Cave Creek, AZ
Commercial Real Estate Market Trends & Data

Cave Creek's Demographic Profile

Cave Creek has 2,206 households and a median income of $96,825, providing context for rent absorption and tenant demand across retail and multifamily assets. A +5% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 4,837
# Households 2,206
Median age 60
Median household income $96,825
Avg household size 2.0
Renter-occupied housing units 320
5-year population change +5%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Cave Creek, AZ

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Anthem $232 36,788 SF 7.49%
New River $232 36,788 SF 7.49%
Scottsdale $542 7,578 SF 7.20%
Nearby Retail Markets Avg Cost/SF Typical Size
Cave Creek $296 11,051 SF
Carefree $259 12,309 SF
Anthem $379 10,032 SF
New River $379 10,032 SF
Scottsdale $754 20,314 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Scottsdale $445 22,375 SF 6.62%
Phoenix $307 25,543 SF 8.22%

Commercial Properties For Sale in Cave Creek

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

Toy Barn Luxury Garage Ownership

Cave Creek, AZ 85331

  • 65,000 SF Specialty
  • $295,000
For Sale

29858 N Tatum Blvd

Cave Creek, AZ 85331

  • 8,535 SF Retail Building
  • $2,850,000
For Sale

El Palenque

Cave Creek, AZ 85331

  • 13,762 SF Retail Building
  • 5.00% Cap Rate
  • $4,995,000
For Sale

34643 N 53rd St

Cave Creek, AZ 85331

  • 2.50 AC Lot
  • 1 Commercial Lot
  • $1,700,000
For Sale

1935 E Joy Ranch Rd

Phoenix, AZ 85086

  • 9,309 SF Specialty
  • $1,299,000
For Sale

38246 N Hazelwood Cir

Cave Creek, AZ 85331

  • 2,998 SF Office Building
  • $975,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Nearby Commercial Markets

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

Commercial Markets Avg Cost/SF Average Size
Cave Creek $318 6,156 SF
Carefree $316 6,084 SF
Anthem $358 25,013 SF
New River $333 22,872 SF

Regional Demographic Comparison

This comparison places Cave Creek 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 Cave Creek or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Cave Creek 4,837 2,206 60 $96,825 2 320 5%
Carefree 4,090 1,972 66 $146,311 2 227 10%
Anthem 23,943 8,693 47 $115,319 3 1,684 7%
New River 14,527 5,337 49 $114,146 3 423 2%
Rio Verde 2,992 1,627 75 $134,032 2 44 13%

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

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

Cave Creek 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 Cave Creek?

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

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

How does Cave Creek compare to nearby commercial real estate markets?

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

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