For Sale
Lancaster, CA
Commercial Real Estate Market Trends & Data
$589 per SF
Avg asking sale price
$21 per SF
Avg asking lease rate
51,979 SF
Avg unit lease size
31,432 SF
Avg building size for sale
6.56%
Average cap rate
Lancaster's Demographic Profile
Lancaster has 78,452 households and a median income of $71,111, 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 | 248,425 |
| # Households | 78,452 |
| Median age | 36 |
| Median household income | $71,111 |
| Avg household size | 3.0 |
| Renter-occupied housing units | 28,418 |
| 5-year population change | -2% |
{{marketTabHeadings[activeMarketTab]}}
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Lancaster | $312 | 10,556 SF | 7.34% |
| Neenach | $222 | 11,288 SF | 6.87% |
| Santa Clarita | $351 | 41,061 SF | 8.93% |
| Palmdale | $256 | 20,963 SF | 6.87% |
| Roosevelt Corner | $250 | 17,426 SF | 7.34% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Lancaster | $310 | 65,832 SF | 7.22% |
| Santa Clarita | $246 | 45,793 SF | 7.40% |
| Palmdale | $190 | 144,762 SF | 7.22% |
| Roosevelt Corner | $342 | 11,744 SF | 7.22% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Lancaster | $327 | 11,097 SF |
| Agua Dulce | $1,600 | 500 SF |
| Neenach | $172 | 14,631 SF |
| Santa Clarita | $680 | 24,798 SF |
| Palmdale | $370 | 18,710 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Santa Clarita | $262 | 159,169 SF | 5.53% |
| Palmdale | $255 | 6,866 SF | 9.20% |
| Castaic | $304 | 220,216 SF | 5.64% |
Commercial Properties For Sale in Lancaster
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale
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 Lancaster pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Lancaster | $589 | 31,432 SF |
| Quartz Hill | $294 | 3,917 SF |
| Leona Valley | $1,058 | 3,308 SF |
| Agua Dulce | $896 | 10,948 SF |
Regional Demographic Comparison
This comparison places Lancaster 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 Lancaster or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Lancaster | 248,425 | 78,452 | 36 | $71,111 | 3 | 28,418 | -2% |
| Quartz Hill | 11,129 | 3,766 | 38 | $93,809 | 3 | 1,128 | -3% |
| Leona Valley | 1,383 | 550 | 52 | $107,022 | 3 | 83 | -5% |
| Elizabeth Lake | 1,503 | 626 | 44 | $90,972 | 2 | 93 | -5% |
| Agua Dulce | 3,248 | 1,154 | 50 | $109,351 | 3 | 156 | -4% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Lancaster, CA 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 Lancaster
View All Commercial Real Estate For Sale in Lancaster
Is Lancaster a good market for a first-time commercial real estate investor?
Lancaster 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 Lancaster?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Lancaster. 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 Lancaster?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Lancaster. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does Lancaster compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Lancaster. 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 Lancaster acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Lancaster, 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
- Glendale Market Trends
- Burbank Market Trends
- Pasadena Market Trends
- Sun Valley Market Trends
- Sylmar Market Trends
- Santa Clarita Market Trends
- Palmdale Market Trends
- Shadow Hills Market Trends
- Roosevelt Corner Market Trends
- Pacoima Market Trends
- Valencia Market Trends
- Neenach Market Trends
- Northridge Market Trends
- Chatsworth Market Trends
- North Hills Market Trends
- Panorama City Market Trends
- Sepulveda Market Trends
- Granada Hills Market Trends
- San Fernando Market Trends
- Tujunga Market Trends
- Newhall Market Trends
- Tehachapi Market Trends
- Canyon Country Market Trends
- Saugus Market Trends
- Altadena Market Trends
- View more
- View less
