Commercial Real Estate Market in Parks, LA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
108 active listings and 575 off-market properties in Parks, LA. Commercial property asks $20/SF to buy and $11.67/SF/Yr to lease.
Market Trends
Parks, LA spans 148.0 square miles in St. Martin County, Louisiana. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Parks, LA asks $81/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Parks, LA asks $57/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Parks, 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 Parks, LA asks $104/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
Parks, LA has 19,088 residents in 9,122 households. Density runs 129 people per square mile. Median household income here is $46,690 and median gross rent $787 a month.
19,088
Population
9,122
Households
2.1
Avg Household Size
41
Median Age
13%
College-Educated
84%
High-School Grad
148 sq mi
ZIP Area
129
Density / Sq Mi
$46,690
Median Household Income
$36,265
Median Earnings
$787
Median Rent
$149,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Breaux Bridge | — | $9.89 |
| Saint Martinville | — | $11.67 |
| Broussard | — | $24.64 |
| Youngsville | — | $23.96 |
Commercial property in Parks, LA asks $20/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Parks?
Commercial property in Parks, LA asks an average of $20 per square foot. Multifamily carries the highest asking price at $104/SF.
How much does it cost to lease commercial space in Parks?
Asking lease rates in Parks, LA average $11.67 per square foot per year.
Where does Realmo's Parks market data come from?
Realmo compiles Parks, LA figures from 6 recent recorded sales, 102 active sale listings, 6 active lease listings, 575 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 102 active for-sale and 6 active for-lease listings in Parks, 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 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
