Commercial Real Estate Market in Lake, LA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
147 active listings and 806 off-market properties in Lake, LA. Commercial property asks $54/SF to buy and $17.00/SF/Yr to lease.
Market Trends
Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lake, LA runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Lake, LA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Lake, LA 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 space in Lake, LA asks $95/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
Market overview
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| French Settlement | — | — |
| Saint Amant | — | — |
| Duplessis | — | — |
| Brittany | — | — |
Commercial property in Lake, LA asks $54/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lake?
Commercial property in Lake, LA asks an average of $54 per square foot. Multifamily carries the highest asking price at $95/SF.
How much does it cost to lease commercial space in Lake?
Asking lease rates in Lake, LA average $17.00 per square foot per year.
Where does Realmo's Lake market data come from?
Realmo compiles Lake, LA figures from 8 recent recorded sales, 118 active sale listings, 29 active lease listings, 806 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 118 active for-sale and 29 active for-lease listings in Lake, 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.
- 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
