Commercial Real Estate Market in Mayo, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
26 active listings and 155 off-market properties in Mayo, FL.
Market Trends
Mayo, FL spans 280.0 square miles in Lafayette County, Florida. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Mayo, 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 Mayo, FL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Mayo, 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 vacancy in Mayo, FL runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 76%
- Commercial 10.5%
- Agricultural 10.4%
- Industrial 3.1%
Largest Zones share of zoned land by district
Residential Conventional Single Family
Residential Mixed Single Family And Mobile Home
Agricultural
Residential Conventional Single Family
Commercial General
Mayo, FL zones 647 acres across 13 districts. Commercial zoning covers 10.5% of zoned land, residential 76% and industrial 3.1%. The largest single district is Residential Conventional Single Family at 34%. For commercial buyers the practical constraint is that only 13.6% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Mayo, FL has 6,844 residents in 2,379 households. Density runs 24 people per square mile. Median household income here is $61,650 and median gross rent $880 a month.
6,844
Population
2,379
Households
2.9
Avg Household Size
43
Median Age
8%
College-Educated
81%
High-School Grad
280 sq mi
ZIP Area
24
Density / Sq Mi
$61,650
Median Household Income
$28,828
Median Earnings
$880
Median Rent
$137,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Day | — | — |
| McAlpin | — | — |
| Dowling Park | — | — |
| O Brien | — | — |
Commercial property in Mayo, FL asks $5,352/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Mayo?
Commercial property in Mayo, FL asks an average of $5,352 per square foot. The 5 most recent recorded sales traded at a median of $42/SF, so asking sits 12616% above the achieved median.
What zoning applies to commercial property in Mayo?
Mayo, FL zones 647 acres across 13 districts, of which 10.5% is commercial and 3.1% industrial. The largest single district is Residential Conventional Single Family at 34% of zoned land. Residential zoning covers 76% and open space 0%.
Where does Realmo's Mayo market data come from?
Realmo compiles Mayo, FL figures from 6 recent recorded sales, 26 active sale listings, 155 tracked off-market properties, the current Mayo zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 26 active for-sale and 0 active for-lease listings in Mayo, 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: 647 zoned acres across 13 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 31 August 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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 31 August 2026 · report a data issue
