Utah Commercial Real Estate Market Report

As of September 2026 · 432 active listings across 106 cities

Active listings
432
For sale
432
Median asking price
$1.5M
Avg. advertised cap rate
5.70%
New in last 30 days
0
Submarkets
106
Inventory by property type
  • Retail115 · 27%
  • Land101 · 23%
  • Office64 · 15%
  • Multifamily59 · 14%
  • Industrial57 · 13%
  • Special Purpose13 · 3%
  • Hospitality9 · 2%
  • Business for Sale6 · 1%
Asking price distribution (for sale)
Low $45KMedian $1.5MHigh $40M

Based on 327 listings that publish an asking price.

Recent market activity
  • New in last 30 days0
  • New in last 90 days432
  • Sold or leased (180 days)1

Market analysis — September 2026

Commrty is tracking 432 active commercial real estate listings in Utah. The deepest inventory sits in retail (115), land (101), office (64).

Across listings that disclose pricing, the median asking price is $1.5M, the median advertised cap rate is 5.70%.

0 listings were added in the last 30 days and 432 in the last 90, a rough read on how quickly inventory is turning over in this market.

Figures are computed from active listings published on Commrty as of September 2026 and describe listed inventory, not the entire market.