Warren, OH
Commercial Real Estate Market Trends & Data

$103 Avg asking sale price
$1,246 Avg asking lease rate
30,253 SF Avg unit lease size
82,410 SF Avg building size for sale
9.63% Average cap rate

Warren's Demographic Profile

Warren has 18,260 households and a median income of $33,613, 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 43,478
# Households 18,260
Median age 40
Median household income $33,613
Avg household size 2.0
Renter-occupied housing units 8,405
5-year population change +2%

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

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Warren $74 31,997 SF
Leavittsburg $99 2,687 SF
Niles $66 12,303 SF
Mesopotamia $132 27,128 SF
Mineral Ridge $327 1,680 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Windham $19 5,252 SF 20.00%
Youngstown $98 16,008 SF 10.25%
Boardman $110 16,514 SF 10.25%

Commercial Properties For Sale in Warren

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

175 B Laird Ave

Warren, OH 44483

  • 29,352 SF Specialty
  • $850,000
For Sale

1444-1448 Parkman Rd

Warren, OH 44485

  • 2,691 SF Retail Building
  • $120,000
For Sale

West Warren Industrial Park - Property I

Warren, OH 44485

  • 98,280 SF Industrial Building
  • $12,000,000
For Sale

3.06 Acres of Land w/ Existing Motel!

Niles, OH 44446

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

Walgreens

Warren, OH 44483

  • 11,458 SF Retail Building
  • 7.40% Cap Rate
  • $2,938,000
For Sale

Hot Dog Shoppe

Warren, OH 44481

  • 3,759 SF Retail Building
  • 7.00% Cap Rate
  • $4,071,429

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

Commercial Markets Avg Cost/SF Average Size
Warren $103 82,410 SF
Howland $155 4,707 SF
Leavittsburg $99 2,687 SF
Lordstown $131 53,063 SF
Niles $80 14,058 SF

Regional Demographic Comparison

This comparison places Warren 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 Warren or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Warren 43,478 18,260 40 $33,613 2 8,405 2%
Lordstown 3,118 1,338 49 $66,370 2 199 -3%
Niles 18,652 8,605 43 $48,655 2 3,554 -1%

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

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

Warren 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 Warren?

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

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

How does Warren compare to nearby commercial real estate markets?

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

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