Commercial Real Estate Market in Largo, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
202 active listings and 3,835 off-market properties in Largo, FL. Commercial property asks $364/SF to buy and $17.08/SF/Yr to lease.
Market Trends
Largo, FL spans 33.5 square miles in Pinellas County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Largo, FL asks $257/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Largo, FL asks $424/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Largo, 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 Largo, FL asks $339/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
- Residential 32.9%
- Planned_development 22.9%
- Open space 9.7%
- Commercial 9.4%
- Industrial 8.7%
- Civic 8.2%
- Mixed use 5.9%
Largest Zones share of zoned land by district
Residential Low
Residential Urban
Residential Medium
Commercial General
Recreation Open Space
Residential Low (RL)
This residential classification is applied to most of the existing single-family subdivisions. Wherever possible, this classification should not be applied to environmentally sensitive areas. It can include typical single-family development and innovative residential housing types, such as cluster homes and low intensity planned unit developments.
Market overview
Demographics & Economy
Largo, FL has 136,663 residents in 71,022 households. Density runs 4,082 people per square mile. Median household income here is $71,774 and median gross rent $1,599 a month.
136,663
Population
71,022
Households
1.9
Avg Household Size
51
Median Age
30%
College-Educated
92%
High-School Grad
33.5 sq mi
ZIP Area
4,082
Density / Sq Mi
$71,774
Median Household Income
$42,797
Median Earnings
$1,599
Median Rent
$264,870
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Largo?
Commercial property in Largo, FL asks an average of $364 per square foot. The 8 most recent recorded sales traded at a median of $267/SF, so asking sits 36% above the achieved median. Retail carries the highest asking price at $424/SF.
How much does it cost to lease commercial space in Largo?
Asking lease rates in Largo, FL average $17.08 per square foot per year.
Where does Realmo's Largo market data come from?
Realmo compiles Largo, FL figures from 8 recent recorded sales, 136 active sale listings, 66 active lease listings, 3,835 tracked off-market properties, the current Largo zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 136 active for-sale and 66 active for-lease listings in Largo, 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.
- 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: 10,805 zoned acres across 22 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
