Commercial Real Estate Market in Burlingame, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
65 active listings and 1,169 off-market properties in Burlingame, CA. Commercial property asks $752/SF to buy and $12.89/SF/Yr to lease.
Market Trends
Burlingame, CA spans 15.1 square miles in San Mateo County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Burlingame, CA asks $482/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 Burlingame, CA asks $538/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 Burlingame, 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 Burlingame, CA asks $671/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 41.2%
- Industrial 7%
- Commercial 6.9%
- Mixed use 5.8%
- Civic 4.6%
- Open space 4.5%
Largest Zones share of zoned land by district
Low Density Residential
Tidal Plain And Bay
Innovation Industrial
Bayfront Commercial
Public And Institutional
Low Density Residential (R1)
Low Density Residential Zoning District (R-1) Purpose. The R-1 zoning district is intended to provide areas for detached single-unit and accessory dwelling units and ancillary structures. This zoning district implements the General Plan Low Density Residential designation. C. Medium Density Residential Zoning District (R-2) Purpose. The R-2 zoning district i…
Market overview
Demographics & Economy
Burlingame, CA has 44,045 residents in 17,834 households. Density runs 2,913 people per square mile. Median household income here is $191,758 and median gross rent $2,655 a month.
44,045
Population
17,834
Households
2.5
Avg Household Size
42
Median Age
69%
College-Educated
96%
High-School Grad
15.1 sq mi
ZIP Area
2,913
Density / Sq Mi
$191,758
Median Household Income
$101,100
Median Earnings
$2,655
Median Rent
$2,000,001
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Millbrae | — | $41.02 |
| San Mateo | — | $26.57 |
| San Bruno | — | — |
Commercial property in Burlingame, CA asks $752/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Burlingame?
Commercial property in Burlingame, CA asks an average of $752 per square foot. The 4 most recent recorded sales traded at a median of $936/SF. Multifamily carries the highest asking price at $671/SF.
How much does it cost to lease commercial space in Burlingame?
Asking lease rates in Burlingame, CA average $12.89 per square foot per year.
Where does Realmo's Burlingame market data come from?
Realmo compiles Burlingame, CA figures from 6 recent recorded sales, 15 active sale listings, 50 active lease listings, 1,169 tracked off-market properties, the current Burlingame zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 15 active for-sale and 50 active for-lease listings in Burlingame, 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.
- 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: 3,064 zoned acres across 21 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
