What am I worth?
Get a free salary report »
What should I pay?
Pay the right way »
Browse Categories

Real Estate Development Manager (Commercial) Salary

Commercial Real Estate Development Managers who are practiced in their profession and carry more than 10 years of experience make up a little more than half of Commercial Real Estate Development Managers. Pay fluctuates from $56K to $149K per year, but expected earnings average $91K per year. Cash earnings for Commercial Real Estate Development Managers — which occasionally include more than $29K from bonuses and more than $20K from profit sharing — stretch from around $56K to approximately $149K. There are far more male Commercial Real Estate Development Managers survey respondents than women, making up 83 percent. Almost all enjoy medical while a fair number get dental coverage. Vision coverage is also available to a majority. The majority of Commercial Real Estate Development Managers claim high levels of job satisfaction. This snapshot results from replies to PayScale's salary survey.
$51,323 - $130,188
(Median)
51K
71K
91K
110K
130K
MEDIAN: $90,651
10%
25%
50%
75%
90%

Add this chart to your site: 640px    300px

National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$51,323 - $130,188  
   
Bonus
$1,927 - $28,883  
Profit Sharing
$2,487 - $19,911  
Commission
$0.00 - $35,608  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$55,947 - $149,176  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 206
United States (change)

Job Description for Real Estate Development Manager (Commercial)

  • Complete all paperwork to submit, lease, purchase, review titles, survey, and construct site plans.
  • Act as an expert in zoning, permits, property assessment, leases, contracts, and real estate finance.
  • Develop site plans, including evaluating current conditions, estimating, and projecting future value.
  • Identify target markets and provide key data, estimates and pricing information.

Real Estate Development Manager Job Listings

Search for more jobs:

Popular Skills for Real Estate Development Manager (Commercial)


Commercial Real Estate Development Managers typically list a handful of skills they use on the job. Those who have experience with Contract Negotiation, Project Management, and Financial Analysis can expect to be compensated well for these skills. Those proficient in Financial Analysis are, more often than not, also skilled in Contract Negotiation.

Pay by Experience Level for Real Estate Development Manager (Commercial)

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For many Commercial Real Estate Development Managers, more experience generally translates to higher pay. Respondents with less than five years' experience take home $65K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $91K. Between one and two decades on the job, average salaries pass the six-figure mark at around $115K. People who have worked for more than 20 years report a median income of $122K, which is barely higher than the median for folks with 10 to 20 years of experience.

Related Job Salaries

Experience Affects Real Estate Development Manager (Commercial) Salaries



National Average
$99,000



Skills That Affect Real Estate Development Manager (Commercial) Salaries

Contract Negotiation
up arrow 3%

Project Management
0%

National Average
$99,000

Financial Analysis
up arrow 1%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 49 votes.

Gender

Female
17 %
Male
83 %

Years of Experience

1-4 years
16%
5-9 years
31%
10-19 years
38%
20 years or more
15%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 75%
vision benefits Vision: 58% employee benefits None: 8%