San Jose, CA Commercial Real Estate Market Trends

Commercial Real Estate Market Report

This page provides a high-level view of commercial real estate conditions in San Jose, combining current pricing, property scale, and active inventory to support early market evaluation.

Explore Commercial Properties in San Jose

Browse properties currently for sale or lease to see how local market pricing and building sizes translate into real opportunities.

 

San Jose's Demographic Profile

With a population of 946,578 and a median household income of $130,163, these metrics help investors gauge whether San Jose's pricing reflects local demand fundamentals.

Key Demographic Metrics Value
Population 946,578
# Households 306,554
Median age 39
Median household income $130,163
Avg household size 3
Renter-occupied housing units 142,935
5-year population change -4%

Commercial Real Estate Market Snapshot in San Jose

These market metrics outline current pricing, typical deal size, and observed cap rate ranges, giving investors a quick read on entry costs and high-level underwriting expectations.

Key Market Metrics Value
Avg asking sale price $590 per SF
Avg asking lease rate $36 per SF
Avg unit size for lease 13,369 SF
Avg building size for sale 14,815 SF
Average cap rate 5.34%

In San Jose, commercial properties are currently listed at an average sale price of $590 per square foot, with average lease rates around $36 per square foot. Typical leased spaces are approximately 13,369 SF, while properties for sale average 14,815 SF in building size. Observed cap rates average 5.34%, offering a reference point for return expectations relative to pricing and deal scale.

 

Commercial Properties For Sale In San Jose

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

1561 Buckeye Dr

Milpitas, CA 95035

  • 44,815 SF Flex Building
For Sale

Owner User/Investment Opportunity DTSJ

San Jose, CA 95110

  • 30,000 SF Office Building
  • 5.39% Cap Rate
  • $8,349,000
For Sale

Forestdale Ave Apartments Portfolio

San Jose, CA

  • 4.33% Cap Rate
  • $5,195,000
For Sale

1941-1945 Las Plumas Ave

San Jose, CA 95133

  • 10,260 SF Industrial Building
  • $4,280,000
For Sale

1931-1935 Las Plumas Ave

San Jose, CA 95133

  • 9,283 SF Industrial Building
  • $4,750,000
For Sale

270 San Jose Ave

San Jose, CA 95125

  • 3,200 SF Industrial Building
  • $1,495,000
For Sale

1863 Alum Rock Ave

San Jose, CA 95116

  • 14,000 SF Office Building
  • $1,375,000
For Sale

750 Camden Ave

Campbell, CA 95008

  • 25,572 SF Office Building
  • 3.65% Cap Rate
  • $8,495,000

 

Commercial Market Metrics by Property Type

Office Building Market Metrics Near San Jose

Office market metrics highlight how pricing, typical deal size, and return expectations vary across submarkets, helping investors compare entry costs and yield potential efficiently.

Nearby Office Markets Avg Cost/SF Typical Size Cap Max
San Jose $585 5,283 SF 7.22%
Campbell $717 4,982 SF 7.22%

Industrial Property Market Metrics Near San Jose

Industrial market data shows how cost per square foot and typical building size differ by submarket, supporting comparisons around deal scale and pricing alignment.

Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
San Jose $483 23,135 SF 7.07%
Milpitas $421 12,349 SF 6.40%
Santa Clara $452 17,861 SF 7.00%
Sunnyvale $598 15,255 SF 5.15%

 

Retail Property Market Metrics Near San Jose

Retail pricing varies widely across nearby markets, making this comparison useful for identifying where cost per square foot and deal size diverge most.

Nearby Retail Markets Avg Cost/SF Typical Size
San Jose $734 10,343 SF
Campbell $1,012 2,718 SF
Milpitas $506 8,082 SF
Santa Clara $816 10,491 SF
Los Gatos $934 7,812 SF

Multifamily Property Market Metrics Near San Jose

Multifamily metrics show how pricing and building size relate to observed cap rate ranges, helping investors evaluate income potential relative to entry cost.

Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
San Jose $481 10,443 SF 7.68%
Santa Clara $551 7,757 SF 5.19%
Sunnyvale $514 13,197 SF 5.35%
Mountain View $517 21,449 SF 5.49%
Palo Alto $590 34,792 SF 5.49%

 

How Investors Evaluate Commercial Real Estate Markets in San Jose

Use these tools to move from market-level signals to deal-level math. Each calculator helps translate San Jose pricing, rents, and building size into concrete metrics like value, income, and space requirements, so you can validate assumptions before spending time on individual listings.

 

Nearby Commercial Markets

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

Commercial Markets Avg Cost/SF Average Size
San Jose $590 14,815 SF
Campbell $717 7,392 SF
Milpitas $439 10,818 SF
Santa Clara $584 16,360 SF
Los Gatos $981 13,057 SF

Multifamily For Sale In San Jose

Multifamily listings shown here connect market pricing and cap rate patterns with income-producing opportunities currently available.
For Sale

DEC. $148,000 PRICE REDUCTION

San Jose, CA

  • $948,000
For Sale

DEC. PRICE REDUCTION-2 Office Condos 4-Sale

San Jose, CA 95112

  • 63,720 SF Multifamily
  • $450,000 - $498,000

Regional Demographic Comparison

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

City Population # Households Age MedianHouseholdIncome AvgHouseholdSize RenterOccupiedHousingUnits FiveYrPopGrowthPct
San Jose 946,578 306,554 39 $130,163 3 142,935 -4%
Campbell 39,919 15,775 41 $134,388 2 8,128 -4%
Milpitas 76,186 23,722 39 $163,030 3 10,214 -3%
Santa Clara 126,841 46,683 37 $158,769 3 28,064 -3%
Los Gatos 31,443 12,043 47 $186,857 3 4,376 -4%

FAQs About Commercial Investing in San Jose

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

San Jose 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 Jose?

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

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

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

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

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