Commercial Real Estate Market in Albany, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
13 active listings and 369 off-market properties in Albany, CA.
Market Trends
Albany, CA spans 5.4 square miles in Alameda County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Albany, CA asks $503/SF to buy. Vacancy runs 20.8% across the West region in 2025, up from 11% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Retail
Retail space in Albany, CA asks $322/SF to buy. Vacancy runs 5.8% across the West region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Industrial
Industrial vacancy in Albany, CA runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily space in Albany, CA asks $391/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 62.2%
- Commercial 23%
- Civic 8.6%
- Mixed use 6.3%
Largest Zones share of zoned land by district
Residential Single Family
Waterfront
Residential Medium Density
Public Facilities
Residential High Density
Albany, CA zones 1,009 acres across 10 districts. Commercial zoning covers 23% of zoned land, residential 62.2%. The largest single district is Residential Single Family at 43.6%. For commercial buyers the practical constraint is that only 23% of land carries a commercial or industrial designation.
Residential Single Family (R-1)
Residential Single Family District (R-1): The Residential Single Family District provides opportunities for low-density residential development on individual lots. The district corresponds to the Low Density Residential designation in the General Plan Land Use Element. 2. Residential Medium Density District (R-2): The Residential Medium Density District prov…
Market overview
Demographics & Economy
Albany, CA has 43,467 residents in 17,868 households. Density runs 8,070 people per square mile. Median household income here is $150,329 and median gross rent $2,431 a month.
43,467
Population
17,868
Households
2.4
Avg Household Size
41
Median Age
77%
College-Educated
97%
High-School Grad
5.4 sq mi
ZIP Area
8,070
Density / Sq Mi
$150,329
Median Household Income
$83,859
Median Earnings
$2,431
Median Rent
$1,294,240
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Berkeley | $387 (county avg) | $29.69 |
| Emeryville | $387 (county avg) | — |
Commercial property in Albany, CA asks $387/SF. The 2 bordering markets run from $387/SF in Berkeley to $387/SF in Berkeley, and the city sits in line with their $387/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Albany?
Commercial property in Albany, CA asks an average of $387 per square foot. The 5 most recent recorded sales traded at a median of $674/SF. Office carries the highest asking price at $503/SF.
How does Albany compare to nearby markets on price?
Albany, CA asks $387/SF against $387/SF in Berkeley and $387/SF in Emeryville.
What zoning applies to commercial property in Albany?
Albany, CA zones 1,009 acres across 10 districts, of which 23% is commercial and 0% industrial. The largest single district is Residential Single Family at 43.6% of zoned land. Residential Single Family District (R-1): The Residential Single Family District provides opportunities for low-density residential development on individual lots. The district corresponds to the Low Density Residential designation in the General Plan Land Use Element. 2. Residential Medium Density District (R-2): The Residential Medium Density District prov… Residential zoning covers 62.2% and open space 0%.
Where does Realmo's Albany market data come from?
Realmo compiles Albany, CA figures from 6 recent recorded sales, 11 active sale listings, 2 active lease listings, 369 tracked off-market properties, the current Albany zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 11 active for-sale and 2 active for-lease listings in Albany, CA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 1,009 zoned acres across 10 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
