San Carlos, CA
Commercial Real Estate Market Trends & Data

$659 Avg asking sale price
$70 Avg asking lease rate
39,084 SF Avg unit lease size
9,090 SF Avg building size for sale
4.87% Average cap rate

San Carlos's Demographic Profile

San Carlos has 11,114 households and a median income of $202,470, providing context for rent absorption and tenant demand across retail and multifamily assets. A -5% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 29,131
# Households 11,114
Median age 45
Median household income $202,470
Avg household size 3.0
Renter-occupied housing units 3,458
5-year population change -5%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near San Carlos, CA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
San Carlos $865 5,550 SF 6.70%
Belmont $774 9,102 SF 4.00%
San Mateo $847 8,808 SF 6.74%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
San Carlos $489 10,546 SF 3.10%
San Mateo $504 8,309 SF 6.74%
Nearby Retail Markets Avg Cost/SF Typical Size
San Carlos $739 7,722 SF
Belmont $733 5,790 SF
Foster City $683 28,182 SF
San Mateo $765 10,538 SF
Atherton $592 6,148 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
San Carlos $586 8,529 SF 6.50%
Belmont $597 8,171 SF 6.50%
San Mateo $656 8,541 SF 6.50%
Atherton $502 4,906 SF 6.06%
Redwood City $558 6,489 SF 6.06%

Commercial Properties For Sale in San Carlos

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

993 Laurel St

San Carlos, CA 94070

  • 17,853 SF Office Building
  • Price Upon Request
For Sale

550 Price Ave

Redwood City, CA 94063

  • 6,380 SF Office Building
  • $4,295,000
For Sale

5-Unit DOWNTOWN REDWOOD CITY MULTIFAMILY

Redwood City, CA 94063

  • 5,000 SF Multifamily
  • 4.70% Cap Rate
  • $2,500,000
For Sale

1220 Sixth Ave

Belmont, CA 94002

  • 2,916 SF Multifamily
  • 5.66% Cap Rate
  • $2,798,950
For Sale

778 El Camino Real

San Carlos, CA 94070

  • 9,947 SF Retail Building
  • $3,995,000
For Sale

1176 Laurel St

San Carlos, CA 94070

  • 2,080 SF Retail Building
  • $2,800,000

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

Commercial Markets Avg Cost/SF Average Size
San Carlos $659 9,090 SF
Belmont $626 8,371 SF
Foster City $797 15,421 SF
San Mateo $734 8,999 SF

Regional Demographic Comparison

This comparison places San Carlos 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 San Carlos or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
San Carlos 29,131 11,114 45 $202,470 3 3,458 -5%
Belmont 26,328 9,855 43 $183,212 3 4,005 -5%
Emerald Hills 24,803 9,249 47 $203,839 3 2,591 -5%
Foster City 31,828 12,129 42 $177,397 3 5,862 -4%
San Mateo 100,245 38,070 41 $136,641 3 19,233 -4%

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

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

San Carlos 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 San Carlos?

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

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

How does San Carlos compare to nearby commercial real estate markets?

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

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