For Sale
Redwood City, CA
Commercial Real Estate Market Trends & Data
$627 per SF
Avg asking sale price
$42 per SF
Avg asking lease rate
24,658 SF
Avg unit lease size
12,530 SF
Avg building size for sale
4.94%
Average cap rate
Redwood City's Demographic Profile
Redwood City has 29,168 households and a median income of $139,001, 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 | 79,974 |
| # Households | 29,168 |
| Median age | 40 |
| Median household income | $139,001 |
| Avg household size | 3.0 |
| Renter-occupied housing units | 16,009 |
| 5-year population change | -4% |
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↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Redwood City | $805 | 12,830 SF | 6.70% |
| San Carlos | $864 | 7,136 SF | 6.70% |
| Belmont | $774 | 9,102 SF | 4.00% |
| Menlo Park | $913 | 8,513 SF | 6.00% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Redwood City | $535 | 10,787 SF | 6.95% |
| San Carlos | $432 | 10,868 SF | 3.10% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Redwood City | $639 | 15,812 SF |
| Atherton | $494 | 8,373 SF |
| San Carlos | $716 | 11,948 SF |
| Belmont | $733 | 12,188 SF |
| Menlo Park | $737 | 6,758 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Redwood City | $532 | 9,223 SF | 6.06% |
| Atherton | $561 | 7,983 SF | 6.06% |
| San Carlos | $505 | 12,386 SF | 6.50% |
| Belmont | $561 | 12,147 SF | 6.50% |
| Menlo Park | $705 | 18,233 SF | 4.59% |
Commercial Properties For Sale in Redwood City
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether Redwood City pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Redwood City | $627 | 12,530 SF |
| Woodside | $908 | 38,381 SF |
| Atherton | $649 | 7,233 SF |
| San Carlos | $635 | 10,852 SF |
Regional Demographic Comparison
This comparison places Redwood City 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 Redwood City or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Redwood City | 79,974 | 29,168 | 40 | $139,001 | 3 | 16,009 | -4% |
| Woodside | 4,936 | 1,789 | 52 | $240,410 | 3 | 291 | -5% |
| Emerald Hills | 24,803 | 9,249 | 47 | $203,839 | 3 | 2,591 | -5% |
| Atherton | 7,044 | 2,193 | 49 | $247,781 | 3 | 251 | -3% |
| San Carlos | 29,131 | 11,114 | 45 | $202,470 | 3 | 3,458 | -5% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Redwood City, 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 Redwood City
View All Commercial Real Estate For Sale in Redwood City
Is Redwood City a good market for a first-time commercial real estate investor?
Redwood City 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 Redwood City?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Redwood City. 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 Redwood City?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Redwood City. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does Redwood City compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Redwood City. 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 Redwood City acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Redwood City, 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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