Commercial Real Estate Market in Farmington, UT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
25 active listings and 262 off-market properties in Farmington, UT. Commercial property asks $763/SF to buy and $38.00/SF/Yr to lease.
Market Trends
Farmington, UT spans 14.2 square miles in Davis County, Utah. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Farmington, UT runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Farmington, UT runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Farmington, 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 vacancy in Farmington, UT runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 79.1%
- Mixed use 9.9%
- Industrial 4.7%
- Planned_development 2.7%
- Commercial 2.7%
- Civic 0.6%
- Agricultural 0.4%
Largest Zones share of zoned land by district
Agricultural Estates
Large Residential Foothill
Agricultural Very Low Density
Large Residential
Residential
Farmington, UT zones 6,434 acres across 39 districts. Commercial zoning covers 2.7% of zoned land, residential 79.1% and industrial 4.7%. The largest single district is Agricultural Estates at 22.4%. For commercial buyers the practical constraint is that only 7.4% of land carries a commercial or industrial designation.
Agricultural Estates (AE)
This Zone are intended to provide areas for the keeping of farm animals and fowl in conjunction with single- family dwelling units to an extent consistent with said development and in proportion to the amount of land area provided for this purpose
Market overview
Demographics & Economy
Farmington, UT has 24,596 residents in 7,417 households. Density runs 1,729 people per square mile. Median household income here is $120,123 and median gross rent $1,644 a month.
24,596
Population
7,417
Households
3.3
Avg Household Size
31
Median Age
50%
College-Educated
98%
High-School Grad
14.2 sq mi
ZIP Area
1,729
Density / Sq Mi
$120,123
Median Household Income
$50,856
Median Earnings
$1,644
Median Rent
$618,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Centerville | — | — |
| Kaysville | — | — |
| Bountiful | — | — |
Commercial property in Farmington, UT asks $763/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Farmington?
Commercial property in Farmington, UT asks an average of $763 per square foot.
How much does it cost to lease commercial space in Farmington?
Asking lease rates in Farmington, UT average $38.00 per square foot per year.
What zoning applies to commercial property in Farmington?
Farmington, UT zones 6,434 acres across 39 districts, of which 2.7% is commercial and 4.7% industrial. The largest single district is Agricultural Estates at 22.4% of zoned land. This Zone are intended to provide areas for the keeping of farm animals and fowl in conjunction with single- family dwelling units to an extent consistent with said development and in proportion to the amount of land area provided for this purpose Residential zoning covers 79.1% and open space 0%.
Where does Realmo's Farmington market data come from?
Realmo compiles Farmington, UT figures from 15 active sale listings, 10 active lease listings, 262 tracked off-market properties, the current Farmington zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 15 active for-sale and 10 active for-lease listings in Farmington, 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: 6,434 zoned acres across 39 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 · How Realmo checks market page data · Report a data issue
