Commercial Real Estate Market in Rancho Santa Margarita, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
33 active listings and 479 off-market properties in Rancho Santa Margarita, CA. Commercial property asks $499/SF to buy (based on 3 listings) and $20.10/SF/Yr to lease (based on 8 listings).
Market Trends
Rancho Santa Margarita, CA spans 13.2 square miles in Orange County, California. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Rancho Santa Margarita, CA runs 20.8% across the West region in 2025, up from 11% in 2019.
Retail
Retail vacancy in Rancho Santa Margarita, CA runs 5.8% across the West region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Rancho Santa Margarita, 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 vacancy in Rancho Santa Margarita, CA runs 8.6% across the West region in 2025, up from 7% in 2022.
Market overview
Demographics & Economy
Rancho Santa Margarita, CA has 44,688 residents in 16,388 households. Density runs 3,380 people per square mile. Median household income here is $142,015 and median gross rent $2,508 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Lake Forest | $475 | $22.20 |
| Laguna Hills | $332 | $24.60 |
| Aliso Viejo | $300 (county avg) | $23.40 |
| Mission Viejo | $371 | $26.40 |
Commercial property in Rancho Santa Margarita, CA asks $499/SF. The 4 bordering markets run from $300/SF in Aliso Viejo (county figure) to $475/SF in Lake Forest, and the city sits above their $352/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Rancho Santa Margarita?
How much does it cost to lease commercial space in Rancho Santa Margarita?
How does Rancho Santa Margarita compare to nearby markets on price?
Where does Realmo's Rancho Santa Margarita market data come from?
Methodology & data sources
- Asking prices and medians
- There are 14 active for-sale and 19 active for-lease listings in Rancho Santa Margarita, CA. The medians are based on 3 of the for-sale and 8 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
