Lake Mary, FL
Commercial Real Estate Market Trends & Data

$388 per SF Avg asking sale price
$26 per SF Avg asking lease rate
22,369 SF Avg unit lease size
8,388 SF Avg building size for sale
6.41% Average cap rate

Lake Mary's Demographic Profile

Lake Mary has 7,099 households and a median income of $97,261, providing context for rent absorption and tenant demand across retail and multifamily assets. A +4% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 18,092
# Households 7,099
Median age 45
Median household income $97,261
Avg household size 2.0
Renter-occupied housing units 2,340
5-year population change +4%

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Lake Mary $376 6,774 SF 7.01%
Longwood $279 5,258 SF 5.15%
Sanford $286 9,764 SF 7.01%
Wekiva Springs $393 38,746 SF 5.15%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Longwood $219 19,381 SF 6.45%
Altamonte Springs $201 33,598 SF 4.59%
Winter Springs $226 12,241 SF 6.45%
Nearby Retail Markets Avg Cost/SF Typical Size
Lake Mary $428 8,965 SF
Heathrow $458 10,700 SF
Longwood $491 4,848 SF
Sanford $533 8,280 SF
Wekiva Springs $897 4,005 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Maitland $222 15,777 SF 9.91%
Winter Park $312 9,633 SF 9.91%

Commercial Properties For Sale in Lake Mary

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

Brand New Office/Medical | Orlando Area

Longwood, FL 32750

  • 6,839 SF Office Building
  • Auction Sale
For Sale

Rinehart Towers

Sanford, FL 32771

  • 1.34 AC Lot
  • 1 Commercial Lot
  • $1,845,000
For Sale

880 N US Highway 17 92

Longwood, FL 32750

  • 1.26 AC Lot
  • 1 Commercial Lot
  • $2,225,000
For Sale

2nd Mile Education (Elevation High School)

Sanford, FL 32773

  • 12,380 SF Specialty
  • 7.00% Cap Rate
  • $2,529,000
For Sale

1150 N Ronald Reagan Blvd

Longwood, FL 32750

  • 2,480 SF Office Building
  • $725,000
For Sale

2100 Ronald Reagan Blvd

Longwood, FL 32750

  • 39,500 SF Flex Building
  • $988,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

Where Multifamily Asking Prices Are Rising and Falling in 2026
Where Multifamily Asking Prices Are Rising and Falling in 2026
LoopNet listing data from November 2025 through March 2026 reveals a supply-driven split in multifamily asking prices across U.S. markets, and what it means for investors deciding where to buy.
Online Auctions vs. Traditional Sales
Online Auctions vs. Traditional Sales
Learn how you can strategically use the two transaction methods to achieve stronger outcomes, whether that's a faster deal, maximized sales price, or a low risk of fallouts.
What Are Leasehold Improvements?
What Are Leasehold Improvements?
A complete guide to leasehold improvements, including what qualifies, who owns them, how they affect taxes, and how to maximize their value.
Straight-Line Depreciation in Commercial Real Estate
Straight-Line Depreciation in Commercial Real Estate
Understand how straight-line depreciation works, when to use it, and how it affects your after-tax returns across every stage of ownership.
Small vs. Large Multifamily Real Estate Investing
Small vs. Large Multifamily Real Estate Investing
Compare financing, cash flow, risk, and exit options so you can choose the right property size for your goals.
Spec Suites: A Powerful Tool in the Battle To Fill Office Space
Spec Suites: A Powerful Tool in the Battle To Fill Office Space
New Space, Quick Occupancy, No Construction
Force Majeure Clause
Force Majeure Clause
Understand how force majeure clauses work in commercial real estate leases, including what they cover, when they apply, and how to draft them to manage risk.

Nearby Commercial Markets

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

Commercial Markets Avg Cost/SF Average Size
Lake Mary $388 8,388 SF
Heathrow $373 5,826 SF
Longwood $415 9,180 SF
Sanford $425 12,385 SF
Wekiva Springs $744 28,033 SF

Regional Demographic Comparison

This comparison places Lake Mary 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 Lake Mary or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Lake Mary 18,092 7,099 45 $97,261 2 2,340 4%
Heathrow 6,620 2,718 45 $110,885 2 976 3%
Longwood 17,669 6,670 43 $68,568 3 2,126 5%
Sanford 66,488 25,326 38 $55,398 3 13,073 5%
Wekiva Springs 24,653 9,776 46 $98,061 3 2,281 4%

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

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

Lake Mary 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 Lake Mary?

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

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

How does Lake Mary compare to nearby commercial real estate markets?

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

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