Commercial Real Estate Market in Polk City, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
151 active listings and 196 off-market properties in Polk City, FL. Commercial property asks $1,600/SF to buy and $16.41/SF/Yr to lease.
Market Trends
Polk City, FL spans 182.5 square miles in Polk County, Florida. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Polk City, FL asks $277/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 Polk City, FL asks $479/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 Polk City, 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 Polk City, FL asks $194/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
Polk City, FL has 12,906 residents in 5,197 households. Density runs 71 people per square mile. Median household income here is $74,048 and median gross rent $1,092 a month.
12,906
Population
5,197
Households
2.5
Avg Household Size
43
Median Age
18%
College-Educated
86%
High-School Grad
182.5 sq mi
ZIP Area
71
Density / Sq Mi
$74,048
Median Household Income
$40,658
Median Earnings
$1,092
Median Rent
$235,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Auburndale | — | $8.73 |
| Lake Alfred | — | — |
| Lakeland | — | $22.60 |
| Gibsonia | — | — |
Commercial property in Polk City, FL asks $1,600/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Polk City?
Commercial property in Polk City, FL asks an average of $1,600 per square foot. The 4 most recent recorded sales traded at a median of $296/SF, so asking sits 441% above the achieved median. Retail carries the highest asking price at $479/SF.
How much does it cost to lease commercial space in Polk City?
Asking lease rates in Polk City, FL average $16.41 per square foot per year.
Where does Realmo's Polk City market data come from?
Realmo compiles Polk City, FL figures from 5 recent recorded sales, 146 active sale listings, 5 active lease listings, 196 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 146 active for-sale and 5 active for-lease listings in Polk City, 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 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
