Cleveland, TX
Commercial Real Estate Market Trends & Data

$189 Avg asking sale price
$22 Avg asking lease rate
94,072 SF Avg unit lease size
5,840 SF Avg building size for sale
6.74% Average cap rate

Cleveland's Demographic Profile

Cleveland has 3,523 households and a median income of $50,387, providing context for rent absorption and tenant demand across retail and multifamily assets. A +30% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 9,837
# Households 3,523
Median age 36
Median household income $50,387
Avg household size 3.0
Renter-occupied housing units 1,715
5-year population change +30%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Cleveland, TX

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Cleveland $257 4,110 SF
Shepherd $250 3,200 SF
Plum Grove $452 1,362 SF
Splendora $819 12,286 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
New Caney $172 26,882 SF 5.39%
Dayton $3,069 3,192 SF 5.49%
Porter $113 50,964 SF 5.39%
Conroe $133 22,826 SF 7.46%

Commercial Properties For Sale in Cleveland

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

270 AC - 99 Grand Parkway

Cleveland, TX 77327

  • 270 AC Lot
  • 1 Industrial Lot
  • Price Upon Request
For Sale

Whiskey Creek Retreat

Cleveland, TX 77328

  • 20.46 AC Lot
  • 1 Commercial Lot
  • $799,999
For Sale

Store#18950

Cleveland, TX 77328

  • 9,100 SF Retail Building
  • 6.21% Cap Rate
  • $1,900,000
For Sale

1815 Southline

Cleveland, TX 77327

  • 3,028 SF Multifamily
  • $425,000
For Sale

9.73-Ac 2870 Fostoria Tram Road, Cleveland

Cleveland, TX 77328

  • 9.71 AC Lot
  • 1 Commercial Lot
  • $625,300
For Sale

2.46 Acre Development Opportunity

Cleveland, TX 77327

  • 2.46 AC Lot
  • 1 Commercial Lot
  • $844,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

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Nearby Commercial Markets

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

Commercial Markets Avg Cost/SF Average Size
Cleveland $189 5,840 SF
Shepherd $302 3,260 SF
Plum Grove $452 1,362 SF
Splendora $537 7,561 SF

Regional Demographic Comparison

This comparison places Cleveland 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 Cleveland or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Cleveland 9,837 3,523 36 $50,387 3 1,715 30%
North Cleveland 224 89 40 $57,142 3 22 30%
Shepherd 2,116 749 37 $48,359 3 236 9%
Plum Grove 1,003 281 30 $49,127 3 37 29%
Splendora 2,122 705 36 $68,771 3 173 24%

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

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

Cleveland 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 Cleveland?

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

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

How does Cleveland compare to nearby commercial real estate markets?

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

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