Commercial Real Estate Market in Norco, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
30 active listings and 660 off-market properties in Norco, CA. Commercial property asks $1,352/SF to buy and $22.20/SF/Yr to lease.
Market Trends
Norco, CA spans 14.1 square miles in Riverside County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Norco, CA asks $344/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 Norco, CA asks $292/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 Norco, 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 Norco, CA asks $139/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
- Commercial 64.8%
- Open space 10.3%
- Residential 3.1%
- Civic 2.3%
- Industrial 1.2%
Largest Zones share of zoned land by district
Agricultural Low Density 20000 Square Feet
Specific Plan Norco Ridge Ranch
Open Space
Preservation And Development
Commercial General
Norco, CA zones 8,904 acres across 21 districts. Commercial zoning covers 64.8% of zoned land, residential 3.1%, open space 10.3% and industrial 1.2%. The largest single district is Agricultural Low Density 20000 Square Feet at 43.7%. For commercial buyers the practical constraint is that only 66% of land carries a commercial or industrial designation.
Agricultural Low Density 20000 Square Feet (A-1-20)
It is hereby found and declared that the city of Norco lies in a natural setting of rural, scenic and historical beauty that this rural environment generates a strong characteristic for development of Norco as a new equestrian focal point in southern California that this unique rural environment and historically significant location contributes a material ec…
Market overview
Demographics & Economy
Norco, CA has 26,376 residents in 7,073 households. Density runs 1,868 people per square mile. Median household income here is $125,371 and median gross rent $1,893 a month.
26,376
Population
7,073
Households
3.7
Avg Household Size
41
Median Age
21%
College-Educated
86%
High-School Grad
14.1 sq mi
ZIP Area
1,868
Density / Sq Mi
$125,371
Median Household Income
$49,188
Median Earnings
$1,893
Median Rent
$732,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Corona | — | $23.31 |
| Eastvale | — | — |
| Chino | — | $21.52 |
| Jurupa Valley | — | — |
Commercial property in Norco, CA asks $1,352/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Norco?
Commercial property in Norco, CA asks an average of $1,352 per square foot. The 4 most recent recorded sales traded at a median of $1,700/SF. Office carries the highest asking price at $344/SF.
How much does it cost to lease commercial space in Norco?
Asking lease rates in Norco, CA average $22.20 per square foot per year.
What zoning applies to commercial property in Norco?
Norco, CA zones 8,904 acres across 21 districts, of which 64.8% is commercial and 1.2% industrial. The largest single district is Agricultural Low Density 20000 Square Feet at 43.7% of zoned land. It is hereby found and declared that the city of Norco lies in a natural setting of rural, scenic and historical beauty that this rural environment generates a strong characteristic for development of Norco as a new equestrian focal point in southern California that this unique rural environment and historically significant location contributes a material ec… Residential zoning covers 3.1% and open space 10.3%.
Where does Realmo's Norco market data come from?
Realmo compiles Norco, CA figures from 7 recent recorded sales, 16 active sale listings, 14 active lease listings, 660 tracked off-market properties, the current Norco zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 16 active for-sale and 14 active for-lease listings in Norco, 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: 8,904 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
