Commercial Real Estate Market in Estero, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
71 active listings and 459 off-market properties in Estero, FL. Commercial property asks $1,295/SF to buy and $21.50/SF/Yr to lease.
Market Trends
Estero, FL spans 124.5 square miles in Lee County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Estero, FL runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Estero, FL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Estero, FL runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Estero, FL asks $216/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Planned_development 81.4%
- Commercial 12.4%
- Residential 3.5%
- Open space 1.5%
- Civic 1%
- Mixed use 0.1%
- Industrial 0.1%
Largest Zones share of zoned land by district
Residential Planned Development
Mixed Use Planned Development
Agriculture
Planned Unit Development
Commercial Planned Development
Residential Planned Development (RPD)
The purpose of the Residential Planned Development (RPD) District is to provide land owners a development option for increased flexibility consistent with the goals, policies, and objectives of the comprehensive plan, if they comply with the provisions of the comprehensive plan, and the project will not have an adverse economic, environmental, fiscal, or soc…
Market overview
Demographics & Economy
Estero, FL has 118,553 residents in 78,475 households. Density runs 952 people per square mile. Median household income here is $94,320 and median gross rent $1,812 a month.
118,553
Population
78,475
Households
1.5
Avg Household Size
57
Median Age
43%
College-Educated
92%
High-School Grad
124.5 sq mi
ZIP Area
952
Density / Sq Mi
$94,320
Median Household Income
$46,452
Median Earnings
$1,812
Median Rent
$428,234
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Fort Myers | — | $19.58 |
| Bonita Springs | — | $27.28 |
| Fort Myers Beach | — | $49.03 |
| Naples | — | $27.72 |
Commercial property in Estero, FL asks $1,295/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Estero?
Commercial property in Estero, FL asks an average of $1,295 per square foot. The 6 most recent recorded sales traded at a median of $767/SF, so asking sits 69% above the achieved median. Multifamily carries the highest asking price at $216/SF.
How much does it cost to lease commercial space in Estero?
Asking lease rates in Estero, FL average $21.50 per square foot per year.
Where does Realmo's Estero market data come from?
Realmo compiles Estero, FL figures from 7 recent recorded sales, 59 active sale listings, 12 active lease listings, 459 tracked off-market properties, the current Estero zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 59 active for-sale and 12 active for-lease listings in Estero, FL. 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.
- 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: 16,280 zoned acres across 17 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
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South 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
