For Sale
Palm Springs, FL
Commercial Real Estate Market Trends & Data
$511
Avg asking sale price
$25
Avg asking lease rate
4,614 SF
Avg unit lease size
11,716 SF
Avg building size for sale
6.51%
Average cap rate
Palm Springs's Demographic Profile
Palm Springs has 10,120 households and a median income of $53,133, 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 | 28,424 |
| # Households | 10,120 |
| Median age | 38 |
| Median household income | $53,133 |
| Avg household size | 3.0 |
| Renter-occupied housing units | 5,392 |
| 5-year population change | +3% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Palm Springs, FL
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Palm Springs | $570 | 6,597 SF | 8.00% |
| Lake Worth | $518 | 5,757 SF | 8.64% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Lake Worth Beach | $296 | 8,402 SF | 6.17% |
| Lake Worth | $296 | 8,402 SF | 6.17% |
| Palm Beach | $351 | 1,395 SF | 4.60% |
| South Palm Beach | $351 | 1,395 SF | 4.60% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Palm Springs | $832 | 22,773 SF |
| Lake Worth Beach | $654 | 8,242 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Palm Springs | $302 | 17,540 SF | 5.10% |
| Lake Worth Beach | $517 | 11,051 SF | 8.26% |
| Lake Worth | $502 | 11,041 SF | 8.26% |
| Palm Beach | $1,734 | 2,453 SF | 4.60% |
| South Palm Beach | $351 | 1,395 SF | 4.60% |
Commercial Properties For Sale in Palm Springs
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale
Average Price For Sale
↻ Updated MonthlyAverage Size 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 Palm Springs pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Palm Springs | $511 | 11,716 SF |
| Greenacres | $354 | 7,261 SF |
| Lake Worth Beach | $513 | 9,400 SF |
| Atlantis | $547 | 4,060 SF |
| Glen Ridge | $397 | 5,699 SF |
Regional Demographic Comparison
This comparison places Palm Springs 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 Palm Springs or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Palm Springs | 28,424 | 10,120 | 38 | $53,133 | 3 | 5,392 | 3% |
| Greenacres | 43,667 | 15,928 | 40 | $51,278 | 3 | 5,873 | 3% |
| Lake Worth Beach | 42,781 | 15,692 | 38 | $58,188 | 3 | 8,388 | 3% |
| Atlantis | 2,220 | 1,021 | 60 | $103,125 | 2 | 96 | 4% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Palm Springs, 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 Palm Springs
View All Commercial Real Estate For Sale in Palm Springs
Is Palm Springs a good market for a first-time commercial real estate investor?
Palm Springs 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 Palm Springs?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Palm Springs. 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 Palm Springs?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Palm Springs. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does Palm Springs compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Palm Springs. 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 Palm Springs acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Palm Springs, 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
- West Palm Beach Market Trends
- Oakland Park Market Trends
- Pompano Beach Market Trends
- Delray Beach Market Trends
- Lake Worth Market Trends
- Stuart Market Trends
- Hypoluxo Market Trends
- Boynton Beach Market Trends
- Lantana Market Trends
- Boca Raton Market Trends
- Lake Worth Beach Market Trends
- Riviera Beach Market Trends
- Singer Island Market Trends
- Coral Springs Market Trends
- Lauderhill Market Trends
- Deerfield Beach Market Trends
- Jupiter Market Trends
- Hobe Sound Market Trends
- Tamarac Market Trends
- Sunrise Market Trends
- Palm Beach Gardens Market Trends
- Wilton Manors Market Trends
- Coconut Creek Market Trends
- Wellington Market Trends
- Margate Market Trends
- North Palm Beach Market Trends
- Lauderdale Lakes Market Trends
- North Lauderdale Market Trends
- View more
- View less
