Forest Park, OH
Commercial Real Estate Market Trends & Data

$113 Avg asking sale price
$10 Avg asking lease rate
6,244 SF Avg unit lease size
30,893 SF Avg building size for sale
7.63% Average cap rate

Forest Park's Demographic Profile

Forest Park has 7,019 households and a median income of $58,670, providing context for rent absorption and tenant demand across retail and multifamily assets. A -2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 19,021
# Households 7,019
Median age 38
Median household income $58,670
Avg household size 3.0
Renter-occupied housing units 3,121
5-year population change -2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Forest Park, OH

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Nearby Retail Markets Avg Cost/SF Typical Size
Forest Park $320 14,747 SF
Springdale $421 12,979 SF
Village of Indian Springs $338 7,453 SF
Glendale $263 22,460 SF
Mount Healthy $222 2,924 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Colerain Township $146 9,490 SF 8.44%
Reading $130 34,070 SF 9.90%
Bond Hill $106 30,318 SF 9.90%
Roselawn $106 30,318 SF 9.90%

Commercial Properties For Sale in Forest Park

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

11093-11095 Springfield Pike

Cincinnati, OH 45246

  • 0.70 AC Lot
  • 1 Commercial Lot
  • $279,000
For Sale

12021 Sheraton Ln

Springdale, OH 45246

  • 5,491 SF Office Building
  • $695,000
For Sale

631 Northland Blvd

Cincinnati, OH 45240

  • 1.57 AC Lot
  • 1 Commercial Lot
  • $495,000
For Sale

11020 Hamilton Ave

Cincinnati, OH 45231

  • 3,816 SF Retail Building
  • $545,000
For Sale

Walgreens

Springdale, OH 45240

  • 14,747 SF Retail Building
  • 6.25% Cap Rate
  • $4,723,200
For Sale

73 Junefield Ave

Cincinnati, OH 45218

  • 12.80 AC Lot
  • 1 Commercial Lot
  • $495,000

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 Forest Park pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Forest Park $113 30,893 SF
Springdale $295 13,900 SF
Woodlawn $92 4,089 SF
Village of Indian Springs $160 30,093 SF

Regional Demographic Comparison

This comparison places Forest Park 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 Forest Park or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Forest Park 19,021 7,019 38 $58,670 3 3,121 -2%
Woodlawn 3,583 1,612 38 $61,345 2 952 -4%
Village of Indian Springs 47,767 19,738 40 $62,129 2 8,421 3%
Glendale 2,180 959 53 $110,156 2 136 -2%

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

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

Forest Park 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 Forest Park?

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

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

How does Forest Park compare to nearby commercial real estate markets?

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

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