San Jose, CA
Commercial Real Estate Market Trends & Data

$564 per SF Avg asking sale price
$36 per SF Avg asking lease rate
17,035 SF Avg unit lease size
28,428 SF Avg building size for sale
5.36% Average cap rate

San Jose's Demographic Profile

San Jose has 306,554 households and a median income of $130,163, 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 946,578
# Households 306,554
Median age 39
Median household income $130,163
Avg household size 3.0
Renter-occupied housing units 142,935
5-year population change -4%

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↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
San Jose $590 11,553 SF 6.63%
Campbell $694 6,106 SF 4.68%
Santa Clara $652 22,370 SF 7.60%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
San Jose $444 40,511 SF 7.79%
Campbell $566 18,761 SF 4.68%
Milpitas $408 79,991 SF 6.40%
Nearby Retail Markets Avg Cost/SF Typical Size
San Jose $688 9,552 SF
Campbell $1,030 17,522 SF
Milpitas $425 3,713 SF
Santa Clara $1,053 17,093 SF
Monte Sereno $849 4,065 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
San Jose $490 22,095 SF 7.00%
Campbell $471 66,218 SF 4.76%
Santa Clara $529 6,928 SF 5.25%
Los Gatos $348 309,200 SF 4.49%
Sunnyvale $561 8,701 SF 5.25%

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
  • $20,166,750
For Sale

2096 Lincoln Ave

San Jose, CA 95125

  • 2,550 SF Retail Building
  • 5.01% Cap Rate
  • $1,595,000
For Sale

202 W Alma Ave

San Jose, CA 95110

  • 2,804 SF Office Building
  • $800,000
For Sale

1,512 SF Medical Office Owner User Opp.

San Jose, CA 95128

  • 1,512 SF Office Building
  • $1,750,000
For Sale

2498 Stevens Creek Blvd

San Jose, CA 95128

  • 1,482 SF Office Building
  • $2,350,000
For Sale

2355 S Bascom Ave

Campbell, CA 95008

  • 2,234 SF Retail Building
  • $5,500,000

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

Commercial Markets Avg Cost/SF Average Size
San Jose $564 28,428 SF
Campbell $675 36,171 SF
Milpitas $574 95,630 SF
Santa Clara $693 33,678 SF
Monte Sereno $813 5,614 SF

Multifamily Properties For Sale in San Jose

For Sale

Aviara

San Jose, CA 95116

  • 39,190 SF Multifamily
  • 5.00% Cap Rate
  • $20,000,000
For Sale

Retail/ Shopping Center

San Jose, CA 95110

  • 276,890 SF Multifamily
  • $1,599,000
For Sale

1470 W San Carlos St

San Jose, CA 95126

  • 200,000 SF Multifamily
  • Price Upon Request

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 Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
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%
Monte Sereno 3,137 1,105 52 $246,953 3 170 -3%

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

Nearby Market Trends