Commercial Real Estate Market in Lake Forest, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
112 active listings and 948 off-market properties in Lake Forest, CA.
Market Trends
Lake Forest, CA spans 39.8 square miles in Orange County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Lake Forest, CA asks $321/SF to buy. Vacancy runs 20.8% across the West region in 2025, up from 11% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Retail
Retail space in Lake Forest, CA asks $1,114/SF to buy. Vacancy runs 5.8% across the West region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Industrial
Industrial vacancy in Lake Forest, CA runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily space in Lake Forest, CA asks $212/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Market overview
Demographics & Economy
Lake Forest, CA has 109,920 residents in 40,103 households. Density runs 2,765 people per square mile. Median household income here is $151,706 and median gross rent $2,859 a month.
109,920
Population
40,103
Households
2.7
Avg Household Size
41
Median Age
53%
College-Educated
95%
High-School Grad
39.8 sq mi
ZIP Area
2,765
Density / Sq Mi
$151,706
Median Household Income
$69,212
Median Earnings
$2,859
Median Rent
$976,395
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Aliso Viejo | $328 (county avg) | — |
| Laguna Beach | $328 (county avg) | $58.02 |
Commercial property in Lake Forest, CA asks $328/SF. The 2 bordering markets run from $328/SF in Aliso Viejo to $328/SF in Aliso Viejo, and the city sits in line with their $328/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lake Forest?
Commercial property in Lake Forest, CA asks an average of $328 per square foot. Retail carries the highest asking price at $1,114/SF.
How does Lake Forest compare to nearby markets on price?
Lake Forest, CA asks $328/SF against $328/SF in Aliso Viejo and $328/SF in Laguna Beach.
Where does Realmo's Lake Forest market data come from?
Realmo compiles Lake Forest, CA figures from 6 recent recorded sales, 42 active sale listings, 70 active lease listings, 948 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 42 active for-sale and 70 active for-lease listings in Lake Forest, CA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
