Castro Valley, CA
Commercial Real Estate Market Trends & Data

$428 Avg asking sale price
$166 Avg asking lease rate
23,313 SF Avg unit lease size
8,930 SF Avg building size for sale
7.07% Average cap rate

Castro Valley's Demographic Profile

Castro Valley has 21,444 households and a median income of $124,324, providing context for rent absorption and tenant demand across retail and multifamily assets. A -4% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 61,420
# Households 21,444
Median age 44
Median household income $124,324
Avg household size 3.0
Renter-occupied housing units 7,225
5-year population change -4%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Castro Valley, CA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Castro Valley $484 5,670 SF 19.27%
Hayward $452 6,852 SF 19.27%
San Ramon $378 9,553 SF 7.00%
San Leandro $425 7,778 SF 7.68%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Hayward $350 18,982 SF 6.20%
San Ramon $360 101,170 SF 5.00%
San Leandro $241 16,570 SF 7.24%
Nearby Retail Markets Avg Cost/SF Typical Size
Castro Valley $387 7,839 SF
Hayward $380 11,016 SF
San Ramon $463 4,268 SF
San Lorenzo $576 5,693 SF
San Leandro $448 7,131 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Castro Valley $552 9,920 SF 7.68%
Hayward $519 10,191 SF 6.90%
San Leandro $363 13,420 SF 7.68%
Union City $766 4,179 SF 5.33%
Pleasanton $460 8,684 SF 3.32%

Commercial Properties For Sale in Castro Valley

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

16294-16298 Foothill Blvd

San Leandro, CA 94578

  • 7,424 SF Multifamily
  • 5.18% Cap Rate
  • $2,250,000
For Sale

Casa Bret Harte Apartments

Hayward, CA 94541

  • 18,710 SF Multifamily
  • 5.81% Cap Rate
  • $4,750,000
For Sale

Pete's Gear Shop

Hayward, CA 94541

  • 6,700 SF Industrial Building
  • $2,250,000
For Sale

15179 Hesperian Blvd

San Leandro, CA 94578

  • 2,864 SF Retail Building
  • $1,500,000
For Sale

542 A St

Hayward, CA 94541

  • 2,053 SF Office Building
  • 19.27% Cap Rate
  • $1,499,000
For Sale

1041 McKeever Ave

Hayward, CA 94541

  • 1,500 SF Office Building
  • $1,250,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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Master Lease Strategies
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A practical guide to finding qualified industrial tenants, from building your tenant profile to tenant screening and closing the lease.
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A practical guide to using bonus depreciation to reduce tax liability, improve cash flow, and plan property improvements with timing strategies in mind.
Accelerated Depreciation in Commercial Real Estate
Accelerated Depreciation in Commercial Real Estate
Understand how accelerated depreciation works, which method fits your deal, and how to avoid the tax pitfalls that catch most investors off guard.

Nearby Commercial Markets

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

Commercial Markets Avg Cost/SF Average Size
Castro Valley $428 8,930 SF
Hayward $382 14,078 SF
San Ramon $376 18,332 SF
San Lorenzo $395 14,293 SF
San Leandro $362 12,376 SF

Regional Demographic Comparison

This comparison places Castro Valley 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 Castro Valley or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Castro Valley 61,420 21,444 44 $124,324 3 7,225 -4%
Hayward 156,289 48,006 39 $100,292 3 22,879 -3%
San Ramon 78,955 26,671 42 $186,264 3 8,328 -1%
San Lorenzo 23,363 7,063 43 $99,753 3 1,981 -4%
San Leandro 84,814 29,513 43 $91,184 3 13,441 -4%

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

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

Castro Valley 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 Castro Valley?

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

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

How does Castro Valley compare to nearby commercial real estate markets?

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

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