Commercial Real Estate Market in Modeste, LA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
25 active listings and 348 off-market properties in Modeste, LA.
Market Trends
Modeste, LA spans 64.9 square miles in Ascension County, Louisiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Modeste, 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 Modeste, LA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Modeste, 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 Modeste, 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
Demographics & Economy
Modeste, LA has 10,342 residents in 4,275 households. Density runs 159 people per square mile. Median household income here is $37,490 and median gross rent $854 a month.
10,342
Population
4,275
Households
2.4
Avg Household Size
38
Median Age
12%
College-Educated
85%
High-School Grad
64.9 sq mi
ZIP Area
159
Density / Sq Mi
$37,490
Median Household Income
$22,364
Median Earnings
$854
Median Rent
$186,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Geismar | — | $13.31 |
| Darrow | — | — |
| Burnside | — | — |
| Gonzales | — | $15.52 |
Commercial property in Modeste, LA asks $6/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Modeste?
Commercial property in Modeste, LA asks an average of $6 per square foot. Multifamily carries the highest asking price at $95/SF.
Where does Realmo's Modeste market data come from?
Realmo compiles Modeste, LA figures from 2 recent recorded sales, 25 active sale listings, 348 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 25 active for-sale and 0 active for-lease listings in Modeste, 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
