Burlingame, CA
Commercial Real Estate Market Trends & Data

$801 Avg asking sale price
$40 Avg asking lease rate
34,933 SF Avg unit lease size
12,811 SF Avg building size for sale
4.14% Average cap rate

Burlingame's Demographic Profile

Burlingame has 12,113 households and a median income of $147,145, 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 30,471
# Households 12,113
Median age 43
Median household income $147,145
Avg household size 2.0
Renter-occupied housing units 6,633
5-year population change -3%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Burlingame, CA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Burlingame $994 12,002 SF 6.74%
San Mateo $834 9,204 SF 6.74%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Burlingame $645 12,353 SF 6.74%
San Mateo $504 8,309 SF 6.74%
San Bruno $426 13,742 SF 4.70%
Nearby Retail Markets Avg Cost/SF Typical Size
Burlingame $645 4,404 SF
Hillsborough $827 14,156 SF
Millbrae $598 3,000 SF
San Mateo $765 10,538 SF
San Bruno $529 9,167 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Burlingame $686 9,590 SF 5.75%
Hillsborough $726 4,142 SF 3.74%
San Mateo $656 8,541 SF 6.50%
San Bruno $419 5,109 SF 6.58%
Belmont $597 8,171 SF 6.50%

Commercial Properties For Sale in Burlingame

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

Hillsborough Apartments

San Mateo, CA 94401

  • 3,856 SF Multifamily
  • $3,350,000
For Sale

105 Chadbourne and 75 Broadway

Millbrae, CA

  • 2.73% Cap Rate
  • $6,500,000
For Sale

871-873 Woodside Way

San Mateo, CA 94401

  • 2,897 SF Office Building
  • $1,880,000
For Sale

San Mateo Mixed-Use/Retail + Residential

San Mateo, CA 94401

  • 2,317 SF Retail Building
  • $1,648,000
For Sale

2 Arundel Rd

Burlingame, CA 94010

  • 7,182 SF Multifamily
  • 3.15% Cap Rate
  • $3,695,000
For Sale

School, Live/Work, Office, Medical Sale/Lease

San Mateo, CA 94401

  • 3,456 SF Office Building
  • 6.74% Cap Rate
  • $1,999,999

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 Burlingame pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Burlingame $801 12,811 SF
Hillsborough $755 10,019 SF
Millbrae $613 16,588 SF
San Mateo $736 8,904 SF
San Bruno $434 15,711 SF

Regional Demographic Comparison

This comparison places Burlingame 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 Burlingame or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Burlingame 30,471 12,113 43 $147,145 2 6,633 -3%
Hillsborough 10,914 3,517 50 $254,006 3 267 -4%
Millbrae 22,332 7,888 45 $141,603 3 3,114 -4%
San Mateo 100,245 38,070 41 $136,641 3 19,233 -4%
San Bruno 40,342 14,439 42 $121,956 3 6,383 -5%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Burlingame, 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 Burlingame

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

Burlingame 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 Burlingame?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Burlingame. 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 Burlingame?

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

How does Burlingame compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Burlingame. 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 Burlingame acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Burlingame, 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.

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