Niles, OH
Commercial Real Estate Market Trends & Data

$80 Avg asking sale price
$8 Avg asking lease rate
75,473 SF Avg unit lease size
14,058 SF Avg building size for sale

Niles's Demographic Profile

Niles has 8,605 households and a median income of $48,655, 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 18,652
# Households 8,605
Median age 43
Median household income $48,655
Avg household size 2.0
Renter-occupied housing units 3,554
5-year population change -1%

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

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Nearby Retail Markets Avg Cost/SF Typical Size
Niles $66 12,303 SF
Mineral Ridge $327 1,680 SF
Girard $141 9,749 SF
Warren $74 31,997 SF
Austintown $164 9,951 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Youngstown $98 16,008 SF 10.25%
Boardman $110 16,514 SF 10.25%
Windham $19 5,252 SF 20.00%

Commercial Properties For Sale in Niles

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

3.06 Acres of Land w/ Existing Motel!

Niles, OH 44446

  • 6,130 SF Hospitality
  • $599,000
For Sale

Days Inn by Wyndham Niles

Niles, OH 44446

  • 34,315 SF Hospitality
  • $2,000,000
For Sale

15,200 SF Industrial Facility on 10.8 Acres |

Niles, OH 44446

  • 9,600 SF Industrial Building
  • $1,200,000
For Sale

995 Youngstown Warren Rd

Niles, OH 44446

  • 28,500 SF Specialty
  • $2,200,000
For Sale

Yamatos

Warren, OH 44484

  • 11,606 SF Retail Building
  • $733,000
For Sale

Reduced Price!

Niles, OH 44446

  • 1,500 SF Specialty
  • $98,900

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

Single Tenant Triple Net Lease Investing
Single Tenant Triple Net Lease Investing
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How to Buy a Hotel
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Modified Gross Lease Explained for CRE Investors
Modified Gross Lease Explained for CRE Investors
How expense stops, base year terms, and cost allocation decisions affect CRE NOI and property value at exit.
Duplex vs. Triplex vs. Fourplex Comparison for Real Estate Investors
Duplex vs. Triplex vs. Fourplex Comparison for Real Estate Investors
Compare financing options, management requirements, and risk factors across 2-4 unit properties to choose the right investment for your goals
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
What are Reciprocal Easement Agreements in CRE?
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 Niles pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Niles $80 14,058 SF
Mineral Ridge $252 7,390 SF
Girard $221 15,101 SF
Howland $155 4,707 SF
Warren $103 82,410 SF

Regional Demographic Comparison

This comparison places Niles 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 Niles or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Niles 18,652 8,605 43 $48,655 2 3,554 -1%
Mineral Ridge 3,484 1,366 49 $61,473 2 261 -2%
Girard 9,657 4,294 42 $47,405 2 1,632 -1%
Warren 43,478 18,260 40 $33,613 2 8,405 2%

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

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

Niles 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 Niles?

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

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

How does Niles compare to nearby commercial real estate markets?

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

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