Average Real Estate Development Manager (Commercial) Salary

$99,103
Avg. SalaryShow Hourly Rate
$14,250
Bonus
$29,000
Commission
$9,721
Profit Sharing
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The average salary for a Real Estate Development Manager (Commercial) is $99,103.
10%
$59k
MEDIAN
$99k
90%
$158k
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United States (change)
Salary
$59k - $158k
Bonus
$4k - $38k
Profit Sharing
$2k - $30k
Commission
$0 - $29k
Total Pay
$53k - $193k

Your Market Worth Over Time

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Job Description for Real Estate Development Manager (Commercial)

Real Estate Development Manager (Commercial) Tasks
  • Develop site plans, including evaluating current conditions, estimating, and projecting future value.
  • Identify target markets and provide key data, estimates and pricing information.
  • 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.

Job Satisfaction for Real Estate Development Manager (Commercial)

4.1 out of 5
(42)
Highly Satisfied
2Reviews

Real Estate Development Manager (Commercial) Job Listings

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Popular Skills for Real Estate Development Manager (Commercial)

Skills in Contract Negotiation and Real Estate are correlated to pay that is above average. Skills that pay less than market rate include Financial Modeling, Financial Analysis and Project Management.

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

An entry-level Real Estate Development Manager (Commercial) with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $64,964 based on 8 salaries. An early career Real Estate Development Manager (Commercial) with 1-4 years of experience earns an average total compensation of $77,578 based on 74 salaries. A mid-career Real Estate Development Manager (Commercial) with 5-9 years of experience earns an average total compensation of $90,126 based on 71 salaries. An experienced Real Estate Development Manager (Commercial) with 10-19 years of experience earns an average total compensation of $122,550 based on 87 salaries. In their late career (20 years and higher), employees earn an average total compensation of $148,315.
Employees with Real Estate Development Manager (Commercial) in their job title in Washington, District of Columbia earn an average of 28.6% more than the national average. These job titles also find higher than average salaries in Los Angeles, California (19.9% more) and Charlotte, North Carolina (2.9% more). The lowest salaries can be found in Phoenix, Arizona (4.1% less) and Houston, Texas (2.1% less).

Years of Experience

This data is based on 288 survey responses.
Entry Level
2.8%
Early Career
25.7%
Mid Career
24.7%
Experienced
30.2%
Late Career
16.7%