Middlefield, Ohio Commercial Real Estate 0 Listings

Middlefield, Ohio: A Premier Destination for Commercial Real Estate

Introduction

Middlefield, Ohio, is a burgeoning hub for commercial real estate (CRE), offering a unique blend of small-town charm and strategic economic positioning. With a population just under 3,000, Middlefield is known for its robust manufacturing base and thriving agricultural industry. The city’s strategic location within Geauga County and its proximity to major markets make it an attractive destination for CRE investment, particularly in industrial and retail sectors.

Economic and Industry Overview

Middlefield's economy is bolstered by its prominent manufacturing and agricultural industries, driving demand for diverse commercial property types. The manufacturing sector, including metal fabrication and machinery, is a significant contributor to the local economy, necessitating a robust inventory of industrial spaces. Additionally, the region's agricultural roots support a growing market for retail spaces catering to agribusiness.

The Geauga Growth Partnership is a key regional economic development agency that fosters economic growth and business development in Middlefield. Their initiatives aim to attract new businesses and support existing ones, thereby increasing demand for various commercial real estate types.

Strategic Location and Transportation Infrastructure

Middlefield is strategically located near major highways such as Route 87 and Route 528, providing easy access to larger markets in Cleveland and Akron. While the city lacks major ports or airports within its boundaries, the proximity to Cleveland Hopkins International Airport and the Port of Cleveland offers logistical advantages for distribution and supply chain activities.

For more information on transportation infrastructure, visit the Ohio Department of Transportation.

Commercial Real Estate Inventory & Zoning

Middlefield's commercial real estate landscape is characterized by its industrial corridors and retail hubs. Key asset classes include industrial, retail, and flex spaces, with a growing interest in office and medical facilities. Recent zoning changes have been aimed at encouraging development in these sectors, with incentives available for developers looking to invest in Middlefield.

For detailed zoning maps and parcel viewers, refer to the Village of Middlefield Zoning website.

Major Employers and Institutions

Middlefield is home to several major employers that influence CRE demand, including:

KraftMaid Cabinetry
Gold Key Processing
Middlefield Banking Company

These organizations, along with local educational institutions, contribute to the demand for office and industrial spaces. For a comprehensive list of businesses, visit the Middlefield Chamber of Commerce.

Notable Commercial Developments & Projects

The city has seen significant developments, such as mixed-use projects and innovation parks, supported by public-private partnerships. Middlefield also benefits from designated Opportunity Zones, which offer tax incentives for investors.

For more information on current projects, visit the Middlefield Planning Department.

Building Permits, Planning, and Development Tools

To facilitate development, Middlefield provides various resources:

Market Data & Economic Reports

Access public data sets and economic reports via census.gov or the city's open data portal. Brevitas utilizes AI-powered aggregation from public data and internal insights to provide comprehensive market analysis. Explore Brevitas-powered dashboards for Middlefield here.