Lutz, FL
Commercial Real Estate Market Trends & Data

$630 per SF Avg asking sale price
$28 per SF Avg asking lease rate
15,467 SF Avg unit lease size
5,689 SF Avg building size for sale
6.55% Average cap rate

Lutz's Demographic Profile

Lutz has 9,540 households and a median income of $107,805, 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 26,334
# Households 9,540
Median age 43
Median household income $107,805
Avg household size 3.0
Renter-occupied housing units 1,800
5-year population change +9%

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↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Carrollwood $430 16,276 SF 7.98%
Odessa $821 7,413 SF 6.05%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Carrollwood $647 8,442 SF 6.89%
Odessa $216 13,984 SF 6.39%
Nearby Retail Markets Avg Cost/SF Typical Size
Lutz $602 6,658 SF
Land O' Lakes $559 7,944 SF
Northdale $1,720 5,335 SF
Carrollwood $709 6,757 SF
Odessa $747 7,693 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Tampa $323 40,407 SF 12.00%
New Port Richey $140 37,493 SF 8.07%

Commercial Properties For Sale in Lutz

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

STATE ROAD 54 RETAIL DEVELOPMENT SITE

Lutz, FL 33558

  • 2.50 AC Lot
  • 1 Commercial Lot
  • $2,600,000
For Sale

404 W Lutz Lake Fern Rd

Lutz, FL 33548

  • 1,056 SF Office Building
  • $265,000
For Sale

Shoppes at Cypress Creek - Lutz FL

Lutz, FL 33559

  • 7,154 SF Retail Building
  • 6.15% Cap Rate
  • $5,169,000
For Sale

Shoppes at Cypress Creek & Greenlane

Lutz, FL

  • Retail Building
  • 6.25% Cap Rate
  • $7,567,000
For Sale

21202 Mariner Pl

Lutz, FL 33549

  • 6,950 SF Retail Building
  • 6.71% Cap Rate
  • $2,100,000
For Sale

Apex Center Office

Lutz, FL 33548

  • 20,824 SF Retail Building
  • $4,200,000

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

Commercial Markets Avg Cost/SF Average Size
Lutz $630 5,689 SF
Land O' Lakes $634 7,454 SF
Northdale $1,395 3,840 SF
Carrollwood $517 11,941 SF
Odessa $717 9,820 SF

Regional Demographic Comparison

This comparison places Lutz 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 Lutz or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Lutz 26,334 9,540 43 $107,805 3 1,800 9%
Land O' Lakes 68,000 23,757 40 $104,680 3 4,400 19%
Northdale 23,577 9,158 42 $87,061 3 2,934 8%
Carrollwood 34,903 14,756 44 $74,333 2 4,583 7%
Odessa 10,125 3,857 40 $102,259 3 1,151 22%

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

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

Lutz 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 Lutz?

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

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

How does Lutz compare to nearby commercial real estate markets?

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

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