Commercial Real Estate Market in Lutz, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
99 active listings and 1,089 off-market properties in Lutz, FL. Commercial property asks $51/SF to buy and $21.04/SF/Yr to lease.
Market Trends
Lutz, FL spans 49.9 square miles in Hillsborough County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Lutz, FL asks $382/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 Lutz, FL asks $435/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 Lutz, 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 Lutz, FL asks $276/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
Market overview
Demographics & Economy
Lutz, FL has 69,523 residents in 29,506 households. Density runs 1,394 people per square mile. Median household income here is $96,600 and median gross rent $1,506 a month.
69,523
Population
29,506
Households
2.4
Avg Household Size
40
Median Age
48%
College-Educated
95%
High-School Grad
49.9 sq mi
ZIP Area
1,394
Density / Sq Mi
$96,600
Median Household Income
$51,469
Median Earnings
$1,506
Median Rent
$415,771
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Wesley Chapel | — | $198.96 |
| Temple Terrace | — | — |
Commercial property in Lutz, FL asks $51/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lutz?
Commercial property in Lutz, FL asks an average of $51 per square foot. The 5 most recent recorded sales traded at a median of $746/SF. Retail carries the highest asking price at $435/SF.
How much does it cost to lease commercial space in Lutz?
Asking lease rates in Lutz, FL average $21.04 per square foot per year.
Where does Realmo's Lutz market data come from?
Realmo compiles Lutz, FL figures from 7 recent recorded sales, 75 active sale listings, 24 active lease listings, 1,089 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 75 active for-sale and 24 active for-lease listings in Lutz, 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.
- 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
