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Commercial buildings, representative of Central Florida commercial real estate

I-4 corridor · Polk County

Lakeland Commercial Real Estate

Lakeland sits on I-4 between Orlando and Tampa, and a large share of its sellers have been cutting. In the Stellar MLS snapshot of October 29, 2026, 12 of the 29 active for-sale listings were priced below their original ask, and the median of those cuts was 16.6%. Eleven of the 29 had been on the market more than 180 days.

The inventory is priced for regional buyers. Nine listings asked under $500,000, eleven asked between $500,000 and $1 million, nine between $1 million and $3 million, and none asked more than $3 million. Office, mixed-use and multifamily (5+ units) were tied at five each, and the median year built was 1973. On the lease side, warehouse and office were tied at four of the 13 active lease listings, the only market in this batch with warehouse space among its leading lease types.

The paragraphs above describe the October 29, 2026 snapshot. The figures below update with the feed.

Lakeland active inventory

Active for sale

31

Active for lease

11

Priced below original ask

12 of 31

Active for-sale listings

Median asking price

$750K

n = 31 for-sale listings

Median ask per SF

$223

n = 26 with usable building area

Median days on market

158

n = 31 active listings

For-lease property mix

  • Office4
  • Warehouse3
  • Business1
  • Retail1
  • Mixed Use1
  • Industrial1

Counts of active lease listings by property subtype. The feed reports no rent figures.

For-sale property mix

  • Office6
  • Mixed Use5
  • Multi-Family 5+5
  • Retail3
  • Business3
  • Industrial2

For-sale asking-price bands

  • Under $500K11
  • $500K – $1M12
  • $1M – $3M8
  • $3M and up0

12 of 31 listings are priced below their original ask; the median reduction is 16.6%.

Method and limits

Source: Stellar MLS (distributed through MLS GRID) and Space Coast MLS, active commercial-sale and commercial-lease listings with a city of Lakeland, FL; newest record updated November 12, 2026. These are asking prices on active listings, not sale prices: this page shows no closed-sale data. Medians appear only when at least 5 listings support them, and the sample size is shown. Price per SF uses listings with a usable building area. Cap rate is not shown because fewer than 5 listings in Lakeland report one. Asking prices are not sale prices, and a market with many reductions can still clear well below or above its asks. Treat the reduction share as a negotiating signal on active listings, not as a statement of where deals close.

Active commercial listings in Lakeland

Live MLS inventory in Lakeland, Polk County.

Listings courtesy of Stellar MLS as distributed by MLS GRID. Data deemed reliable but not guaranteed.

MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of November 12, 2026 at 1:29 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Brevard County listings courtesy of the Space Coast Association of REALTORS® (Space Coast MLS)

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

© 2026 Space Coast Association of REALTORS®. All information should be independently reviewed and verified for accuracy.

Ryan Solberg, Licensed Real Estate Broker · MaxLife Realty, LLC · FL Lic. #BK3354351 · Equal Housing Opportunity · Terms · DMCA

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