Commercial Real Estate Market in Alpine, UT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
34 active listings and 71 off-market properties in Alpine, UT. Commercial property asks $614/SF to buy and $12.00/SF/Yr to lease.
Market Trends
Alpine, UT spans 31.0 square miles in Utah County, Utah. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Alpine, UT runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Alpine, UT runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Alpine, UT 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 Alpine, UT asks $254/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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 71%
- Civic 6%
- Commercial 1.8%
Largest Zones share of zoned land by district
Country Residential
Critical Environment
Country Residential
Town Residential
Business Commercial
Alpine, UT zones 5,102 acres across 6 districts. Commercial zoning covers 1.8% of zoned land, residential 71%. The largest single district is Country Residential at 51.5%. For commercial buyers the practical constraint is that only 1.8% of land carries a commercial or industrial designation.
Country Residential (CR-40000)
ARTICLE 3.4 C-R 40,000 COUNTRY RESIDENTIAL ZONE - 1 ACRE (CR-1 Created by Ord. 91-01, 4/9/91 and amended by Ord. 95-04, 2/3/95; Ord. 2014-11, 6/24/14) 3.4.1 LEGISLATIVE INTENT The CR -40,000 Zone includes the territory, generally located around the periphery of the City, considered appropriate for low density residential development. While much of the land i…
Market overview
Demographics & Economy
Alpine, UT has 10,259 residents in 3,133 households. Density runs 331 people per square mile. Median household income here is $156,786 and median gross rent $2,786 a month.
10,259
Population
3,133
Households
3.3
Avg Household Size
32
Median Age
57%
College-Educated
99%
High-School Grad
31 sq mi
ZIP Area
331
Density / Sq Mi
$156,786
Median Household Income
$52,765
Median Earnings
$2,786
Median Rent
$893,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Highland | — | — |
| American Fork | — | $17.63 |
| Draper | — | $23.39 |
Commercial property in Alpine, UT asks $614/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Alpine?
Commercial property in Alpine, UT asks an average of $614 per square foot. Multifamily carries the highest asking price at $254/SF.
How much does it cost to lease commercial space in Alpine?
Asking lease rates in Alpine, UT average $12.00 per square foot per year.
What zoning applies to commercial property in Alpine?
Alpine, UT zones 5,102 acres across 6 districts, of which 1.8% is commercial and 0% industrial. The largest single district is Country Residential at 51.5% of zoned land. ARTICLE 3.4 C-R 40,000 COUNTRY RESIDENTIAL ZONE - 1 ACRE (CR-1 Created by Ord. 91-01, 4/9/91 and amended by Ord. 95-04, 2/3/95; Ord. 2014-11, 6/24/14) 3.4.1 LEGISLATIVE INTENT The CR -40,000 Zone includes the territory, generally located around the periphery of the City, considered appropriate for low density residential development. While much of the land i… Residential zoning covers 71% and open space 0%.
Where does Realmo's Alpine market data come from?
Realmo compiles Alpine, UT figures from 28 active sale listings, 6 active lease listings, 71 tracked off-market properties, the current Alpine zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 28 active for-sale and 6 active for-lease listings in Alpine, UT. 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.
- Zoning and land use
- The current municipal zoning release: 5,102 zoned acres across 6 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- 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 · report a data issue
