Clarence, NY
Commercial Real Estate Market Trends & Data

$142 Avg asking sale price
$6,145 Avg asking lease rate
48,970 SF Avg unit lease size
8,447 SF Avg building size for sale
7.75% Average cap rate

Clarence's Demographic Profile

Clarence has 1,177 households and a median income of $75,717, providing context for rent absorption and tenant demand across retail and multifamily assets. A 0% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 2,798
# Households 1,177
Median age 56
Median household income $75,717
Avg household size 2.0
Renter-occupied housing units 413
5-year population change 0%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Clarence, NY

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
East Amherst $132 10,514 SF 7.75%
Amherst $133 10,934 SF 8.57%
Getzville $192 14,166 SF 7.75%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Clarence $118 14,435 SF 7.75%
East Amherst $145 11,292 SF 8.04%
Amherst $121 21,414 SF 8.04%
Getzville $148 14,437 SF 8.04%
Nearby Retail Markets Avg Cost/SF Typical Size
Clarence $175 4,201 SF
East Amherst $135 10,015 SF
Newstead $84 2,200 SF
Akron $84 2,200 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Snyder $10 120,526 SF 7.34%
Buffalo $152 45,355 SF 8.21%
Lockport $139 9,573 SF 7.00%

Commercial Properties For Sale in Clarence

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

7158 Transit Rd

Buffalo, NY 14221

  • 5,518 SF Retail Building
  • $950,000
For Sale

5497 Genesee St

Lancaster, NY 14086

  • 67.87 AC Lot
  • 1 Commercial Lot
  • $590,000
For Sale

7195 Rapids Rd

Lockport, NY 14094

  • 2,200 SF Retail Building
  • $500,000
For Sale

9060 Main St

Clarence, NY 14031

  • 5,004 SF Retail Building
  • $699,000
For Sale

7066 Transit Rd

Buffalo, NY 14221

  • 0.88 AC Lot
  • 1 Commercial Lot
  • $849,900
For Sale

10 Acre Lot

Clarence, NY 14031

  • 25,000 SF Industrial Building
  • $2,700,000

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

Commercial Markets Avg Cost/SF Average Size
Clarence $142 8,447 SF
East Amherst $143 9,965 SF
Newstead $84 2,200 SF
Akron $84 2,200 SF

Regional Demographic Comparison

This comparison places Clarence 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 Clarence or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Clarence Center 2,644 968 45 $130,814 3 92 -1%
East Amherst 22,284 8,520 46 $120,472 3 1,465 1%
Akron 2,791 1,302 44 $50,633 2 478 -2%

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

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

Clarence 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 Clarence?

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

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

How does Clarence compare to nearby commercial real estate markets?

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

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