Modesto, CA
Commercial Real Estate Market Trends & Data

$323 Avg asking sale price
$299 Avg asking lease rate
18,781 SF Avg unit lease size
37,669 SF Avg building size for sale
6.72% Average cap rate

Modesto's Demographic Profile

Modesto has 74,246 households and a median income of $74,876, providing context for rent absorption and tenant demand across retail and multifamily assets. A 0% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 218,644
# Households 74,246
Median age 37
Median household income $74,876
Avg household size 3.0
Renter-occupied housing units 32,515
5-year population change 0%

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

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Modesto $256 10,077 SF 9.33%
Salida $682 3,607 SF 8.80%
Manteca $317 16,096 SF 6.50%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Modesto $176 89,176 SF 8.80%
Salida $179 3,000 SF 8.80%
Nearby Retail Markets Avg Cost/SF Typical Size
Modesto $434 10,515 SF
Ceres $1,167 3,000 SF
Escalon $153 12,370 SF
Turlock $578 7,868 SF
Manteca $307 14,322 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Modesto $303 35,919 SF 7.36%
Turlock $212 8,507 SF 8.43%
Tracy $327 8,870 SF 6.70%
Stockton $221 13,563 SF 10.64%

Commercial Properties For Sale in Modesto

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

318 McHenry Ave

Modesto, CA 95354

  • 6,063 SF Office Building
  • 6.67% Cap Rate
  • $1,400,000
For Sale

2570 Kiernan Ave

Modesto, CA 95356

  • 7,000 SF Industrial Building
  • $2,199,000
For Sale

5462 Pirrone Rd

Salida, CA 95368

  • 3,000 SF Flex Building
  • 8.80% Cap Rate
  • $537,500
For Sale

5 Plex on J

Modesto, CA 95351

  • 3,583 SF Multifamily
  • 7.36% Cap Rate
  • $725,000
For Sale

1224 K St

Modesto, CA 95354

  • 6,480 SF Office Building
  • $949,500
For Sale

720 N 2nd St

Patterson, CA 95363

  • 2,235 SF Specialty
  • $1,199,000

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

Commercial Markets Avg Cost/SF Average Size
Modesto $323 37,669 SF
Ceres $504 70,690 SF
Salida $484 44,785 SF

Multifamily Properties For Sale in Modesto

For Sale

Allure at 2920

Modesto, CA 95356

  • 127,142 SF Multifamily
  • Price Upon Request

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

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

Modesto 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 Modesto?

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

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

How does Modesto compare to nearby commercial real estate markets?

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

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