Real Estate Project Developer (Commercial) Salary

Median pay for Commercial Real Estate Project Developers in the United States lies in the neighborhood of $87K annually. Most report receiving medical coverage from their employers and the greater part collect dental insurance. Most workers in this position report moderate levels of job satisfaction. The vast majority of Commercial Real Estate Project Developers (82 percent) survey respondents are men. This report is based on answers to PayScale's salary questionnaire.
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$47,500 - $193,463
(Median)
$48K
$87K
$190K
MEDIAN: $87,446
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$90K$180K$270K
Salary
$47,500 - $193,463  
   
Bonus
$0.00 - $52,029  
Profit Sharing
$30,000  
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).
)
$50,086 - $241,136  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 74
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Job Description for Real Estate Project Developer (Commercial)

Before running commercial real estate projects, real estate project developers must locate suitable land for commercial buildings. They are generally responsible for choosing appropriate site locations and must ensure that their projects are in compliance with any and all zoning ordinances. They may also be involved in securing loans or funds to finance these projects.

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Real Estate Project Developer (Commercial) Tasks

  • Work with city planners and municipal groups through all phases of construction.
  • Coordinate and schedule contractors, vendors and inspectors.
  • Plan and implement project budget and schedule.
  • Visit job site and ensure project is on schedule.

Real Estate Project Developer (Commercial) Job Listings

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Commercial Real Estate Project Developers who responded to the survey indicated only a few skills that they use on the job. Project Management and Real Estate are considered valuable skills and can increase employee pay. Skills that seem to negatively impact pay include Real Estate and Project Management.

Pay by Experience Level for Real Estate Project Developer (Commercial)

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


Experience is an important factor influencing the compensation of Commercial Real Estate Project Developers. The average inexperienced worker's salary is approximately $68K, and people with five to 10 years of experience bring in more at around $86K on average. Those with 10 to 20 years of experience under their belts can expect their paychecks to flourish around the six-figure median of $167K. Folks who have racked up more than 20 years in the field report incomes that aren't that much higher than less experienced individuals' earnings; the veterans make just $180K on average.

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Experience Affects Real Estate Project Developer (Commercial) Salaries

Late-Career
up arrow 99%

Experienced
up arrow 86%

National Average
$90,000

Mid-Career
up arrow 4%

Entry-Level
up arrow 25%

Skills That Affect Real Estate Project Developer (Commercial) Salaries

National Average
$90,000

Project Management
up arrow 6%

Real Estate
up arrow 19%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 6 votes.

Gender

Female
18 %
Male
82 %

Years of Experience

Less than 1 year
3%
1-4 years
21%
5-9 years
34%
10-19 years
22%
20 years or more
20%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 62%
medical benefits
Vision: 47%
dental benefits
None: 17%
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