Clearwater, FL
Commercial Real Estate Market Trends & Data

$366 per SF Avg asking sale price
$20 per SF Avg asking lease rate
6,381 SF Avg unit lease size
12,006 SF Avg building size for sale
6.57% Average cap rate

Clearwater's Demographic Profile

Clearwater has 54,829 households and a median income of $58,603, 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 122,579
# Households 54,829
Median age 47
Median household income $58,603
Avg household size 2.0
Renter-occupied housing units 23,533
5-year population change +2%

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Clearwater $274 13,432 SF 11.22%
Largo $233 22,619 SF 11.22%
Belleair $332 15,650 SF 6.36%
Pasadena $334 10,740 SF 11.22%
Safety Harbor $341 8,725 SF 5.83%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Clearwater $252 11,485 SF 7.39%
Largo $310 7,255 SF 7.02%
Pasadena $264 13,198 SF 7.39%
Dunedin $264 3,600 SF 4.45%
Pinellas Park $255 10,837 SF 7.39%
Nearby Retail Markets Avg Cost/SF Typical Size
Clearwater $498 9,321 SF
Largo $375 9,214 SF
Belleair $286 9,428 SF
Pasadena $536 8,203 SF
Safety Harbor $390 4,815 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Clearwater $355 9,997 SF 11.22%
Largo $228 13,625 SF 11.22%
Belleair $239 14,212 SF 6.50%
Pasadena $475 8,730 SF 11.22%

Commercial Properties For Sale in Clearwater

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

Lakeside Shopping Center

Palm Harbor, FL 34684

  • 800 SF Retail Building
  • $249,000
For Sale

4700 110th Ave N

Pinellas Park, FL 33782

  • 24,646 SF Industrial Building
  • $3,850,000
For Sale

9001 126th Ave

Largo, FL 33773

  • 1,652 SF Industrial Building
  • $2,500,000
For Sale

Workshop/Warehouse

Pinellas Park, FL 33762

  • 14,971 SF Industrial Building
  • 7.39% Cap Rate
  • $2,220,000
For Sale

Turnkey Medical Office Opportunity | West Bay

Largo, FL 33770

  • 2,516 SF Office Building
  • $850,000
For Sale

10355 Ulmerton Rd

Largo, FL 33771

  • 7,564 SF Retail Building
  • 6.00% Cap Rate
  • $3,300,000

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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Multifamily Financing Options & Rates
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A comprehensive overview of multifamily loan programs, current market rates, and essential requirements for successful financing in today's market
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Nearby Commercial Markets

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

Commercial Markets Avg Cost/SF Average Size
Clearwater $366 12,006 SF
Largo $304 13,002 SF
Belleair $300 10,929 SF
Pasadena $428 11,890 SF
Safety Harbor $336 7,190 SF

Multifamily Properties For Sale in Clearwater

For Sale

Oldsmar Galleria

Oldsmar, FL

  • $2,500,000

Regional Demographic Comparison

This comparison places Clearwater 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 Clearwater or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Clearwater 122,579 54,829 47 $58,603 2 23,533 2%
Largo 83,605 39,721 49 $53,445 2 15,843 1%
Belleair 4,534 2,145 62 $115,677 2 301 2%
Pasadena 958,968 443,437 49 $63,978 2 154,751 1%
Safety Harbor 15,621 6,798 52 $96,118 2 1,276 -2%

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

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

Clearwater 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 Clearwater?

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

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

How does Clearwater compare to nearby commercial real estate markets?

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

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

Nearby Market Trends