Southlake, TX
Commercial Real Estate Market Trends & Data

$353 per SF Avg asking sale price
$25 per SF Avg asking lease rate
14,789 SF Avg unit lease size
15,605 SF Avg building size for sale
6.53% Average cap rate

Southlake's Demographic Profile

Southlake has 9,644 households and a median income of $236,493, providing context for rent absorption and tenant demand across retail and multifamily assets. A +4% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 31,672
# Households 9,644
Median age 43
Median household income $236,493
Avg household size 3.0
Renter-occupied housing units 674
5-year population change +4%

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↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Southlake $368 20,467 SF 8.00%
Flower Mound $413 7,211 SF 6.50%
Grapevine $362 15,010 SF 7.00%
Colleyville $324 13,435 SF 8.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Southlake $554 11,108 SF
Westlake $422 9,100 SF
Trophy Club $415 4,212 SF
Flower Mound $1,048 8,903 SF
Grapevine $733 6,920 SF

Commercial Properties For Sale in Southlake

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

1942 Keller Pky

Keller, TX 76248

  • 38.44 AC Lot
  • 1 Residential Income Lot
  • $10,250,000
For Sale

1203 & 1209 S White Chapel

Southlake, TX

  • Office Building
  • 8.00% Cap Rate
  • $4,350,000
For Sale

Shady Oaks Business Park I

Southlake, TX 76092

  • 12,782 SF Office Building
  • $4,200,000
For Sale

1505 William D Tate Ave

Grapevine, TX 76051

  • 4,785 SF Retail Building
  • 6.50% Cap Rate
  • $3,506,953
For Sale

1854 E Keller Pky

Keller, TX 76248

  • 5,446 SF Office Building
  • $1,375,000
For Sale

Durham Intermediate School

Southlake, TX 76092

  • 132,000 SF Specialty
  • $21,890,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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Property Title Search
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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Southlake pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Southlake $353 15,605 SF
Westlake $349 10,192 SF
Trophy Club $309 10,958 SF
Flower Mound $469 6,620 SF
Grapevine $564 18,697 SF

Regional Demographic Comparison

This comparison places Southlake 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 Southlake or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Southlake 31,672 9,644 43 $236,493 3 674 4%
Westlake 2,170 729 45 $187,604 3 65 8%
Trophy Club 15,268 5,085 44 $168,270 3 437 17%
Flower Mound 84,344 28,807 43 $146,296 3 5,823 18%
Grapevine 53,391 22,095 40 $99,764 2 10,811 5%

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

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

Southlake 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 Southlake?

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

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

How does Southlake compare to nearby commercial real estate markets?

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

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