Commercial Real Estate Market in Welaka, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
18 active listings and 63 off-market properties in Welaka, FL. Commercial property asks $121/SF to buy and $11.43/SF/Yr to lease.
Market Trends
Welaka, FL spans 80.6 square miles in Putnam County, Florida. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Welaka, 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 Welaka, FL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Welaka, 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 Welaka, 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 77%
- Commercial 15.1%
- Open space 6.4%
Largest Zones share of zoned land by district
Residential Single Family Min 10000 Square Feet
Agriculture
Residential Single Family Minimum 7000 Square Feet
Commercial Neighborhood
Commercial General
Welaka, FL zones 848 acres across 11 districts. Commercial zoning covers 15.1% of zoned land, residential 77% and open space 6.4%. The largest single district is Residential Single Family Min 10000 Square Feet at 33.5%. For commercial buyers the practical constraint is that only 15.1% of land carries a commercial or industrial designation.
Residential Single Family Min 10000 Square Feet (SR-1A)
The purpose of this zoning district is to provide single family dwelling.
Market overview
Demographics & Economy
Welaka, FL has 10,702 residents in 6,020 households. Density runs 133 people per square mile. Median household income here is $41,980 and median gross rent $772 a month.
10,702
Population
6,020
Households
1.8
Avg Household Size
47
Median Age
10%
College-Educated
73%
High-School Grad
80.6 sq mi
ZIP Area
133
Density / Sq Mi
$41,980
Median Household Income
$28,232
Median Earnings
$772
Median Rent
$151,035
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Pomona Park | — | — |
| Satsuma | — | — |
| Lake Como | — | — |
| Georgetown | — | — |
Commercial property in Welaka, FL asks $121/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Welaka?
Commercial property in Welaka, FL asks an average of $121 per square foot. The 3 most recent recorded sales traded at a median of $24/SF, so asking sits 401% above the achieved median.
How much does it cost to lease commercial space in Welaka?
Asking lease rates in Welaka, FL average $11.43 per square foot per year.
What zoning applies to commercial property in Welaka?
Welaka, FL zones 848 acres across 11 districts, of which 15.1% is commercial and 0% industrial. The largest single district is Residential Single Family Min 10000 Square Feet at 33.5% of zoned land. The purpose of this zoning district is to provide single family dwelling. Residential zoning covers 77% and open space 6.4%.
Where does Realmo's Welaka market data come from?
Realmo compiles Welaka, FL figures from 7 recent recorded sales, 17 active sale listings, 1 active lease listings, 63 tracked off-market properties, the current Welaka zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 17 active for-sale and 1 active for-lease listings in Welaka, 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: 848 zoned acres across 11 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
