Commercial Real Estate Market in Kerman, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
17 active listings and 306 off-market properties in Kerman, CA.
Market Trends
Kerman, CA spans 162.2 square miles in Fresno County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Kerman, CA asks $158/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 Kerman, CA asks $148/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 Kerman, 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 Kerman, CA asks $178/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 45.8%
- Industrial 29%
- Planned_development 8.8%
- Commercial 7.7%
- Agricultural 6.5%
- Mixed use 0.7%
Largest Zones share of zoned land by district
Heavy Manufacturing
Single Family Residential
General Commercial
Single Family Residential 7000 Square Feet Min Lot
Planned Development Residential Single Family
Kerman, CA zones 1,732 acres across 24 districts. Commercial zoning covers 7.7% of zoned land, residential 45.8% and industrial 29%. The largest single district is Heavy Manufacturing at 24.5%. For commercial buyers the practical constraint is that only 36.8% of land carries a commercial or industrial designation.
Heavy Manufacturing (M-2)
M-2 - Heavy Manufacturing. The purpose of the heavy manufacturing (M-2) zone is to provide for the development of a full range of compatible industrial uses and to provide for the design and operation of these uses in a manner which is physically attractive, does not conflict with other uses in or surrounding the district, and is compatible with the physical…
Market overview
Demographics & Economy
Kerman, CA has 21,103 residents in 6,265 households. Density runs 130 people per square mile. Median household income here is $60,388 and median gross rent $1,187 a month.
21,103
Population
6,265
Households
3.4
Avg Household Size
31
Median Age
15%
College-Educated
60%
High-School Grad
162.2 sq mi
ZIP Area
130
Density / Sq Mi
$60,388
Median Household Income
$34,489
Median Earnings
$1,187
Median Rent
$343,400
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Kerman?
Commercial property in Kerman, CA asks an average of $195 per square foot. The 4 most recent recorded sales traded at a median of $177/SF, so asking sits 10% above the achieved median. Multifamily carries the highest asking price at $178/SF.
What zoning applies to commercial property in Kerman?
Kerman, CA zones 1,732 acres across 24 districts, of which 7.7% is commercial and 29% industrial. The largest single district is Heavy Manufacturing at 24.5% of zoned land. M-2 - Heavy Manufacturing. The purpose of the heavy manufacturing (M-2) zone is to provide for the development of a full range of compatible industrial uses and to provide for the design and operation of these uses in a manner which is physically attractive, does not conflict with other uses in or surrounding the district, and is compatible with the physical… Residential zoning covers 45.8% and open space 0%.
Where does Realmo's Kerman market data come from?
Realmo compiles Kerman, CA figures from 5 recent recorded sales, 13 active sale listings, 4 active lease listings, 306 tracked off-market properties, the current Kerman zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 13 active for-sale and 4 active for-lease listings in Kerman, 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: 1,732 zoned acres across 24 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
