Commercial Real Estate Market in Holladay, UT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
22 active listings and 67 off-market properties in Holladay, UT. Commercial property asks $2,046/SF to buy and $15.75/SF/Yr to lease.
Market Trends
Holladay, UT spans 77.8 square miles in Salt Lake County, Utah. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Holladay, UT runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Holladay, UT runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Holladay, 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 Holladay, UT asks $293/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 82.6%
- Civic 10.5%
- Open space 3%
- Commercial 1.9%
- Mixed use 1.1%
Largest Zones share of zoned land by district
Single Family Residential
Single Family Residential
Single Family Residential
Public Use
Single Family Residential
Holladay, UT zones 5,430 acres across 23 districts. Commercial zoning covers 1.9% of zoned land, residential 82.6% and open space 3%. The largest single district is Single Family Residential at 27.7%. For commercial buyers the practical constraint is that only 1.9% of land carries a commercial or industrial designation.
Single Family Residential (R-1-10)
New single-family houses Additions to existing single-family houses including garages, and attached structures (carports, porches, decks etc.). You will need: 1 The Zoning designation for the property. (R-1-4, R-1-8, R-1-10, R-1-15, R-1-21, R-1-43 or R-1-87). Online zone map at www.cityofhollday.com 2 A copy of the applicable zoning ordinances. Copies of t…
Market overview
Demographics & Economy
Holladay, UT has 90,175 residents in 36,961 households. Density runs 1,159 people per square mile. Median household income here is $107,750 and median gross rent $1,650 a month.
90,175
Population
36,961
Households
2.4
Avg Household Size
39
Median Age
54%
College-Educated
97%
High-School Grad
77.8 sq mi
ZIP Area
1,159
Density / Sq Mi
$107,750
Median Household Income
$53,400
Median Earnings
$1,650
Median Rent
$627,792
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Millcreek | — | — |
| Murray | — | $19.61 |
| Salt Lake City | — | $23.17 |
| South Salt Lake | — | — |
Commercial property in Holladay, UT asks $2,046/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Holladay?
Commercial property in Holladay, UT asks an average of $2,046 per square foot. Multifamily carries the highest asking price at $293/SF.
How much does it cost to lease commercial space in Holladay?
Asking lease rates in Holladay, UT average $15.75 per square foot per year.
What zoning applies to commercial property in Holladay?
Holladay, UT zones 5,430 acres across 23 districts, of which 1.9% is commercial and 0% industrial. The largest single district is Single Family Residential at 27.7% of zoned land. New single-family houses Additions to existing single-family houses including garages, and attached structures (carports, porches, decks etc.). You will need: 1 The Zoning designation for the property. (R-1-4, R-1-8, R-1-10, R-1-15, R-1-21, R-1-43 or R-1-87). Online zone map at www.cityofhollday.com 2 A copy of the applicable zoning ordinances. Copies of t… Residential zoning covers 82.6% and open space 3%.
Where does Realmo's Holladay market data come from?
Realmo compiles Holladay, UT figures from 17 active sale listings, 5 active lease listings, 67 tracked off-market properties, the current Holladay zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 17 active for-sale and 5 active for-lease listings in Holladay, 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: 5,430 zoned acres across 23 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
