For Sale
South Lake Tahoe, CA
Commercial Real Estate Market Trends & Data
$452
Avg asking sale price
$29
Avg asking lease rate
2,244 SF
Avg unit lease size
12,431 SF
Avg building size for sale
6.94%
Average cap rate
South Lake Tahoe's Demographic Profile
South Lake Tahoe has 10,043 households and a median income of $68,679, 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 | 23,001 |
| # Households | 10,043 |
| Median age | 41 |
| Median household income | $68,679 |
| Avg household size | 2.0 |
| Renter-occupied housing units | 5,729 |
| 5-year population change | +3% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near South Lake Tahoe, CA
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Carson City | $241 | 15,684 SF | 8.03% |
| Minden | $180 | 118,959 SF | 6.51% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| South Lake Tahoe | $516 | 14,688 SF |
| Twin Bridges | $360 | 5,000 SF |
| Stateline | $777 | 49,858 SF |
| Zephyr Cove | $301 | 6,562 SF |
| Cave Rock | $441 | 5,432 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| South Lake Tahoe | $368 | 3,150 SF | 4.44% |
| Gardnerville | $265 | 8,660 SF | 5.40% |
| Carson City | $329 | 18,882 SF | 6.18% |
| Tahoe Vista | $4,007 | 1,009 SF | 6.19% |
Commercial Properties For Sale in South Lake Tahoe
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 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 South Lake Tahoe pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| South Lake Tahoe | $452 | 12,431 SF |
| Twin Bridges | $360 | 5,000 SF |
| Stateline | $562 | 34,086 SF |
| Zephyr Cove | $301 | 6,562 SF |
Regional Demographic Comparison
This comparison places South Lake Tahoe 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 South Lake Tahoe or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| South Lake Tahoe | 23,001 | 10,043 | 41 | $68,679 | 2 | 5,729 | 3% |
| Stateline | 532 | 260 | 40 | $38,958 | 2 | 221 | -2% |
| Zephyr Cove | 431 | 227 | 61 | $113,815 | 2 | 71 | -10% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in South Lake Tahoe, CA 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 South Lake Tahoe
View All Commercial Real Estate For Sale in South Lake Tahoe
Is South Lake Tahoe a good market for a first-time commercial real estate investor?
South Lake Tahoe 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 South Lake Tahoe?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in South Lake Tahoe. 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 South Lake Tahoe?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for South Lake Tahoe. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does South Lake Tahoe compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to South Lake Tahoe. 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 South Lake Tahoe acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in South Lake Tahoe, 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
