Commercial Real Estate Market in Central, LA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
1,679 active listings and 10,941 off-market properties in Central, LA. Commercial property asks $79/SF to buy and $18.29/SF/Yr to lease.
Market Trends
Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Central, LA asks $16.37/SF/Yr to lease and $112/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in Central, LA asks $16.24/SF/Yr to lease and $110/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial space in Central, LA asks $8.91/SF/Yr to lease. Vacancy runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Average Lease Price $/SF/Yr
Listings
Vacancy Rate % in South region
Multifamily
Multifamily space in Central, LA asks $87/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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Agricultural 68.1%
- Residential 25.7%
- Industrial 3.3%
- Commercial 2.8%
- Civic 0.2%
Largest Zones share of zoned land by district
Rural Agricultural District
Single Family Residence District
Single Family Residence District
Office Research And Development District
Large Scale Commercial Business District
Rural Agricultural District (RA)
A. A Major home business is only allowed in a RA district, and only when approved through the conditional use process (Sec. 13.7. Conditional uses). B. All major home businesses require an occupational license. C. A major home business may have employees on-site that are not residents. D. The use of the principle residential structure for the major home busi…
Market overview
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Greenwell Springs | — | — |
| Baker | — | $11.91 |
| Denham Springs | — | $16.25 |
Commercial property in Central, LA asks $79/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Central?
Commercial property in Central, LA asks an average of $79 per square foot. The 6 most recent recorded sales traded at a median of $62/SF, so asking sits 27% above the achieved median. Office carries the highest asking price at $112/SF.
How much does it cost to lease commercial space in Central?
Asking lease rates in Central, LA average $18.29 per square foot per year. Office asks $16.37/SF/Yr as of Q2 26, little changed from $16.70/SF/Yr in Q1 26.
Where does Realmo's Central market data come from?
Realmo compiles Central, LA figures from 7 recent recorded sales, 1,135 active sale listings, 544 active lease listings, 10,941 tracked off-market properties, the current Central zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1,135 active for-sale and 544 active for-lease listings in Central, LA. 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: 37,182 zoned acres across 20 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 30 September 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 30 September 2026 · How Realmo checks market page data · Report a data issue
