Commercial Real Estate Market in Lake City, GA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
4 active listings and 17 off-market properties in Lake City, GA.
Market Trends
Lake City, GA spans 10.9 square miles in Clayton County, Georgia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Lake City, GA asks $139/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 Lake City, GA asks $495/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 Lake City, GA 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 Lake City, GA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Lake City, GA has 27,864 residents in 9,858 households. Density runs 2,556 people per square mile. Median household income here is $55,212 and median gross rent $1,391 a month.
27,864
Population
9,858
Households
2.8
Avg Household Size
34
Median Age
17%
College-Educated
78%
High-School Grad
10.9 sq mi
ZIP Area
2,556
Density / Sq Mi
$55,212
Median Household Income
$34,692
Median Earnings
$1,391
Median Rent
$189,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Morrow | — | — |
| Conley | — | — |
| Forest Park | — | — |
| Rex | — | — |
Commercial property in Lake City, GA asks $345/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lake City?
Commercial property in Lake City, GA asks an average of $345 per square foot. Retail carries the highest asking price at $495/SF.
Methodology & data sources
- Asking prices and averages
- Computed from 4 active for-sale and 0 active for-lease listings in Lake City, GA. 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 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 31 August 2026 · report a data issue
