274 Commercial Real Estate Listings in Livermore, CA

Livermore, CA Economic Overview

Livermore is located in Alameda County, on the eastern edge of the San Francisco Bay Area, and is the most populated city in the Tri-Valley region. Neighboring cities include Pleasanton, San Ramon, Diablo, Norris Canyon, and Sunol. Home to over 85,000 residents, this 27-square-mile city is just 30 miles southeast of Oakland, 29 miles from San Jose, and 43 miles from San Francisco. The commercial real estate market in Livermore is driven by its diverse mix of high tech research industry, its desirable location in the Tri-Valley area, and nearness to local vineyards.

Livermore is a vital hub in the Bay Area's entrepreneurial environment, due to its robust research and development infrastructure. Home to the world-class Lawrence Livermore National Laboratory and Sandia National Laboratories, the area is a magnet for highly skilled people who come to live, work, and participate in the innovative methods of collaborative research in both the private sector and academia.

With a median household income of nearly $101,000/year and an unemployment rate of only 3.2%, the economy of Livermore is exceptionally strong. Over the next five years, the population of Livermore is projected to grow by nearly 12%, as both residents and business take advantage of the area's proximity to the major metropolitan areas and the business-friendly nature of the city.