Oakland Park, FL
Commercial Real Estate Market Trends & Data
Oakland Park's Demographic Profile
Oakland Park has 18,397 households and a median income of $58,807, providing context for rent absorption and tenant demand across retail and multifamily assets. A -1% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 43,955 |
| # Households | 18,397 |
| Median age | 42 |
| Median household income | $58,807 |
| Avg household size | 2.0 |
| Renter-occupied housing units | 8,610 |
| 5-year population change | -1% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Oakland Park, FL
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Oakland Park | $362 | 12,979 SF | 6.64% |
| Wilton Manors | $421 | 6,271 SF | 4.73% |
| North Lauderdale | $229 | 26,892 SF | 9.35% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Oakland Park | $445 | 13,302 SF | 9.16% |
| Wilton Manors | $528 | 4,701 SF | 5.23% |
| North Lauderdale | $219 | 2,133 SF | 6.44% |
| Lauderhill | $364 | 15,834 SF | 9.00% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Oakland Park | $671 | 6,846 SF |
| Wilton Manors | $687 | 4,287 SF |
| Lauderdale Lakes | $613 | 1,546 SF |
| North Lauderdale | $369 | 6,085 SF |
| Lauderhill | $355 | 7,993 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Oakland Park | $363 | 5,857 SF | 7.70% |
| Wilton Manors | $407 | 15,095 SF | 7.18% |
| North Lauderdale | $206 | 2,182 SF | 6.44% |
| Lauderhill | $250 | 17,048 SF | 8.50% |
Commercial Properties For Sale in Oakland Park
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 Oakland Park pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Oakland Park | $494 | 12,894 SF |
| Wilton Manors | $571 | 9,999 SF |
| Lauderdale Lakes | $259 | 14,153 SF |
| Sea Ranch Lakes | $636 | 9,750 SF |
| Lauderdale By The Sea | $545 | 8,113 SF |
Multifamily Properties For Sale in Oakland Park
Regional Demographic Comparison
This comparison places Oakland 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 Oakland Park or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Oakland Park | 43,955 | 18,397 | 42 | $58,807 | 2 | 8,610 | -1% |
| Wilton Manors | 11,600 | 6,171 | 55 | $87,205 | 2 | 2,648 | 1% |
| Lauderdale Lakes | 45,301 | 17,080 | 41 | $36,448 | 3 | 8,555 | 6% |
| Sea Ranch Lakes | 349 | 175 | 54 | $105,952 | 2 | 72 | 2% |
| Lauderdale By The Sea | 10,034 | 5,672 | 64 | $86,919 | 2 | 1,498 | 10% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Oakland Park, 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 Oakland Park
Oakland 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.
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Oakland 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.
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Oakland Park. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Oakland Park. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Oakland 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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