Commercial Real Estate Market in Lakeland, GA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
33 active listings and 181 off-market properties in Lakeland, GA.
Market Trends
Lakeland, GA spans 142.9 square miles in Lanier County, Georgia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lakeland, GA runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Lakeland, GA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Lakeland, 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 Lakeland, GA 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 85.7%
- Commercial 11%
- Industrial 2.8%
Largest Zones share of zoned land by district
Residential Agricultural
Residential Single Family
Residential Mixed Family
General Business
Industrial
Lakeland, GA zones 1,818 acres across 9 districts. Commercial zoning covers 11% of zoned land, residential 85.7% and industrial 2.8%. The largest single district is Residential Agricultural at 49%. For commercial buyers the practical constraint is that only 13.8% of land carries a commercial or industrial designation.
Residential Agricultural (RA)
RA Residential Agricultural 2 20,000 100 60 40 40 15 30 35 20 R-1 Residential, Single Family 4 10,000 80 60 30 20(b) 10 25 35 40 R-2 Residential, Single Family 6 7,000 70 30 25 15(b) 10 20 35 30 Two-Family (Duplex) 10 8,000 (4,000 per unit) 90 (45 per unit) 60 25 15 10 20 35 40 R-3 (Residential Mixed) Single Family incl. Manufactured Homes 6 7,000 70 30 25 1…
Market overview
Demographics & Economy
Lakeland, GA has 6,653 residents in 3,133 households. Density runs 47 people per square mile. Median household income here is $43,815 and median gross rent $864 a month.
6,653
Population
3,133
Households
2.1
Avg Household Size
36
Median Age
19%
College-Educated
91%
High-School Grad
142.9 sq mi
ZIP Area
47
Density / Sq Mi
$43,815
Median Household Income
$32,753
Median Earnings
$864
Median Rent
$168,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Ray City | — | — |
| Stockton | — | — |
| Naylor | — | — |
| Bemiss | — | — |
Commercial property in Lakeland, GA asks $204/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lakeland?
Commercial property in Lakeland, GA asks an average of $204 per square foot. The 7 most recent recorded sales traded at a median of $77/SF, so asking sits 166% above the achieved median.
What zoning applies to commercial property in Lakeland?
Lakeland, GA zones 1,818 acres across 9 districts, of which 11% is commercial and 2.8% industrial. The largest single district is Residential Agricultural at 49% of zoned land. RA Residential Agricultural 2 20,000 100 60 40 40 15 30 35 20 R-1 Residential, Single Family 4 10,000 80 60 30 20(b) 10 25 35 40 R-2 Residential, Single Family 6 7,000 70 30 25 15(b) 10 20 35 30 Two-Family (Duplex) 10 8,000 (4,000 per unit) 90 (45 per unit) 60 25 15 10 20 35 40 R-3 (Residential Mixed) Single Family incl. Manufactured Homes 6 7,000 70 30 25 1… Residential zoning covers 85.7% and open space 0%.
Where does Realmo's Lakeland market data come from?
Realmo compiles Lakeland, GA figures from 7 recent recorded sales, 32 active sale listings, 1 active lease listings, 181 tracked off-market properties, the current Lakeland zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 32 active for-sale and 1 active for-lease listings in Lakeland, 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.
- Zoning and land use
- The current municipal zoning release: 1,818 zoned acres across 9 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
