Lakeland, FL
Commercial Real Estate Market Trends & Data

$238 Avg asking sale price
$20 Avg asking lease rate
45,788 SF Avg unit lease size
37,992 SF Avg building size for sale
6.66% Average cap rate

Lakeland's Demographic Profile

Lakeland has 49,495 households and a median income of $54,511, providing context for rent absorption and tenant demand across retail and multifamily assets. A +17% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 121,426
# Households 49,495
Median age 39
Median household income $54,511
Avg household size 2.0
Renter-occupied housing units 22,056
5-year population change +17%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Lakeland, FL

↻ Updated Monthly

{{marketTabDescriptions[activeMarketTab]}}

Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Lakeland $257 6,292 SF 6.88%
Highland City $390 6,785 SF 4.00%
Plant City $187 22,397 SF 8.00%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Lakeland $168 59,408 SF 9.06%
Plant City $154 95,044 SF 7.72%
Nearby Retail Markets Avg Cost/SF Typical Size
Lakeland $247 20,074 SF
Auburndale $205 5,513 SF
Highland City $252 2,770 SF
Plant City $277 8,043 SF
Zephyrhills $1,293 2,538 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Plant City $198 3,477 SF 10.17%
Winter Haven $319 6,864 SF 12.62%

Commercial Properties For Sale in Lakeland

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

17 Commercial Assets

  • Price Upon Request
For Sale

2910-2930 Maine Ave, Lakeland, FL

Lakeland, FL 33801

  • 51,739 SF Industrial Building
  • Price Upon Request
For Sale

S. Lakeland Prof. Office Near Polk Pkwy

Lakeland, FL 33803

  • 1,760 SF Office Building
  • $405,000
For Sale

Multifamily Opportunity- 10 Homes 2 Locations

Lakeland, FL 33809

  • 6,659 SF Multifamily
  • $780,000
For Sale

3865 County Road 542

Lakeland, FL 33801

  • 5,760 SF Industrial Building
  • $2,000,000
For Sale

Commercial Parcel - 2190 Hwy 92 E

Lakeland, FL 33801

  • 1.36 AC Lot
  • 1 Commercial Lot
  • $1,200,000

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

Commercial Property Valuation: Methods and Calculator
Commercial Property Valuation: Methods and Calculator
Use our instant calculator to estimate your property's value, then explore the three core valuation methods, quick-estimate tools, and common mistakes to avoid.
What Is a Cap Rate?
What Is a Cap Rate?
How To Calculate This Critical CRE Investment Metric and Why It Matters
The Best Cities for Office Investing in 2026
The Best Cities for Office Investing in 2026
A data-driven ranking of 50 U.S. markets scored on yield, inventory, office employment trends, and building quality.
Most Profitable Cities for Multifamily Investments in 2026
Most Profitable Cities for Multifamily Investments in 2026
Data-driven rankings of U.S. cities based on cap rates, pricing, inventory, and renter demand.
How to Buy a Car Wash
How to Buy a Car Wash
Unlock the potential of car wash investments with expert insights on types, costs, and strategies
How to Buy a Church Building
How to Buy a Church Building
Learn the essential steps for evaluating, purchasing, and converting religious facilities into profitable investments
Cash on Cash Return
Cash on Cash Return
Learn How Cash on Cash Return Can Optimize Your Real Estate Investments
Understanding Existing Office Space Conditions
Understanding Existing Office Space Conditions
The Differences Between Shell Space, Full and Partial Build-Outs and Spec Suites

Nearby Commercial Markets

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

Commercial Markets Avg Cost/SF Average Size
Lakeland $238 37,992 SF
Kathleen $123 8,847 SF
Auburndale $196 15,046 SF
Highland City $344 5,447 SF

Regional Demographic Comparison

This comparison places Lakeland 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 Lakeland or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Lakeland 121,426 49,495 39 $54,511 2 22,056 17%
Kathleen 6,945 2,377 39 $56,235 3 515 17%
Auburndale 20,326 7,412 40 $70,226 3 1,967 20%
Crystal Springs 1,381 539 43 $52,121 2 112 25%
Highland City 13,372 4,801 39 $88,884 3 1,173 16%

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

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

Lakeland 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 Lakeland?

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

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

How does Lakeland compare to nearby commercial real estate markets?

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

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