For Sale
Key West Nas, FL
Commercial Real Estate Market Trends & Data
$810
Avg asking sale price
$123
Avg asking lease rate
2,247 SF
Avg unit lease size
3,773 SF
Avg building size for sale
8.11%
Average cap rate
Key West Nas's Demographic Profile
Key West Nas has 9,282 households and a median income of $73,732, providing context for rent absorption and tenant demand across retail and multifamily assets. A -6% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 21,249 |
| # Households | 9,282 |
| Median age | 45 |
| Median household income | $73,732 |
| Avg household size | 2.0 |
| Renter-occupied housing units | 5,270 |
| 5-year population change | -6% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Key West Nas, FL
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Key West Nas | $588 | 1,949 SF | 9.96% |
| Sugarloaf Key | $1,080 | 2,520 SF | 7.00% |
| Cudjoe Key | $774 | 2,520 SF | 7.00% |
| Key West | $588 | 1,949 SF | 9.96% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Marathon | $43,000 | 300 SF | 1.24% |
| Marathon Shores | $60,396 | 300 SF | 1.24% |
| Homestead | $287 | 18,062 SF | 7.00% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Key West Nas | $886 | 3,659 SF |
| Sugarloaf Key | $774 | 2,520 SF |
| Cudjoe Key | $955 | 1,668 SF |
| Ramrod Key | $1,013 | 1,234 SF |
| Key West | $886 | 3,659 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Islamorada | $904 | 7,625 SF | 7.00% |
| Tavernier | $640 | 10,150 SF | 7.00% |
Commercial Properties For Sale in Key West Nas
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether Key West Nas pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Key West Nas | $810 | 3,773 SF |
| Stock Island | $788 | 3,080 SF |
| Sugarloaf Key | $1,080 | 2,520 SF |
| Cudjoe Key | $955 | 1,668 SF |
| Summerland Key | $3,253 | 7,720 SF |
Regional Demographic Comparison
This comparison places Key West Nas 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 Key West Nas or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Key West Nas | 21,249 | 9,282 | 45 | $73,732 | 2 | 5,270 | -6% |
| Stock Island | 6,220 | 2,216 | 42 | $69,682 | 3 | 1,019 | -5% |
| Cudjoe Key | 2,644 | 1,214 | 57 | $83,846 | 2 | 217 | 6% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Key West Nas, 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 Key West Nas
View All Commercial Real Estate For Sale in Key West Nas
Is Key West Nas a good market for a first-time commercial real estate investor?
Key West Nas 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 Key West Nas?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Key West Nas. 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 Key West Nas?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Key West Nas. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does Key West Nas compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Key West Nas. 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 Key West Nas acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Key West Nas, 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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