Commercial Real Estate Market in Lockport, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
241 active listings and 2,622 off-market properties in Lockport, NY. Commercial property asks $62/SF to buy and $14.09/SF/Yr to lease.
Market Trends
Lockport, NY spans 121.7 square miles in Niagara County, New York. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Lockport, NY asks $93/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail space in Lockport, NY asks $29/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Lockport, NY runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Lockport, NY asks $68/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 47%
- Industrial 20.8%
- Open space 15.9%
- Mixed use 10.7%
- Commercial 0.7%
Largest Zones share of zoned land by district
Low Density Residential
General Industrial
Open Space
Medium Density Residential
Mixed Residential
Lockport, NY zones 4,806 acres across 11 districts. Commercial zoning covers 0.7% of zoned land, residential 47%, open space 15.9% and industrial 20.8%. The largest single district is Low Density Residential at 29.5%. For commercial buyers the practical constraint is that only 21.5% of land carries a commercial or industrial designation.
Low Density Residential (LDR)
Low Density Residential (LDR). The purpose of the LDR District is to recognize and protect the lowest density neighborhoods within the City of Lockport. These properties are generally characterized by owner-occupied, single-family detached homes with large, unobstructed front yards situated on lots of at least 1/4 acre in size. Future investment within the L…
Market overview
Demographics & Economy
Lockport, NY has 50,969 residents in 23,283 households. Density runs 419 people per square mile. Median household income here is $73,354 and median gross rent $869 a month.
50,969
Population
23,283
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
92%
High-School Grad
121.7 sq mi
ZIP Area
419
Density / Sq Mi
$73,354
Median Household Income
$45,056
Median Earnings
$869
Median Rent
$186,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Amherst | $100 (county avg) | $29.38 |
| Clarence Center | $100 (county avg) | — |
Commercial property in Lockport, NY asks $62/SF. The 2 bordering markets run from $100/SF in Amherst to $100/SF in Amherst, and the city sits below their $100/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lockport?
Commercial property in Lockport, NY asks an average of $62 per square foot. The 5 most recent recorded sales traded at a median of $61/SF, so asking sits 2% above the achieved median. Office carries the highest asking price at $93/SF.
How much does it cost to lease commercial space in Lockport?
Asking lease rates in Lockport, NY average $14.09 per square foot per year.
How does Lockport compare to nearby markets on price?
Lockport, NY asks $62/SF against $100/SF in Amherst and $100/SF in Clarence Center.
What zoning applies to commercial property in Lockport?
Lockport, NY zones 4,806 acres across 11 districts, of which 0.7% is commercial and 20.8% industrial. The largest single district is Low Density Residential at 29.5% of zoned land. Low Density Residential (LDR). The purpose of the LDR District is to recognize and protect the lowest density neighborhoods within the City of Lockport. These properties are generally characterized by owner-occupied, single-family detached homes with large, unobstructed front yards situated on lots of at least 1/4 acre in size. Future investment within the L… Residential zoning covers 47% and open space 15.9%.
Where does Realmo's Lockport market data come from?
Realmo compiles Lockport, NY figures from 7 recent recorded sales, 166 active sale listings, 75 active lease listings, 2,622 tracked off-market properties, the current Lockport zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 166 active for-sale and 75 active for-lease listings in Lockport, NY. 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: 4,806 zoned acres across 11 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 Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast 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 · report a data issue
