Franklin, OH
Commercial Real Estate Market Trends & Data

$111 Avg asking sale price
$12 Avg asking lease rate
24,384 SF Avg unit lease size
24,047 SF Avg building size for sale

Franklin's Demographic Profile

Franklin has 5,010 households and a median income of $58,598, providing context for rent absorption and tenant demand across retail and multifamily assets. A +8% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 12,030
# Households 5,010
Median age 40
Median household income $58,598
Avg household size 2.0
Renter-occupied housing units 2,159
5-year population change +8%

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

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Franklin $152 6,250 SF
Carlisle $134 2,233 SF
Springboro $156 17,632 SF
Monroe $26 10,466 SF
Middletown $235 23,586 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Middletown $109 7,512 SF 7.27%
Kettering $221 21,927 SF 7.47%
Dayton $99 11,843 SF 13.08%

Commercial Properties For Sale in Franklin

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

High-visibility on State Route 123, Franklin

Franklin, OH 45005

  • 0.79 AC Lot
  • 1 Commercial Lot
  • $140,000
For Sale

Clearcreek Business Center

Springboro, OH 45066

  • 8,940 SF Office Building
  • $975,000
For Sale

230 Industrial Dr

Franklin, OH 45005

  • 89,612 SF Industrial Building
  • $5,700,000
For Sale

Sports & Entertainment Center Opportunity

Springboro, OH 45066

  • 13,270 SF Sports & Entertainment
  • $495,000
For Sale

8370 Claude Thomas Rd

Franklin, OH 45005

  • 5.80 AC Lot
  • 1 Commercial Lot
  • $675,000
For Sale

4420 S Dixie Hwy

Franklin, OH 45005

  • 10,800 SF Retail Building
  • $750,000

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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Land Entitlement
Land Entitlement
Identifying Risks and Mitigation Strategies for Unentitled Land
Land Loan Calculator
Land Loan Calculator
Use this calculator to estimate monthly payments, interest, and total financing costs for raw, unimproved, or improved land purchases.
Multifamily Financing Options & Rates
Multifamily Financing Options & Rates
A comprehensive overview of multifamily loan programs, current market rates, and essential requirements for successful financing in today's market
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What are Reciprocal Easement Agreements in CRE?
REAs In Commercial Real Estate Generally Apply to Retail, Office and Mixed-Use Projects

Nearby Commercial Markets

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

Commercial Markets Avg Cost/SF Average Size
Franklin $111 24,047 SF
Carlisle $554 27,076 SF
Springboro $134 8,998 SF
Monroe $77 417,854 SF
Middletown $157 49,956 SF

Regional Demographic Comparison

This comparison places Franklin 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 Franklin or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Franklin 12,030 5,010 40 $58,598 2 2,159 8%
Carlisle 6,177 2,410 44 $75,489 3 484 9%
Springboro 19,890 7,221 41 $111,685 3 1,005 7%
Middletown 54,359 22,621 39 $46,955 2 11,223 3%

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

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

Franklin 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 Franklin?

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

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

How does Franklin compare to nearby commercial real estate markets?

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

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