For Sale
Lake Park, FL
Commercial Real Estate Market Trends & Data
$406
Avg asking sale price
$28
Avg asking lease rate
4,590 SF
Avg unit lease size
8,184 SF
Avg building size for sale
Lake Park's Demographic Profile
Lake Park has 3,038 households and a median income of $61,526, 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 | 8,150 |
| # Households | 3,038 |
| Median age | 38 |
| Median household income | $61,526 |
| Avg household size | 3.0 |
| Renter-occupied housing units | 1,681 |
| 5-year population change | 0% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Lake Park, FL
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Singer Island | $313 | 26,388 SF | 6.54% |
| Riviera Beach | $315 | 29,431 SF | 6.54% |
| North Palm Beach | $492 | 8,189 SF | 7.62% |
| Juno Beach | $583 | 5,991 SF | 7.62% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Lake Park | $270 | 7,999 SF |
| Singer Island | $376 | 14,951 SF |
| Riviera Beach | $376 | 14,951 SF |
| North Palm Beach | $399 | 8,653 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Singer Island | $469 | 5,920 SF | 8.07% |
| Riviera Beach | $469 | 5,920 SF | 8.07% |
| North Palm Beach | $313 | 4,470 SF | 5.62% |
| West Palm Beach | $602 | 9,454 SF | 8.26% |
| Palm Beach Gardens | $313 | 4,470 SF | 5.62% |
Commercial Properties For Sale in Lake Park
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale
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 Lake Park pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Lake Park | $406 | 8,184 SF |
| Singer Island | $551 | 17,813 SF |
| Riviera Beach | $543 | 18,225 SF |
| Mangonia Park | $751 | 7,799 SF |
Regional Demographic Comparison
This comparison places Lake Park 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 Park or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Singer Island | 44,462 | 18,046 | 45 | $59,157 | 2 | 7,723 | 10% |
| Riviera Beach | 50,669 | 19,431 | 42 | $59,384 | 3 | 8,512 | 10% |
| Palm Beach Shores | 1,728 | 1,005 | 60 | $73,343 | 2 | 456 | 10% |
| Mangonia Park | 2,408 | 747 | 31 | $41,423 | 3 | 596 | 15% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Lake Park, 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 Park
View All Commercial Real Estate For Sale in Lake Park
Is Lake Park a good market for a first-time commercial real estate investor?
Lake Park 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 Park?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Lake Park. 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 Park?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Lake Park. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does Lake Park compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Lake Park. 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 Park acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Lake Park, 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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