avondale $580 5,649 SF
Saint Bernard $31 3,842 SF
Norwood $191 8,209 SF
Roselawn $167 6,412 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Cincinnati $126 35,901 SF 11.25%
Roselawn $106 30,318 SF 9.90%
Bond Hill $106 30,318 SF 9.90%
Oakley $126 14,535 SF 8.38%
Reading $130 34,070 SF 9.90%

Commercial Properties For Sale in Cincinnati

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

Northern Tool + Equipment

Cincinnati, OH 45241

  • 22,460 SF Retail Building
  • 7.00% Cap Rate
  • $6,012,875
For Sale

Glenway Ave Lots

Cincinnati, OH 45204

  • 0.49 AC Lot
  • 1 Residential Income Lot
  • $180,000
For Sale

Old State Route 74

Cincinnati, OH 45244

  • 1.14 AC Lot
  • 1 Commercial Lot
  • $299,000
For Sale

8830 Reading Rd

Cincinnati, OH 45215

  • 3,870 SF Office Building
  • $425,000
For Sale

24 E University Ave

Cincinnati, OH 45219

  • 13,794 SF Multifamily
  • $400,000
For Sale

2025-2033 Elm St

Cincinnati, OH 45202

  • 33,000 SF Industrial Building
  • $2,300,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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Understand how accelerated depreciation works, which method fits your deal, and how to avoid the tax pitfalls that catch most investors off guard.

Nearby Commercial Markets

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

Commercial Markets Avg Cost/SF Average Size
Cincinnati $178 26,074 SF
Avondale $249 45,346 SF
Saint Bernard $84 117,681 SF
Norwood $196 12,250 SF
Bond Hill $122 28,367 SF

Multifamily Properties For Sale in Cincinnati

For Sale

2035 Elm St

Cincinnati, OH 45202

  • 3,000 SF Multifamily
  • $300,000
For Sale

The Bearcat Portfolio

Cincinnati, OH

  • 7.28% Cap Rate
  • $8,600,000
For Sale

428-430 Elizabeth St

Cincinnati, OH 45203

  • 4,359 SF Multifamily
  • 7.33% Cap Rate
  • $775,000
For Sale

Romaine & Rutland

Cincinnati, OH

  • Price Upon Request
For Sale

The Lofts at Fountain Square

Cincinnati, OH 45202

  • 10,220 SF Multifamily
  • Price Upon Request
For Sale

Park West & Hogan - 23 Units

Cincinnati, OH

  • Price Upon Request

Regional Demographic Comparison

This comparison places Cincinnati 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 Cincinnati or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Cincinnati 326,888 146,678 35 $48,227 2 94,776 1%
Avondale 14,247 6,583 37 $29,606 2 4,846 3%
Saint Bernard 3,573 1,637 40 $68,900 2 699 -4%
Norwood 17,478 7,822 35 $51,368 2 4,302 -3%
Bond Hill 20,839 9,476 42 $51,046 2 5,470 -1%

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

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

Cincinnati 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 Cincinnati?

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

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

How does Cincinnati compare to nearby commercial real estate markets?

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

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