As of August 01, 2026, the average salary for a Commercial Property Manager III in the United States is $138,539 per year, which breaks down to an hourly rate of $67.
However, a Commercial Property Manager III's salary can vary significantly. Here’s a look at the typical salary range:
Commercial Property Manager III Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
|---|---|---|---|---|
| 75th Percentile | $159,972 | $13,331 | $3,076 | $77 |
| Average | $138,539 | $11,545 | $2,664 | $67 |
| 25th Percentile | $130,178 | $10,848 | $2,503 | $63 |
A Commercial Property Manager III's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of a Commercial Property Manager III's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Commercial Property Manager I | 3-5 years | $105,856 |
| Commercial Property Manager II | 5+ years | $118,674 |
| Commercial Property Manager III | 5+ years | $138,539 |
| Area Commercial Property Manager | 5+ years | $177,534 |
| Vice President of Commercial Property Management | 5+ years | $200,151 |
Commercial Property Manager III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $155,086. While startup companies pay approximate $131,199.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $131,199 |
| Growth Stage | 51~500 | $138,759 |
| Established | 501~5000 | $149,763 |
| Enterprise | 5000+ | $155,086 |
Understanding how a Commercial Property Manager III's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $159,972 | $13,331 | $3,076 | $77 |
| Average | $138,539 | $11,545 | $2,664 | $67 |
| 25th Percentile | $130,178 | $10,848 | $2,503 | $63 |
Promotions are the fastest way to increase your earnings. As a Commercial Property Manager III, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Area Commercial Property Manager | $177,534 | 28% |
| Area Residential Property Manager | $134,111 | -3% |
Salaries for a Commercial Property Manager III can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $121,412 in 2023 to around $116,576 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Commercial Property Manager III salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 | View More |
| 2023 | $121,412 |
| 2024 | $118,124 |
| 2025 | $116,576 |
| 2026 |
View More
|
| 2027 |
View More
|
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A Commercial Property Manager III's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Commercial Property Manager III earns the most in San Jose, CA, where the annual salary of a Commercial Property Manager III is $174,739.
The highest pay for Commercial Property Manager III is $179,486.
The lowest pay for Commercial Property Manager III is $122,566.
Manages the daily operations of one or more larger or more complex commercial properties. Oversees sales/leasing, tenant relations, maintenance, and other support activities. Manages property budgets, collections, and/or property improvement initiatives. May supervise lower-level property managers. Typically requires a bachelor's degree. Typically reports to a director. Typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments.
The Aerospace & Defense industry offers the highest average compensation for Commercial Property Manager III roles, with salaries approximately 20% above the market median.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
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