Commercial Real Estate Market in Santa Maria, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
103 active listings and 2,319 off-market properties in Santa Maria, CA. Commercial property asks $530/SF to buy and $20.40/SF/Yr to lease.
Market Trends
Santa Maria, CA spans 565.0 square miles in Santa Barbara County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Santa Maria, CA asks $486/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 Santa Maria, CA asks $1/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 Santa Maria, 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 Santa Maria, CA asks $826/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
Market overview
Demographics & Economy
Santa Maria, CA has 146,203 residents in 42,933 households. Density runs 259 people per square mile. Median household income here is $87,342 and median gross rent $1,941 a month.
146,203
Population
42,933
Households
3.4
Avg Household Size
33
Median Age
19%
College-Educated
69%
High-School Grad
565 sq mi
ZIP Area
259
Density / Sq Mi
$87,342
Median Household Income
$38,644
Median Earnings
$1,941
Median Rent
$499,963
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Santa Maria?
Commercial property in Santa Maria, CA asks an average of $530 per square foot. Multifamily carries the highest asking price at $826/SF.
How much does it cost to lease commercial space in Santa Maria?
Asking lease rates in Santa Maria, CA average $20.40 per square foot per year.
Where does Realmo's Santa Maria market data come from?
Realmo compiles Santa Maria, CA figures from 8 recent recorded sales, 76 active sale listings, 27 active lease listings, 2,319 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 76 active for-sale and 27 active for-lease listings in Santa Maria, 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.
- 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
