For Sale
Miami Lakes, FL
Commercial Real Estate Market Trends & Data
$323
Avg asking sale price
$44
Avg asking lease rate
12,022 SF
Avg unit lease size
18,956 SF
Avg building size for sale
5.37%
Average cap rate
Miami Lakes's Demographic Profile
Miami Lakes has 10,301 households and a median income of $89,055, providing context for rent absorption and tenant demand across retail and multifamily assets. A -3% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 28,399 |
| # Households | 10,301 |
| Median age | 43 |
| Median household income | $89,055 |
| Avg household size | 3.0 |
| Renter-occupied housing units | 3,781 |
| 5-year population change | -3% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Miami Lakes, FL
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Miami Lakes | $305 | 25,666 SF | 7.33% |
| Hialeah Lakes | $421 | 25,666 SF | 7.33% |
| Hialeah | $414 | 16,128 SF | 7.33% |
| Miramar | $370 | 10,958 SF | 5.95% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Miami Lakes | $461 | 12,004 SF | 5.78% |
| Hialeah Lakes | $847 | 12,219 SF | 7.70% |
| Hialeah Gardens | $335 | 6,194 SF | 7.70% |
| Hialeah | $530 | 20,200 SF | 7.70% |
| Medley | $384 | 7,833 SF | 7.70% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Miami Lakes | $287 | 39,075 SF |
| Hialeah Lakes | $230 | 40,266 SF |
| Hialeah Gardens | $344 | 2,019 SF |
| Hialeah | $659 | 20,814 SF |
| Medley | $1,081 | 2,642 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Hialeah Lakes | $3,336 | 5,300 SF | 7.70% |
| Hialeah Gardens | $260 | 3,862 SF | 7.70% |
| Hialeah | $2,007 | 29,012 SF | 7.70% |
| Medley | $321 | 4,333 SF | 7.70% |
| Miramar | $432 | 6,309 SF | 7.17% |
Commercial Properties For Sale in Miami Lakes
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 Miami Lakes pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Miami Lakes | $323 | 18,956 SF |
| Hialeah Lakes | $719 | 17,517 SF |
| Hialeah Gardens | $339 | 7,826 SF |
| Hialeah | $561 | 20,362 SF |
| Medley | $527 | 6,797 SF |
Regional Demographic Comparison
This comparison places Miami Lakes 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 Miami Lakes or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Miami Lakes | 28,399 | 10,301 | 43 | $89,055 | 3 | 3,781 | -3% |
| Hialeah Lakes | 99,490 | 34,385 | 41 | $60,716 | 3 | 18,203 | -3% |
| Hialeah Gardens | 20,346 | 6,252 | 45 | $55,239 | 3 | 2,567 | -4% |
| Hialeah | 202,338 | 66,850 | 46 | $44,506 | 3 | 36,389 | -4% |
| Medley | 2,861 | 363 | 42 | $42,972 | 3 | 154 | -1% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Miami Lakes, 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 Miami Lakes
View All Commercial Real Estate For Sale in Miami Lakes
Is Miami Lakes a good market for a first-time commercial real estate investor?
Miami Lakes 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 Miami Lakes?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Miami Lakes. 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 Miami Lakes?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Miami Lakes. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does Miami Lakes compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Miami Lakes. 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 Miami Lakes acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Miami Lakes, 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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