Litchfield Park, AZ
Commercial Real Estate Market Trends & Data

$226 Avg asking sale price
$52 Avg asking lease rate
56,023 SF Avg unit lease size
53,509 SF Avg building size for sale
6.25% Average cap rate

Litchfield Park's Demographic Profile

Litchfield Park has 2,824 households and a median income of $108,806, providing context for rent absorption and tenant demand across retail and multifamily assets. A +9% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 7,625
# Households 2,824
Median age 45
Median household income $108,806
Avg household size 3.0
Renter-occupied housing units 372
5-year population change +9%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Litchfield Park, AZ

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
El Mirage $328 27,783 SF 7.50%
Glendale $396 16,796 SF 7.75%
Nearby Retail Markets Avg Cost/SF Typical Size
Litchfield Park $433 7,161 SF
Waddell $463 5,147 SF
El Mirage $268 15,812 SF
Youngtown $224 3,666 SF
Glendale $628 20,444 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Glendale $350 41,690 SF 6.17%
Avondale $158 56,842 SF 7.26%
Phoenix $307 24,549 SF 10.91%
Peoria $500 10,015 SF 6.17%
Goodyear $113 56,842 SF 7.26%

Commercial Properties For Sale in Litchfield Park

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

Executive Suites Goodyear

Goodyear, AZ 85395

  • 3,850 SF Office Building
  • $1,015 - $1,250
For Sale

Suites 203-204

Litchfield Park, AZ 85340

  • 29,000 SF Retail Building
  • $895,000
For Sale

MBI Industrial Medicine

Goodyear, AZ 85395

  • 6,060 SF Retail Building
  • 6.25% Cap Rate
  • $2,675,000
For Sale

6030 N Litchfield Rd

Litchfield Park, AZ 85340

  • 2.39 AC Lot
  • 1 Commercial Lot
  • $1,150,000
For Sale

C2 Zoned Property Along Northern Ave

Litchfield Park, AZ 85340

  • 4,700 SF Retail Building
  • $1,999,000
For Sale

4.3 or 8.6 Acres for BTS, Glendale, AZ

Litchfield Park, AZ 85340

  • 8.60 AC Lot
  • 1 Industrial Lot
  • Price Upon Request

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 Litchfield Park pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Litchfield Park $226 53,509 SF
Waddell $372 209,994 SF
El Mirage $288 105,931 SF
Youngtown $235 7,052 SF
Glendale $435 38,622 SF

Regional Demographic Comparison

This comparison places Litchfield 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 Litchfield Park or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Litchfield Park 7,625 2,824 45 $108,806 3 372 9%
Waddell 16,222 4,893 38 $100,225 3 400 12%
El Mirage 34,874 9,938 31 $69,610 3 3,263 6%
Youngtown 7,240 2,709 38 $45,885 3 1,295 7%
Glendale 257,237 89,166 35 $64,916 3 40,273 7%

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

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

Litchfield 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 Litchfield Park?

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

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

How does Litchfield Park compare to nearby commercial real estate markets?

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

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