Commercial Real Estate Market in Lake Park, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
11 active listings and 215 off-market properties in Lake Park, IA.
Market Trends
Lake Park, IA spans 81.0 square miles in Dickinson County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lake Park, IA runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Lake Park, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Lake Park, IA runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily space in Lake Park, IA asks $262/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Lake Park, IA has 1,489 residents in 747 households. Density runs 18 people per square mile. Median household income here is $81,736 and median gross rent $1,008 a month.
1,489
Population
747
Households
2
Avg Household Size
45
Median Age
21%
College-Educated
99%
High-School Grad
81 sq mi
ZIP Area
18
Density / Sq Mi
$81,736
Median Household Income
$45,455
Median Earnings
$1,008
Median Rent
$180,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Montgomery | — | — |
| Harris | — | — |
| Triboji Beach | — | — |
| Egralharve | — | — |
Commercial property in Lake Park, IA asks $6/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lake Park?
Commercial property in Lake Park, IA asks an average of $6 per square foot. Multifamily carries the highest asking price at $262/SF.
Where does Realmo's Lake Park market data come from?
Realmo compiles Lake Park, IA figures from 2 recent recorded sales, 11 active sale listings, 215 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 11 active for-sale and 0 active for-lease listings in Lake Park, IA. 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 Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest 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
