Albany, CA
Commercial Real Estate Market Trends & Data

$373 per SF Avg asking sale price
$33 per SF Avg asking lease rate
3,080 SF Avg unit lease size
11,279 SF Avg building size for sale
6.01% Average cap rate

Albany's Demographic Profile

Albany has 7,153 households and a median income of $112,748, providing context for rent absorption and tenant demand across retail and multifamily assets. A -3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 19,358
# Households 7,153
Median age 39
Median household income $112,748
Avg household size 3.0
Renter-occupied housing units 3,748
5-year population change -3%

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↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Albany $419 12,672 SF 7.84%
Berkeley $452 11,185 SF 9.21%
El Cerrito $290 5,455 SF 6.00%
Emeryville $418 9,931 SF 6.40%
Bay Area $474 12,187 SF 19.27%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Emeryville $309 10,372 SF 4.90%
Bay Area $386 23,001 SF 9.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Albany $345 9,525 SF
Berkeley $460 5,659 SF
El Cerrito $387 15,759 SF
Emeryville $382 3,390 SF
Bay Area $539 11,008 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Albany $387 5,588 SF 5.60%
Berkeley $436 11,654 SF 12.23%
El Cerrito $349 6,498 SF 6.00%
Emeryville $425 3,904 SF 6.69%
Bay Area $630 12,580 SF 18.74%

Commercial Properties For Sale in Albany

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

700-706 Gilman St

Berkeley, CA 94710

  • 2,852 SF Industrial Building
  • $300,000 - $450,000
For Sale

Centro 1331

Berkeley, CA 94710

  • 19,746 SF Office Building
  • $595,000
For Sale

6500 Fairmount Ave

El Cerrito, CA 94530

  • 12,004 SF Retail Building
  • $2,295,000
For Sale

BIGGEST House in Albany!

Albany, CA 94706

  • 10,784 SF Multifamily
  • $1,988,888
For Sale

Food Processing Building

Albany, CA 94710

  • 30,367 SF Industrial Building
  • $9,499,000
For Sale

North Berkeley Triplex with HUGE Units

Berkeley, CA 94702

  • 3,633 SF Multifamily
  • 5.60% Cap Rate
  • $1,449,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Albany pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Albany $373 11,279 SF
Berkeley $424 11,453 SF
El Cerrito $375 12,642 SF
Emeryville $376 8,461 SF
Bay Area $652 17,833 SF

Regional Demographic Comparison

This comparison places Albany alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Albany or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Albany 19,358 7,153 39 $112,748 3 3,748 -3%
Berkeley 118,465 45,240 34 $98,511 2 27,469 -3%
El Cerrito 25,744 10,379 44 $122,148 2 4,392 -1%
Emeryville 11,881 6,444 39 $112,072 2 4,500 -2%
Bay Area 7,393,646 2,655,228 41 $122,558 3 1,228,860 -3%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Albany, CA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Albany

View All Commercial Real Estate For Sale in Albany
Is Albany a good market for a first-time commercial real estate investor?

Albany offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Albany?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Albany. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Albany?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Albany. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Albany compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Albany. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Albany acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Albany, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Market Trends