Commercial Real Estate Market in Tracy, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
82 active listings and 1,809 off-market properties in Tracy, CA. Commercial property asks $682/SF to buy and $33.00/SF/Yr to lease.
Market Trends
Tracy, CA spans 297.9 square miles in San Joaquin County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Tracy, CA runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Tracy, CA runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Tracy, 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 Tracy, CA asks $270/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
- Planned_development 23.3%
- Residential 22.2%
- Industrial 17.7%
- Commercial 2.7%
- Open space 2%
- Agricultural 0.7%
Largest Zones share of zoned land by district
Planned Unit Development Zone
Tracy Hills Specific Plan Zone
Low Density Residential Zone
Light Industrial Zone
Cordes Ranch Specific Plan Zone
Planned Unit Development Zone (PUD)
The Planned Unit Development (PUD)Zoneallows a singlezoningdistrict to combine a variety of uses, densities, and design characteristic
Market overview
Demographics & Economy
Tracy, CA has 129,290 residents in 39,267 households. Density runs 434 people per square mile. Median household income here is $131,898 and median gross rent $2,506 a month.
129,290
Population
39,267
Households
3.3
Avg Household Size
35
Median Age
30%
College-Educated
85%
High-School Grad
297.9 sq mi
ZIP Area
434
Density / Sq Mi
$131,898
Median Household Income
$57,939
Median Earnings
$2,506
Median Rent
$724,886
Median Home Value
Tools
Nearby Markets
Commercial property in Tracy, CA asks $682/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Tracy?
Commercial property in Tracy, CA asks an average of $682 per square foot. Multifamily carries the highest asking price at $270/SF.
How much does it cost to lease commercial space in Tracy?
Asking lease rates in Tracy, CA average $33.00 per square foot per year.
Where does Realmo's Tracy market data come from?
Realmo compiles Tracy, CA figures from 3 recent recorded sales, 48 active sale listings, 34 active lease listings, 1,809 tracked off-market properties, the current Tracy zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 48 active for-sale and 34 active for-lease listings in Tracy, 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: 16,619 zoned acres across 24 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
