Commercial Real Estate Market in Salinas, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
88 active listings and 2,862 off-market properties in Salinas, CA. Commercial property asks $61/SF to buy and $18.38/SF/Yr to lease.
Market Trends
Salinas, CA spans 327.7 square miles in Monterey County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Salinas, CA runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Salinas, CA runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Salinas, 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 Salinas, CA asks $364/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 36.4%
- Planned_development 19.1%
- Industrial 12.6%
- Mixed use 8.3%
- Open space 5.5%
- Agricultural 3.4%
- Civic 0.4%
Largest Zones share of zoned land by district
Residential Low Density
New Urbanism Interim
Public And Semi Public
Industrial General
Commercial Retail
Residential Low Density (R-L-5.5)
The purpose of the residential low density is to provide appropriately located areas for single family dwellings
Market overview
Demographics & Economy
Salinas, CA has 197,485 residents in 56,606 households. Density runs 603 people per square mile. Median household income here is $94,194 and median gross rent $1,937 a month.
197,485
Population
56,606
Households
3.5
Avg Household Size
33
Median Age
19%
College-Educated
65%
High-School Grad
327.7 sq mi
ZIP Area
603
Density / Sq Mi
$94,194
Median Household Income
$40,690
Median Earnings
$1,937
Median Rent
$648,158
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Salinas?
Commercial property in Salinas, CA asks an average of $61 per square foot. The 8 most recent recorded sales traded at a median of $329/SF. Multifamily carries the highest asking price at $364/SF.
How much does it cost to lease commercial space in Salinas?
Asking lease rates in Salinas, CA average $18.38 per square foot per year.
Where does Realmo's Salinas market data come from?
Realmo compiles Salinas, CA figures from 8 recent recorded sales, 68 active sale listings, 20 active lease listings, 2,862 tracked off-market properties, the current Salinas zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 68 active for-sale and 20 active for-lease listings in Salinas, 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: 12,534 zoned acres across 19 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
