Piqua, OH
Commercial Real Estate Market Trends & Data

$67 Avg asking sale price
$4,309 Avg asking lease rate
28,714 SF Avg unit lease size
17,732 SF Avg building size for sale
8.00% Average cap rate

Piqua's Demographic Profile

Piqua has 8,938 households and a median income of $51,667, providing context for rent absorption and tenant demand across retail and multifamily assets. A +4% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 21,508
# Households 8,938
Median age 42
Median household income $51,667
Avg household size 2.0
Renter-occupied housing units 3,506
5-year population change +4%

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

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Piqua $71 10,595 SF
Sidney $11 27,676 SF
Troy $212 5,902 SF
Christiansburg $137 1,020 SF
Tipp City $148 19,200 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Urbana $170 5,384 SF 7.11%
Enon $98 11,736 SF 8.07%
Wright Patterson Afb $125 47,820 SF 7.01%
Fairborn $125 47,820 SF 7.01%
Trotwood $67 3,499 SF 13.08%

Commercial Properties For Sale in Piqua

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

9700 N. Looney Road

Piqua, OH 45356

  • 26,100 SF Industrial Building
  • $1,900,000
For Sale

9030 Looney Rd

Piqua, OH 45356

  • 10,595 SF Retail Building
  • 8.00% Cap Rate
  • $749,824
For Sale

Lockdown Storage Piqua South

Piqua, OH 45356

  • 6 AC Lot
  • 1 Industrial Lot
  • $1,500,000
For Sale

326 N Wayne St

Piqua, OH 45356

  • 10,030 SF Office Building
  • $395,000
For Sale

1752 W High St

Piqua, OH 45356

  • 5,898 SF Office Building
  • $495,000
For Sale

6665 N Spiker Rd

Piqua, OH 45356

  • 21,200 SF Industrial Building
  • $685,000

Average Price For Sale

↻ Updated Monthly

Average Price 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 Piqua pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Piqua $67 17,732 SF
Covington $74 3,836 SF
Sidney $59 89,051 SF
Troy $189 16,668 SF
Russia $30 15,210 SF

Regional Demographic Comparison

This comparison places Piqua 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 Piqua or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Piqua 21,508 8,938 42 $51,667 2 3,506 4%
Covington 2,691 1,082 42 $50,164 2 314 3%
Troy 28,037 11,941 42 $66,878 2 4,584 4%
Russia 716 244 36 $83,013 3 43 -3%

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

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

Piqua 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 Piqua?

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

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

How does Piqua compare to nearby commercial real estate markets?

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

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