Lancaster, TX
Commercial Real Estate Market Trends & Data

$304 per SF Avg asking sale price
$21 per SF Avg asking lease rate
116,552 SF Avg unit lease size
92,753 SF Avg building size for sale
7.13% 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%

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↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Lancaster $198 12,911 SF 9.00%
DeSoto $218 13,573 SF 7.21%
Duncanville $237 8,077 SF 7.21%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Lancaster $159 124,631 SF 9.00%
DeSoto $121 84,193 SF 7.73%
Nearby Retail Markets Avg Cost/SF Typical Size
Lancaster $403 5,204 SF
Red Oak $548 2,350 SF
DeSoto $238 38,550 SF
Glenn Heights $534 12,775 SF
Ovilla $415 10,097 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Balch Springs $349 7,016 SF 6.73%
Grand Prairie $150 9,768 SF 7.97%
Dallas $210 19,715 SF 7.03%
Mesquite $349 7,016 SF 6.73%
Midlothian $189 4,098 SF 5.98%

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

1222 Jackson St

Red Oak, TX 75154

  • 1.10 AC Lot
  • 1 Residential Income Lot
  • $778,884
For Sale

Religious Property for Sale in Dallas, TX

Dallas, TX 75241

  • 6,921 SF Specialty
  • $1,150,000
For Sale

2625 N Dallas Avenue

Lancaster, TX 75134

  • 4.72 AC Lot
  • 1 Commercial Lot
  • $1,005,643
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
  • $2,500,000
For Sale

429 N State Highway 342

Red Oak, TX 75154

  • 1,000 SF Office Building
  • $425,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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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 $304 92,753 SF
Hutchins $358 72,604 SF
Wilmer $499 132,810 SF
Red Oak $479 3,831 SF
DeSoto $211 58,308 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 Market Trends