Delaware, OH
Commercial Real Estate Market Trends & Data

$234 Avg asking sale price
$18 Avg asking lease rate
16,165 SF Avg unit lease size
6,496 SF Avg building size for sale
6.74% Average cap rate

Delaware's Demographic Profile

Delaware has 18,576 households and a median income of $82,106, providing context for rent absorption and tenant demand across retail and multifamily assets. A +14% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 48,568
# Households 18,576
Median age 39
Median household income $82,106
Avg household size 3.0
Renter-occupied housing units 6,215
5-year population change +14%

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

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Lewis Center $202 16,223 SF 8.00%
Dublin $227 45,282 SF 9.79%
Nearby Retail Markets Avg Cost/SF Typical Size
Delaware $209 5,784 SF
Lewis Center $177 7,325 SF
Powell $352 18,930 SF
Shawnee Hills $352 18,930 SF
Sunbury $353 5,228 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Delaware $77 9,086 SF 6.74%
Columbus $204 21,370 SF 7.48%

Commercial Properties For Sale in Delaware

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

258 Houk Rd

Delaware, OH 43015

  • 18.30 AC Lot
  • 1 Commercial Lot
  • $1,385,000
For Sale

Optional Associated Spa Business For Sale!

Delaware, OH 43015

  • 2,773 SF Retail Building
  • $379,900
For Sale

2960 Columbus Pike

Delaware, OH 43015

  • 2,214 SF Office Building
  • $1,000,000
For Sale

237 Curtis St

Delaware, OH 43015

  • 4,080 SF Industrial Building
  • $565,000
For Sale

0-5143 Columbus Pike

Lewis Center, OH 43035

  • 10.32 AC Lot
  • 1 Commercial Lot
  • $3,096,000
For Sale

4277 Columbus Pike

Delaware, OH 43015

  • 4,128 SF Specialty
  • $2,238,800

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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Nearby Commercial Markets

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

Commercial Markets Avg Cost/SF Average Size
Delaware $234 6,496 SF
Lewis Center $329 15,211 SF
Powell $487 13,579 SF
Shawnee Hills $374 16,277 SF

Regional Demographic Comparison

This comparison places Delaware 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 Delaware or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Delaware 48,568 18,576 39 $82,106 3 6,215 14%
Lewis Center 37,891 12,638 37 $136,755 3 2,750 13%
Powell 14,220 4,739 43 $168,352 3 336 14%
Shawnee Hills 49,512 17,605 43 $144,668 3 2,154 11%
Waldo 125 47 43 $71,999 3 5 -7%

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

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

Delaware 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 Delaware?

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

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

How does Delaware compare to nearby commercial real estate markets?

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

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