Commercial Real Estate Market in Carmichael, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
48 active listings and 716 off-market properties in Carmichael, CA. Commercial property asks $251/SF to buy (based on 9 listings) and $18.00/SF/Yr to lease (based on 3 listings).
Market Trends
Carmichael, CA spans 17.1 square miles in Sacramento County, California. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Carmichael, CA runs 20.8% across the West region in 2025, up from 11% in 2019.
Retail
Retail space in Carmichael, CA has a median asking sale price of $97/SF (based on 4 listings). Vacancy runs 5.8% across the West region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Carmichael, 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%.
Multifamily
Multifamily space in Carmichael, CA has a median asking sale price of $313/SF (based on 5 listings). Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Market overview
Demographics & Economy
Carmichael, CA has 87,240 residents in 36,129 households. Density runs 5,094 people per square mile. Median household income here is $78,289 and median gross rent $1,556 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Rancho Cordova | $205 | $18.90 |
| North Highlands | $269 | $8.16 |
| Fair Oaks | $295 | $19.20 |
| Citrus Heights | $254 | $15.00 |
Commercial property in Carmichael, CA asks $251/SF. The 4 bordering markets run from $205/SF in Rancho Cordova to $295/SF in Fair Oaks, and the city sits below their $262/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Carmichael?
How much does it cost to lease commercial space in Carmichael?
How does Carmichael compare to nearby markets on price?
Where does Realmo's Carmichael market data come from?
Methodology & data sources
- Asking prices and medians
- There are 15 active for-sale and 33 active for-lease listings in Carmichael, CA. The medians are based on 9 of the for-sale and 3 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 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 31 October 2026 · How Realmo checks market page data · Report a data issue
