Commercial Real Estate Market in Lancaster, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
1,598 active listings and 5,571 off-market properties in Lancaster, CA. Commercial property asks $363/SF to buy and $17.98/SF/Yr to lease.
Market Trends
Lancaster, CA spans 512.3 square miles in Los Angeles County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Lancaster, CA asks $305/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 Lancaster, CA asks $510/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 Lancaster, 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 Lancaster, CA asks $330/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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 64.3%
- Industrial 6.9%
- Mixed use 2.3%
- Planned_development 2.2%
- Civic 1.7%
- Commercial 1.6%
- Open space 1.4%
Largest Zones share of zoned land by district
Rural Residential
Single Family Residential On 7000 Square Foot Lots
Specific Plan
Single Family Residential On 10000 Square Foot Lots
Heavy Industrial
Lancaster, CA zones 54,902 acres across 27 districts. Commercial zoning covers 1.6% of zoned land, residential 64.3%, open space 1.4% and industrial 6.9%. The largest single district is Rural Residential at 31.5%. For commercial buyers the practical constraint is that only 8.5% of land carries a commercial or industrial designation.
Single Family Residential On 7000 Square Foot Lots (R-7000)
The R-7,000 zone implements the "urban residential, low density" land use designation. This zone is intended for single-family dwellings, allowing one dwelling unit per minimum net area of seven thousand (7,000) square feet. C. Medium and High Density Residential Zones. These zones are intended to provide for medium to high density multiple-family dwellings…
Market overview
Demographics & Economy
Lancaster, CA has 200,338 residents in 64,667 households. Density runs 391 people per square mile. Median household income here is $78,130 and median gross rent $1,730 a month.
200,338
Population
64,667
Households
3.1
Avg Household Size
34
Median Age
20%
College-Educated
82%
High-School Grad
512.3 sq mi
ZIP Area
391
Density / Sq Mi
$78,130
Median Household Income
$48,606
Median Earnings
$1,730
Median Rent
$392,147
Median Home Value
Tools
Lease vs Buy Breakeven
At $17.98/SF/Yr lease vs $363/SF buy → buying wins if held > 10.5 years.
The comparison uses county-wide sale comps against Lancaster asking rents, so the implied 5% gross yield is computed off asking rents rather than a closed-deal cap-rate benchmark. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lancaster?
Commercial property in Lancaster, CA asks an average of $363 per square foot. The 3 most recent recorded sales traded at a median of $210/SF, so asking sits 73% above the achieved median. Retail carries the highest asking price at $510/SF.
How much does it cost to lease commercial space in Lancaster?
Asking lease rates in Lancaster, CA average $17.98 per square foot per year.
Is it cheaper to lease or buy commercial space in Lancaster?
Buying beats leasing in Lancaster, CA if the property is held longer than 10.5 years, comparing $17.98/SF/Yr asking rent with $363/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
What zoning applies to commercial property in Lancaster?
Lancaster, CA zones 54,902 acres across 27 districts, of which 1.6% is commercial and 6.9% industrial. The largest single district is Rural Residential at 31.5% of zoned land. Residential zoning covers 64.3% and open space 1.4%.
Where does Realmo's Lancaster market data come from?
Realmo compiles Lancaster, CA figures from 5 recent recorded sales, 1,507 active sale listings, 91 active lease listings, 5,571 tracked off-market properties, the current Lancaster zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1,507 active for-sale and 91 active for-lease listings in Lancaster, 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.
- Zoning and land use
- The current municipal zoning release: 54,902 zoned acres across 27 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- 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
- the lease-vs-buy comparison mixes county-wide sale comps with city asking rents, 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 · report a data issue
