Commercial Real Estate Market in Oro Valley, AZ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
63 active listings and 165 off-market properties in Oro Valley, AZ. Commercial property asks $337/SF to buy and $20.25/SF/Yr to lease.
Market Trends
Oro Valley, AZ spans 98.1 square miles in Pima County, Arizona. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Oro Valley, AZ asks $259/SF to buy. Vacancy runs 20.8% across the West region in 2025, up from 11% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Retail
Retail space in Oro Valley, AZ asks $202/SF to buy. Vacancy runs 5.8% across the West region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Industrial
Industrial vacancy in Oro Valley, AZ runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily space in Oro Valley, AZ asks $212/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Market overview
Demographics & Economy
Oro Valley, AZ has 104,976 residents in 50,849 households. Density runs 1,071 people per square mile. Median household income here is $94,513 and median gross rent $1,627 a month.
104,976
Population
50,849
Households
2.1
Avg Household Size
50
Median Age
51%
College-Educated
96%
High-School Grad
98.1 sq mi
ZIP Area
1,071
Density / Sq Mi
$94,513
Median Household Income
$50,382
Median Earnings
$1,627
Median Rent
$395,223
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Oro Valley?
Commercial property in Oro Valley, AZ asks an average of $337 per square foot. The 4 most recent recorded sales traded at a median of $276/SF, so asking sits 22% above the achieved median. Office carries the highest asking price at $259/SF.
How much does it cost to lease commercial space in Oro Valley?
Asking lease rates in Oro Valley, AZ average $20.25 per square foot per year.
Where does Realmo's Oro Valley market data come from?
Realmo compiles Oro Valley, AZ figures from 5 recent recorded sales, 52 active sale listings, 11 active lease listings, 165 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 52 active for-sale and 11 active for-lease listings in Oro Valley, AZ. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
