Commercial Real Estate Market in Westlake, LA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
67 active listings and 396 off-market properties in Westlake, LA. Commercial property asks $213/SF to buy and $6.28/SF/Yr to lease.
Market Trends
Westlake, LA spans 29.2 square miles in Calcasieu County, Louisiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Westlake, 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 Westlake, LA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Westlake, 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 Westlake, LA asks $70/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
- Civic 87.6%
- Industrial 10.9%
- Residential 1.5%
Largest Zones share of zoned land by district
Single Family Residence
Commercial Shopping Central Community
Single Family Residence
Light Industry
Multifamily Residence
Single Family Residence (R-1)
The purpose of this zoning district is to provide single family dwelling, parks, playgrounds, libraries, museums, churches, public schools, private schools (except business or trade).
Market overview
Demographics & Economy
Westlake, LA has 9,830 residents in 4,425 households. Density runs 336 people per square mile. Median household income here is $68,416 and median gross rent $1,026 a month.
9,830
Population
4,425
Households
2.2
Avg Household Size
39
Median Age
18%
College-Educated
89%
High-School Grad
29.2 sq mi
ZIP Area
336
Density / Sq Mi
$68,416
Median Household Income
$43,514
Median Earnings
$1,026
Median Rent
$160,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lake Charles | — | $17.19 |
| Sulphur | — | $13.56 |
| Iowa | — | — |
| Bell City | — | — |
Commercial property in Westlake, LA asks $213/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Westlake?
Commercial property in Westlake, LA asks an average of $213 per square foot. Multifamily carries the highest asking price at $70/SF.
How much does it cost to lease commercial space in Westlake?
Asking lease rates in Westlake, LA average $6.28 per square foot per year.
Where does Realmo's Westlake market data come from?
Realmo compiles Westlake, LA figures from 7 recent recorded sales, 58 active sale listings, 9 active lease listings, 396 tracked off-market properties, the current Westlake zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 58 active for-sale and 9 active for-lease listings in Westlake, 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: 1,504 zoned acres across 8 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 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
