Commercial Real Estate Market in Modesto, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
219 active listings and 4,294 off-market properties in Modesto, CA. Commercial property asks $70/SF to buy and $17.31/SF/Yr to lease.
Market Trends
Modesto, CA spans 212.6 square miles in Stanislaus County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Modesto, CA runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Modesto, CA runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Modesto, 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 Modesto, CA asks $287/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 48.1%
- Planned_development 26.8%
- Industrial 5.8%
- Commercial 3.5%
- Mixed use 1.6%
Largest Zones share of zoned land by district
Low Density Residential
Planned Development
Specific Plan
Medium Density Residential
Light Industrial
Planned Development (P-D-592-1)
The P-D Zone is intended to encourage creative and efficient land uses, mixed or multiple use projects, to permit variations from the density, height and other standards in the various zones where needed to accomplish unique development and to permit development based on a high standard of performance and design
Market overview
Demographics & Economy
Modesto, CA has 271,007 residents in 90,801 households. Density runs 1,275 people per square mile. Median household income here is $75,794 and median gross rent $1,587 a month.
271,007
Population
90,801
Households
3
Avg Household Size
36
Median Age
19%
College-Educated
81%
High-School Grad
212.6 sq mi
ZIP Area
1,275
Density / Sq Mi
$75,794
Median Household Income
$42,026
Median Earnings
$1,587
Median Rent
$403,951
Median Home Value
Tools
Nearby Markets
Commercial property in Modesto, CA asks $70/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Modesto?
Commercial property in Modesto, CA asks an average of $70 per square foot. Multifamily carries the highest asking price at $287/SF.
How much does it cost to lease commercial space in Modesto?
Asking lease rates in Modesto, CA average $17.31 per square foot per year.
Where does Realmo's Modesto market data come from?
Realmo compiles Modesto, CA figures from 4 recent recorded sales, 136 active sale listings, 83 active lease listings, 4,294 tracked off-market properties, the current Modesto zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 136 active for-sale and 83 active for-lease listings in Modesto, 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: 28,903 zoned acres across 432 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 · How Realmo checks market page data · Report a data issue
