Lancaster, TX
Commercial Real Estate Market Trends & Data

$386 Avg asking sale price
$2,025 Avg asking lease rate
130,097 SF Avg unit lease size
87,001 SF Avg building size for sale
6.70% Average cap rate

Lancaster's Demographic Profile

Lancaster has 12,904 households and a median income of $60,508, 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 39,224
# Households 12,904
Median age 35
Median household income $60,508
Avg household size 3.0
Renter-occupied housing units 4,782
5-year population change -2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Lancaster, TX

↻ Updated Monthly

{{marketTabDescriptions[activeMarketTab]}}

Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Lancaster $304 12,786 SF 9.00%
DeSoto $204 16,393 SF 5.42%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Lancaster $148 116,510 SF 9.00%
DeSoto $118 79,292 SF 7.73%
Nearby Retail Markets Avg Cost/SF Typical Size
Lancaster $455 8,370 SF
Wilmer $1,027 5,200 SF
Red Oak $462 3,017 SF
DeSoto $240 37,237 SF
Glenn Heights $394 15,183 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Balch Springs $540 4,535 SF 6.73%
Dallas $419 31,732 SF 7.03%
Mesquite $540 59,749 SF 6.73%
Midlothian $190 4,098 SF 5.58%

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

966 E Ovilla Rd

Red Oak, TX 75154

  • 3,000 SF Retail Building
  • $710,000
For Sale

Fenced improved trailer/ container parking

Wilmer, TX 75172

  • 7.50 AC Lot
  • 1 Commercial Lot
  • $3,000,000
For Sale

429 N State Highway 342

Red Oak, TX 75154

  • 500 SF Office Building
  • $425,000
For Sale

Vacant Land

DeSoto, TX 75115

  • 2.93 AC Lot
  • 1 Commercial Lot
  • $1,200,000
For Sale

MULTI-TENANT RETAIL CENTER FOR SALE

Dallas, TX 75241

  • 17,010 SF Retail Building
  • 6.93% Cap Rate
  • $3,500,000
For Sale

Hard Corner 7.27 Acres; SH342 and E. Ovilla

Red Oak, TX 75154

  • 7.27 AC Lot
  • 1 Commercial Lot
  • $1,750,000

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

Exit Cap Rates in Commercial Real Estate
Exit Cap Rates in Commercial Real Estate
Understanding Exit Cap Rates and Terminal Cap Rates for Better Investment Returns
Types of Retail Properties
Types of Retail Properties
Understanding Retail Property Categories and Their Investment Potential
Debt Service Coverage Ratio (DSCR) Calculator
Debt Service Coverage Ratio (DSCR) Calculator
Assess Your Investment's Health in Seconds
Qualified Improvement Property: Tax Rules for CRE Investors
Qualified Improvement Property: Tax Rules for CRE Investors
Understand how QIP's 15-year recovery period and bonus depreciation eligibility can accelerate cost recovery on commercial property improvements.
Sales Comparison Approach
Sales Comparison Approach
Learn how to use market data to make confident property investment decisions
Modular Drive-Thrus: Costs and Configurations
Modular Drive-Thrus: Costs and Configurations
Save on Time, Construction and Labor Costs
Property Title Search
Property Title Search
Learn how to verify ownership, spot red flags, and protect your deal with a thorough property title search.
The 'Pet Clause' for Office Leases
The 'Pet Clause' for Office Leases
Lease Language for Landlords and Tenants

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 $386 87,001 SF
Hutchins $299 54,634 SF
Wilmer $675 107,288 SF
Red Oak $683 6,465 SF
DeSoto $204 58,185 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 39,224 12,904 35 $60,508 3 4,782 -2%
Hutchins 8,454 1,950 34 $39,596 3 765 2%
Wilmer 6,630 2,007 32 $50,203 3 793 5%
Red Oak 18,737 6,333 37 $95,627 3 1,811 25%
DeSoto 54,564 19,567 41 $79,610 3 6,666 -2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Lancaster, TX 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 Cities
Commercial Market Reports