Commercial Real Estate Market in Highland, UT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
23 active listings and 44 off-market properties in Highland, UT.
Market Trends
Highland, UT spans 73.6 square miles in Utah County, Utah. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Highland, UT runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Highland, UT runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Highland, 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 Highland, 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 93.5%
- Planned_development 3.8%
- Civic 1.1%
- Commercial 0.6%
- Mixed use 0.2%
- Industrial 0.2%
Largest Zones share of zoned land by district
Residential
Conditional Use Residential
Non Conforming Residential
Residential
Planned Development
Highland, UT zones 5,577 acres across 18 districts. Commercial zoning covers 0.6% of zoned land, residential 93.5% and industrial 0.2%. The largest single district is Residential at 73.5%. For commercial buyers the practical constraint is that only 0.8% of land carries a commercial or industrial designation.
Residential (R1-40)
Zoning Zoning Residential Zones The Highland City Planning Department administers and regulates zoning criteria as outlined in the Development Code. The City currently has 3 zones allocated for residential development: R-1-40 R-1-30 R-1-20 The Zoning Map identifies the zoning for each piece of property in Highland City. The Highland City Zoning Map is also a…
Market overview
Demographics & Economy
Highland, UT has 52,970 residents in 16,441 households. Density runs 720 people per square mile. Median household income here is $120,262 and median gross rent $1,692 a month.
52,970
Population
16,441
Households
3.2
Avg Household Size
29
Median Age
50%
College-Educated
96%
High-School Grad
73.6 sq mi
ZIP Area
720
Density / Sq Mi
$120,262
Median Household Income
$41,591
Median Earnings
$1,692
Median Rent
$580,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Alpine | — | — |
| American Fork | — | $17.63 |
| Pleasant Grove | — | — |
Commercial property in Highland, UT asks $312/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Highland?
Commercial property in Highland, UT asks an average of $312 per square foot. Multifamily carries the highest asking price at $254/SF.
What zoning applies to commercial property in Highland?
Highland, UT zones 5,577 acres across 18 districts, of which 0.6% is commercial and 0.2% industrial. The largest single district is Residential at 73.5% of zoned land. Zoning Zoning Residential Zones The Highland City Planning Department administers and regulates zoning criteria as outlined in the Development Code. The City currently has 3 zones allocated for residential development: R-1-40 R-1-30 R-1-20 The Zoning Map identifies the zoning for each piece of property in Highland City. The Highland City Zoning Map is also a… Residential zoning covers 93.5% and open space 0%.
Where does Realmo's Highland market data come from?
Realmo compiles Highland, UT figures from 10 active sale listings, 13 active lease listings, 44 tracked off-market properties, the current Highland zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 10 active for-sale and 13 active for-lease listings in Highland, 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: 5,577 zoned acres across 18 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
