Male Commercial Real Estate Project Developers number significantly more than their female counterparts, and average earnings in this role come out to $70K per year in the United States. A large number report receiving medical coverage from their employers and close to one-half collect dental insurance. It's exciting to note that the majority of individuals in this field enjoy their work considerably. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$41,505 - $132,767
(Median)
$42K
$70K
$130K
MEDIAN: $70,275
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$60K$120K$180K
Salary
$41,505 - $132,767  
   
Bonus
$2,909 - $99,329  
Profit Sharing
$4,000  
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).
)
$44,385 - $172,175  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 36
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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.

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

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


Folks with fewer than five years of experience take home $57K on average, and those who have worked for five to 10 years see a bigger median salary of $76K. After one to two decades on the job, professionals can reap plentiful salaries that average out to the six-figure sum of $140K. Commercial Real Estate Project Developers with more than 20 years of experience report incomes that are no higher than those with 10 to 20 years on the job.

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Experience Affects Real Estate Project Developer (Commercial) Salaries

Experienced
up arrow 96%

Late-Career
up arrow 96%

Mid-Career
up arrow 6%

National Average
$71,000

Entry-Level
up arrow 20%

Skills That Affect Real Estate Project Developer (Commercial) Salaries

Real Estate
up arrow 2%

National Average
$71,000

Project Management
up arrow 3%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 4 votes.

Years of Experience

Less than 1 year
3%
1-4 years
19%
5-9 years
43%
10-19 years
16%
20 years or more
19%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 48%
medical benefits
Vision: 45%
dental benefits
None: 10%
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